Ian Verrender
Ian Verrender is the ABC's business editor. A journalist for more than 30 years, Verrender spent 25 years at The Sydney Morning Herald in a variety of roles including senior writer and business editor. He joined Business Spectator and Eureka Report in 2012 and joined the ABC in 2014.
What if America starts producing everything at home? Analysis
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Ultimately, desperate US corporations could lean further towards automation, robotics and artificial intelligence, and seek ways to eliminate labour altogether, writes Ian Verrender.
Topics: donald-trump, world-politics, globalisation---economy, trade, united-states
Analysis: Turnbull Government TPP policy consistency wouldn't go astray Analysis
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They say truth is the first casualty in war, but when it comes to trade, truth has been missing in action for quite some time, business editor Ian Verrender writes.
Topics: international-aid-and-trade, business-economics-and-finance, trade, government-and-politics, federal-government, world-politics, australia, united-states
Verrender: MYEFO shows these aren't ordinary times
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The good news from the MYEFO is Treasurer Scott Morrison appears to have achieved an improvement in the current year compared to the May budget — the bad news is the forecasts for next year and beyond look shocking, writes Ian Verrender.
Topics: business-economics-and-finance, economic-trends, money-and-monetary-policy, budget, government-and-politics, federal-government, australia
Why Australia's AAA credit rating is doomed Analysis
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When Treasurer Scott Morrison unveils his second Mid Year Economic and Fiscal Outlook, it will be in the knowledge that the "coveted" AAA credit rating is doomed.
Topics: business-economics-and-finance, money-and-monetary-policy, government-and-politics, federal-government, budget, australia
Fed rocks the free money world as end of distortion hits home Analysis
Posted
Financial markets have partied on years of easy money, but the Fed is rocking the party boat as it threatens to turn the financial distortion down from 11.
Topics: money-and-monetary-policy, markets, currency, economic-trends, united-states, australia
Verrender: 2017 looms as difficult year for the Lucky Country Analysis
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Another anguished treasurer faces the prospect of a mid-year downgrade to his economic forecasts. Perhaps it's time to revisit our resources rent taxes.
Topics: mining-industry, business-economics-and-finance, wa, australia
Verrender: Scrapping TPP won't make a lick of difference Analysis
Posted
How much worse off are we all now that the Trans-Pacific Partnership has been consigned to the dustbin? The short answer is it will not make a lick of difference — in fact, we may be better off.
Topics: business-economics-and-finance, international-aid-and-trade, trade, world-politics, government-and-politics, australia, united-states
Verrender: 'Populism' is not the answer to the questions of a generation Analysis
Posted
Like the hapless Mr Jones in Bob Dylan's Ballad of a Thin Man, our political and business leaders simply cannot fathom what is wrong, or why anyone would be unhappy.
Topics: business-economics-and-finance, government-and-politics, world-politics, australia, united-states
Verrender: Trump's election promises could cost world economies Analysis
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Donald Trump's election promises to remove trade barriers and restore US industries will not play out well on the world market or for the US economy.
Topics: globalisation---economy, business-economics-and-finance, world-politics, international-aid-and-trade, industrial-relations, united-states
Part-time trend: Business leaders should be careful what they wish for Analysis
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Once concerned only with unemployment as a barometer of the nation's health, economists have begun to view underemployment with alarm. With good reason.
Topics: unemployment, community-and-society, government-and-politics, australia
Former CBA boss critical of new chairman after 'nightmare' Telstra service
Posted
Former Commonwealth Bank chief executive David Murray again pours scorn on the bank's newly appointed chairman Catherine Livingstone.
Topics: business-economics-and-finance, banking, industry, australia
China gambling arrests add another thorn to Packer's Crown Analysis
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China's Government adds another thorn to James Packer's Crown, with the arrest of 18 casino staff a sign it is serious about stopping the exodus of high-roller gamblers.
