Company tax cuts wrong move, says Costello
Proposed cuts to company tax have come under fire from former federal treasurer Peter Costello for being less effective at boosting the economy than personal tax cuts.
Proposed cuts to company tax have come under fire from former federal treasurer Peter Costello for being less effective at boosting the economy than personal tax cuts.
2016 was meant to be the year the housing bubble started to seriously deflate.
Against the backdrop of Brexit and the 'Trump bump', another turbulent year is predicted.
The pursuit of free trade agreements remains a strong priority of the federal government in the face of a rising populist protectionism, particularly from US President-elect Donald Trump.
The lack of easy, costless answers suggests that, come next January, the world will remain in much the same place it is now - a muddle.
The $400 billion industry superannuation sector is pushing for the big banks to bear the "lion's share" of funding the corporate watchdog.
China's manufacturing sector expanded for a fifth month in December, but growth slowed a touch more than expected in a sign that government measures to rein in soaring asset prices are starting to have a knock-on effect on the broader economy.
Human contact is an important part of health and our prosperity.
Multiply the number of shirts worn in Australia by the time it takes to remove their natural wrinkles, and you pretty much have the national productivity crisis laid out on your ironing board.
One of the small pleasures of my year was watching the deft political manoeuvrings of Thomas Cromwell in the TV miniseries of Hilary Mantel's Wolf Hall.
Global investment funds say 2016 should serve as a wake-up call for Australian boards on the issue of executive pay, with some company executives paying themselves too well.
Spend much time with economists around this time of year, and you will hear about the dreadful inefficiency of exchanging gifts. But there's a higher logic to the gift economy.
Some economists worry the world economy isn't growing fast enough. It's slowing down and reaching the point of "secular stagnation".
The fixation with the budget deficit being a few billion one way or the other is arguing about the fleas on the dog – it's economic growth that decides whether the dog is fed or not.
The taxman will now disclose small business tax debt information to credit reporting agencies under a new measure announced in the federal government's midyear budget update.
The RBA balanced "considerable uncertainty" in labour market momentum and resurgent property prices in Sydney and Melbourne in its decision to leave interest rates unchanged.
A new OECD paper has looked at how tax systems, including Australia's, effectively discriminate against married women.
What an amazing difference 19 months can make for parliamentary inquiries into housing affordability and ownership.
What is this rating, where does it come from and does it matter? Your AAA-rating questions answered.
Congratulations are in order as ScoMo's epiphany represents a major break with the Abbott/Hockey dogma of all government debt being evil.
Phasing out the $100 note may do little to disrupt crime, Reserve Bank paper says.
Households are overgeared and the RBA might have to cut interest rates up to three times to ward off a dramatic deleveraging event.
Imagine a land in which everything was outlawed, except for the things that were specifically allowed. Things would more-or-less work, until you tried something new.
Consumer confidence has dived to its lowest level since April in a "jolt to stability and confidence", plunging into doubt retailers forecasts ten days before Christmas.
The Turnbull government is to consider a ban on the $100 note and a crackdown on all but small cash payments as part of an assault on the cash economy to be unveiled in Monday's mid-year budget update.
A measure of Australia's consumer sentiment slipped to an eight-month low in December after disappointing data on the domestic economy shook confidence in the outlook for the year ahead.
The year will end with 15 boards in the ASX 200 with no women on it.
By 2019-20, residents in NSW will pay $23.7 billion in GST and get back just $17.8 billion.
There's a big downside to NSW's economic success.
Business conditions have fallen to their lowest level in 19 months and consumer confidence has plunged.
It's not easy to make a killing in the competitive cosmetics industry. These guys have done it.
It's not tech and it's not mining. It's something you'd never dream of.
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