Posted
| UpdatedA new $10 note design is unveiled by the Reserve Bank of Australia, featuring similar characteristics to the $5 note released in September.
Topics: money-and-monetary-policy, human-interest, australia
Posted
Strong economic data and more talk of tax cuts by the US President sent Wall Street higher overnight, despite the increasing likelihood of a March rate rise.
Topics: stockmarket, currency, futures, markets, money-and-monetary-policy, economic-trends, united-states, united-kingdom, australia, european-union
Posted
| UpdatedFinancial distress is affecting a huge number of Australians and the slightest wind could spell catastrophe for households, David Taylor writes.
Topics: business-economics-and-finance, government-and-politics, money-and-monetary-policy, australia
Posted
Treasurer Scott Morrison is trying to save Australia's prized AAA credit rating, burdened by a $37 billion budget deficit, but one ratings agency is likely to deliver on its threat to cut our credit rating, writes Andrew Robertson.
Topics: business-economics-and-finance, money-and-monetary-policy, government-and-politics, federal-government, budget, iron-ore, coal, australia
Posted
The International Monetary Fund says Australia still faces "significant risks and uncertainties" and warns about the country's housing market and a slowdown in Australia's main trading partners, including China.
Topics: economic-trends, money-and-monetary-policy, trade, australia
Posted
It is highly unlikely that Australia's economy entered a recession over the second half of last year, the Reserve Bank concludes in its latest economic update.
Topics: money-and-monetary-policy, economic-trends, business-economics-and-finance, australia
Posted
| UpdatedThe governor of the Reserve Bank backs the Government's campaign to lower the corporate tax rate, warning Australia needs to remain internationally competitive.
Topics: business-economics-and-finance, company-news, economic-trends, banking, money-and-monetary-policy, multinationals, regulation, australia
Posted
| UpdatedOpposition builds over planned changes to discounted registration costs for council fleet vehicles.
Topics: government-and-politics, money-and-monetary-policy, business-economics-and-finance, elections, albany-6330
Posted
Australia faces higher interest rates and a stronger dollar in 2017 as US inflation gathers momentum, says former Reserve Bank board member Professor Warwick McKibbin.
Topics: economic-trends, money-and-monetary-policy, currency, markets, united-states, australia
Posted
Mortgage insurer Genworth suffers a steep sell-off as increased bad debts on WA and Queensland home loans combine with a decline in riskier new home lending to hit profits.
Topics: housing-industry, economic-trends, company-news, stockmarket, money-and-monetary-policy, australia, wa, qld
Posted
Both the Dow Jones Industrial Average and Nasdaq touch fresh records early in the overnight trading session, but the milestones are short-lived, with oil prices curbing the markets' advance.
Topics: stockmarket, currency, futures, markets, money-and-monetary-policy, united-states, united-kingdom, australia, european-union
Posted
The Reserve Bank has left official interest rates on hold at 1.5 per cent for the sixth straight month.
Topics: business-economics-and-finance, money-and-monetary-policy, business-economics-and-finance, economic-trends, australia
Posted
| UpdatedThe Reserve Bank leaves official interest rates on hold at 1.5 per cent for the sixth straight month.
Topics: money-and-monetary-policy, economic-trends, australia
Posted
Markets in the United States limped to a weak finish overnight, with analysts suggesting investors are becoming increasingly anxious about US President Donald Trump's isolationist policies.
Topics: stockmarket, currency, futures, markets, money-and-monetary-policy, united-states, european-union, australia, united-kingdom
Posted
Technology stocks surge on strong Apple iPhone sales, while the US Federal Reserve leaves interest rates on hold as expected.
Topics: stockmarket, money-and-monetary-policy, currency, futures, markets, united-states, united-kingdom, australia, european-union
Posted
| UpdatedIf you thought it was hard to get into the housing market, it may yet get worse unless tax policies are changed to reduce investor demand. That's the warning of economists at Australia's biggest mortgage lender.
Topics: housing-industry, economic-trends, banking, money-and-monetary-policy, australia
Posted
The worrying slide in Australian business conditions is curbed, but the respite may be temporary according to NAB's latest survey.
Topics: economic-trends, business-economics-and-finance, money-and-monetary-policy, australia
Posted
| UpdatedA slightly lower-than-expected inflation figure gives the Reserve Bank scope to keep interest rates lower for longer.
Topics: economic-trends, money-and-monetary-policy, retail, australia
Posted
Wall Street sees its best day this year as US investors shrug off the uncertainty over President Donald Trump and focus instead on company profit results.
Topics: business-economics-and-finance, company-news, economic-trends, banking, markets, currency, futures, stockmarket, money-and-monetary-policy, united-states, united-kingdom, european-union, australia
Posted
| UpdatedFederal Reserve chair Janet Yellen boosts the US dollar with hints of multiple interest rate rises, just days after President-elect Donald Trump talked the greenback down.
Topics: currency, money-and-monetary-policy, stockmarket, futures, markets, united-states, united-kingdom, australia, european-union
Posted
While the recovery took longer than many hoped or expected, Barack Obama is leaving the US economy in much better shape than he found it eight years ago.
Topics: economic-trends, money-and-monetary-policy, us-elections, world-politics, government-and-politics, united-states
Posted
Housing investors lead a strong jump in mortgage lending in November, adding credence to other signs of a bounce in the Australian housing market.
Topics: economic-trends, housing-industry, banking, money-and-monetary-policy, australia
Posted
| UpdatedThe International Monetary Fund is predicting that Donald Trump's plans for big spending increases and tax cuts in the United States are likely to spur a wave of economic growth, but also warns it carries significant risks.
Topics: economic-trends, international-financial-institutions, money-and-monetary-policy, united-states, china, australia
Posted
| UpdatedJust eight men, including Bill Gates and Mark Zuckerberg, own the same amount of wealth as the poorest half of the world's population, a new Oxfam report reveals.
Topics: money-and-monetary-policy, business-economics-and-finance, poverty, community-and-society, australia, switzerland
Posted
US stocks fall as analysts start calling the end of the Trump rally, with the US President-elect failing to elaborate on his economic stimulus plans.
Topics: stockmarket, money-and-monetary-policy, currency, futures, markets, united-states, united-kingdom, european-union, australia