Economy
PM taunts Trump with China push
A DAY after US President Donald Trump ditched the TPP, Malcolm Turnbull has opened the door for China to move on in.
You can bet your houses on Don
PRESIDENT-elect Donald Trump could inadvertently give Australian homeowners a leg up by triggering an interest-rate cut within the first few months of his presidency.
First home buyers still frozen out
INVESTORS are boosting activity in the housing market meaning the Reserve Bank is unlikely to cut interest rates this year, economists say.
British PM promises ‘clean break’
IN HER most detailed Brexit speech so far, British prime minister Theresa May reveals what the United Kingdom’s exit from the EU will look like.
Investors must prepare for a wild ride
YEEHAW! Aussie investors and super fund members have been enjoying a rollicking ride on the sharemarket in recent weeks. Can it last?
Low-rate love affair on the rocks
HOME buyers and property investors have enjoyed six blissful years of falling mortgage interest rates, but many forecasters believe the next rates move is up.
$110k grant before sale to Ley
A LIBERAL party donor has denied there was a direct link between his company receiving a grant six months before he sold his unit to Sussan Ley.
Finance news you need to know today
CITIZENS of this European country have got it made, with the government kicking off its basic monthly income experiment— $815 each, no strings attached.
ScoMo says: Yes, we can tough it out
TREASURER Scott Morrison says he has restored confidence in the Australian economy, even predicting a narrow $1 billion surplus come 2020-21.
Morrison slammed on ‘zombie’ savings
TREASURER Scott Morrison has defended his mid-year budget review as Labor claimed it was ‘wafer-thin’ and gave it a ‘Triple-F’ rating.
Government faces Budget embarrassment
AUSTRALIA risks losing its AAA credit rating today, if the midyear budget review shows our economic position has deteriorated over the past six months.
AAA call hinges on budget update
CREDIT rating agencies issued a warning months ago about our economy, and now Australia’s AAA rating could be gone by Christmas.
America finally raises interest rates
THE US Federal Reserve has increased interest rates for the first time in a year, signalling a faster pace of increases in 2017.
Is Australia headed for recession?
FINANCE Minister Mathias Cormann has rejected the claims after it emerged that the economy saw its first decline since March 2011 in the September quarter.
Labor premiers stall Turnbull’s plans
MALCOLM Turnbull issued a warning to the state premiers, saying without serious reforms Australians’ living standards are at risk.
Banks consider ultimate Grinch move
THE major banks are considering raising variable interest rates, slugging the majority of mortgage holders in the lead-up to Christmas.
Why disaster is actually a good thing
AUSTRALIA posted its worst economic performance since the Global Financial Crisis yesterday, but there are some crucial things the numbers hide.
Shrinking economy a ‘wake-up call’
SCOTT Morrison has used data showing the Australian economy’s failure to grow to demand more support for the government’s economic plans.
Australia’s worst performance since GFC
THE economy is officially in the doldrums, with data painting a grim picture for the government’s “jobs and growth” agenda.
Finance news you need to know today
BUNNINGS boss John Gillam is stepping down after wiping the floor with the competition in his time at the helm of the hardware chain.
Interest rates: going to be bumpy 2017
HOME owners should strap themselves in for 2017 year, with experts warning we could see something we haven’t seen in more than six years.
Six ways Trump will clash with China
DONALD Trump’s controversial phone call to the Taiwan president is just one of six issues that could become flashpoints between the US and China.
Malcolm Turnbull limps to the finish line
MALCOLM Turnbull really needs a holiday. The PM managed to scrape by with a narrow, last gasp win yesterday, but his year was anything but a success.
‘Cowboys flogging the family silver’
LABOR has criticised a WA Government plan to sell off the Western Power poles and wires utility. But the Premier says it will bring in at least $11bn.
‘I’m not going to jack up their rents’
SCOTT Morrison has ruled out any changes to negative gearing after NSW Premier Mike Baird called for a rethink of the controversial tax break.
Backpacker tax smackdown
THE Coalition was celebrating a major victory in the Senate, when Labor caught them completely off-guard.
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