The Reserve Bank board faces little pressure to adjust rates at its first meeting for the year on Tuesday after the BusinessDay Scope forecasting panel predicted a rarity - an entire year of steady rates.
In most years there’s room for one forecaster of the year. But not in 2016. Hardly any of our panel picked the dive in Australia’s growth rate to 1.8 per cent or the dive in the cash rate to a record-low 1.5 per cent. Wage growth was lower than all but the most pessimistic of the forecasts, and house prices ended the year far higher than the highest.
With Malcolm Turnbull desperate to keep burning coal for electricity, just how important is the mining industry to our economy?
Few of Australia's leading economists expect the government to deliver the cut in the budget deficit promised.
The BusinessDay Scope panel have a rather circumspect view on where the ASX200 will end up by the end of 2017.
Donald Trump doesn't get it, apparently is incapable of getting it.
The probability the RBA raises interest rates in November is "somewhere in the 40s and rising" according to Goldman Sachs.
Small shopfront accountants nationwide are worried about the end of the traditional tax return.
December's record trade surplus is good news for corporate profits and the government's triple A rating. But economists expect the impact on the real economy to be muted
Reserve Bank of Australia Governor Philip Lowe prides himself on trying to fully answer questions leveled at him in public. It turned out to be a query from his family that flummoxed him.
Within three years, Australians may witness one of the biggest financial raids in history.
Business conditions recovered strongly in December as firms reported a marked pick-up in sales and profits, the latest in a string of surveys pointing to gathering momentum going into the new year.
New research ridicules the prime minister's claim that cutting the company tax rate will boost foreign investment, pointing out that almost all of Australia's foreign investment applications come from countries with much lower tax rates.
Australia now makes more money selling tourism services to foreigners than it makes from exporting coal.
The family home has eclipsed superannuation as Australia's biggest tax break.
The current account deficit, once thought of as Australia's biggest economic challenge, will as good as vanish in the year ahead as income from exports exceeds spending on imports for the longest time since the 1970s, according to the Deloitte Access preview of the year ahead.
The Reserve Bank has been given licence to leave interest rates on hold at its first board meeting for the year, after the delivery of a low inflation result in line with its expectations and signs it will lift.
Australia's rate of inflation in 2016 was below expectations, sparking fears of continued economic weakness and keeping the door open for an interest rate cut by the Reserve Bank.
Australians who have been underpaid their super entitlements have balances that are almost $20,000 or about 50 per cent lower, new research Industry Super Australia shows.
The government is being urged to revisit bilateral trade deals with Australia's big Asian trade partners, after Donald Trump's move to pull the plug on the Trans-Pacific Partnership.
The new premier claims to be "open minded" on the best ways to improve housing affordability, but here are 11 economist-endorsed ideas that might test her mettle.
It's the global ranking Australians don't want.
Consumer prices are likely to have edged higher last quarter driven by petrol, but core inflation will still linger at worryingly low levels.
Which industries are performing and likely to offer strong employment opportunities in 2017?
The ACT easily held its spot as Australia's third best performing economy after NSW and Victoria, respectively, with strong consumer, business and housing spending.
Women are marching on Washington this weekend, but they've been storming the Australian workforce for decades, with implications for mortgage rates.
Business chiefs are urging the next NSW premier to continue driving the state's infrastructure boom, crediting Mike Baird's support for big projects with helping to resurrect the state economy to a position of national leadership.
The Australian economy added 91,500 jobs in 2016 – the worst yearly figure since 2013.
The Australian economy added 91,500 jobs in 2016 – the worst yearly figure since 2013.
The first measure of consumer spending in December to be released suggests Australian businesses had one of their better holiday seasons in 10 years, with consumer spending over the holiday period well above the decade growth average for the month.
Telstra small business customers are counting the cost of the Telstra outage which continues to affect some businesses.
Competition for new venture HQs will get fiercer as governments recognise the value of entrepreneurship ecosystems.
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