Topics: company-news, hospitality, gambling, fraud-and-corporate-crime, world-politics, foreign-affairs, australia, china
Balancing the budget is important, but spending isn't always bad Analysis
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Loosening the purse strings does not come naturally to the Coalition, but investing for the future at a time of record-low interest rates and low national income is vital, writes Ian Verrender.
Topics: government-and-politics, federal-government, budget, transport, housing-industry, business-economics-and-finance, australia
Australia's deep distrust in government, banking industry needs urgent attention Analysis
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Can you have too much of a good thing? The developed world, including ourselves, certainly appears to believe so and it is time the business world and governments woke up to it, writes Ian Verrender.
Topics: business-economics-and-finance, economic-trends, banking, government-and-politics, australia, united-states
Big four prepare for bank inquiry as next crisis brews in Europe Analysis
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With another banking crisis brewing again in Europe, the leaders of our big four banks are steeling themselves for what they hope will be a wet-lettuce-slapping, meaningless bit of theatre in the national capital this week.
Topics: business-economics-and-finance, industry, banking, government-and-politics, australia
ASIC's Dawkins case forges class action alliance over Vocation
Posted
Former federal education minister John Dawkins' woes intensify after class action lawyers seize upon news he is facing legal action from the corporate regulator.
Topics: education, vocational, university-and-further-education, education-industry, business-economics-and-finance, government-and-politics, law-crime-and-justice, australia, vic
Former minister Dawkins faces court over Vocation collapse
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Former federal education minister and treasurer John Dawkins faces legal action over his role in the collapse of private education provider Vocation.
Topics: business-economics-and-finance, vocational, education, education-industry, government-and-politics, university-and-further-education, law-crime-and-justice, australia, vic
Fed Reserve chief Janet Yellen shreds credibility as economic leaders falter Analysis
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The world's economic leaders now find themselves stranded at a crossroads, agonising over which way to turn as it becomes ever more obvious that their radical policies have failed.
Topics: business-economics-and-finance, industry, banking, government-and-politics, australia
Paradox of plenty strikes again as resources boom squandered Analysis
Posted
The state that should be the richest is in desperate straits as it enters a recession-like conditions, global resources companies are notching up losses by the score and the car manufacturing industry is being killed by a resources boom that paid only temporary dividends. So much for the lucky country.
Topics: business-economics-and-finance, economic-trends, budget, automotive, government-and-politics, federal---state-issues, wa, australia
Treasurer right to reject Ausgrid sale Analysis
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Treasurer Scott Morrison's decision to block the sale of Ausgrid to Chinese interests highlights how worthless free trade deals really are.
Topics: electricity-energy-and-utilities, international-aid-and-trade, trade, foreign-affairs, china, hong-kong, nsw, australia
Four myths busted: Why we need a banking royal commission Analysis
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Tens of thousands of Australians have had their lives ruined by the major banks. If there's no need for a Royal Commission, why is the Turnbull Government wasting time and money on a parliamentary inquiry?
Topics: banking, royal-commissions, federal-parliament
It's a new Lowe as the RBA enters the monetary policy twilight zone Analysis
Posted
Phil Lowe assumes the governor's role as Australia gets sucked into a global vortex of deflation, low growth and ultra-radical monetary policy that so far has failed to fire up demand or investment.
Topics: business-economics-and-finance, banking, money-and-monetary-policy
With a global economy in serious trouble, something's got to give Analysis
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Economic growth is faltering and increasingly desperate measures by central banks are proving ineffective. Meanwhile, both stocks and bonds are hitting record highs. It's an each way bet on boom and bust and it's unheard of.
Topics: banking, money-and-monetary-policy, business-economics-and-finance, stockmarket
Deep cuts offer no hints as to source of Woolworths revival Analysis
Posted
Woolworths' desperate move to slash costs and preserve margins is pleasing investors for now, but the company still lacks a growth strategy.
Topics: company-news, retail, australia
Don't expect super reform to come without a fight Analysis
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The Government's proposed superannuation changes will help rein in the budget deficit and provide equity to the system. So of course Canberra's vested interests are howling in opposition.
Topics: superannuation, tax, budget
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