Peter Ryan is the ABC's senior business correspondent. With more than 30 years of journalism experience, he contributes to a range of ABC News programs including the flagship radio current affairs programs AM and The World Today in addition to ABC News 24 and ABC News Online.
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| UpdatedThe Commonwealth Bank's move to lift investor home loan rates is the latest step to slow the rampant housing market, but analysts warn if property prices slow too much they might fall over.
Topics: banking, housing-industry, consumer-finance, australia
Posted
| UpdatedThe embattled chief executive of Seven West Media, Tim Worner, remains defiant about the fallout from his affair with employee Amber Harrison, while delivering a 91 per cent fall in half-year profit.
Topics: business-economics-and-finance, wa
Posted
| UpdatedThe leaking of documents on Twitter prompts Seven West Media's Jeff Kennett to engage in Twitter battle.
Topics: media, business-economics-and-finance, australia
Posted
| UpdatedBankwest confirms that property investors are no longer able to include the tax benefits of negative gearing when applying for a home loan from the institution.
Topics: consumer-finance, banking, housing-industry, australia
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| UpdatedAustralia's major banks are sharpening up incentives to business to win a greater slice of lucrative default superannuation schemes, according to research out today.
Topics: business-economics-and-finance, industry, banking, superannuation, australia
Posted
| UpdatedRupert Murdoch's News Corporation posts a second quarter loss citing impairments in its Australian newspaper business as a key factor.
Topics: business-economics-and-finance, company-news, media, markets, stockmarket, multinationals, united-states, australia
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| 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
| UpdatedA global report finds billions of dollars are wasted on infrastructure projects because of bad planning, bureaucracy and the failure to retain good staff.
Topics: building-and-construction, economic-trends, industrial-relations, management, australia, united-states
Posted
| UpdatedAs Donald Trump's protectionist policies continue to ratchet up global nerves, the Australian Government is being urged to seek trade deals that don't rely on the US.
Topics: business-economics-and-finance, economic-trends, globalisation---economy, trade, markets, australia, united-states
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| UpdatedDonald Trump's executive order to investigate rolling back additional post-financial crisis banking regulation has markets and analysts eyeing the prospect of bigger bank profits.
Topics: banking, regulation, donald-trump, government-and-politics, united-states
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| UpdatedThe Australian Chamber of Commerce and Industry recommends the family home or a principal place of residence be included in the assets test for the aged pension, amid calls for the Federal Government to implement spending cuts for long-term budget sustainability.
Topics: business-economics-and-finance, community-and-society, superannuation, aged-care, australia
Posted
| UpdatedGlobal technology giant Cisco joins other US companies in expressing serious concerns about Donald Trump's immigration ban, adding to criticism from the likes of Google, Apple, and Microsoft.
Topics: business-economics-and-finance, consumer-finance, economic-trends, government-and-politics, donald-trump, australia, united-states
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| UpdatedAustralia's Future Fund warns of "elevated risks" from "geopolitical factors", including Donald Trump's presidency, as it reports a return of almost 8 per cent over the past year.
Topics: markets, superannuation, federal-government, australia
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| UpdatedUnpaid customer bills are costing the economy $76 billion and crippling small businesses, according to a new report.
Topics: small-business, australia
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| UpdatedA Fair Work Ombudsman audit of 34 Pizza Hut franchisees finds the majority are failing to comply with workplace laws, with many drivers not being paid the correct minimum hourly rate.
Topics: business-economics-and-finance, small-business, rights, australia
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| UpdatedSome Australian workers on the brink of retirement are being short-changed on their employer superannuation entitlements and might be forced onto the age pension, according to research out today.
Topics: superannuation, business-economics-and-finance, company-news, consumer-finance, consumer-protection, australia
Posted
| UpdatedReserve Bank board member Heather Ridout says the Trans-Pacific Partnership cannot be salvaged and the Government needs to move on to other regional trade deals.
Topics: trade, economic-trends, australia
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The devastating human cost of the Samarco dam disaster in Brazil will not be quickly resolved, despite the prospect of BHP Billiton and Vale settling a multi-billion dollar civil claim, according to a special United Nations adviser.
Topics: company-news, mining-industry, regulation, multinationals, fraud-and-corporate-crime, brazil, australia
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| UpdatedDonald Trump once again demonstrates how a few words can move markets after warning the US dollar is "too strong" and "killing" American companies.
Topics: currency, markets, economic-trends, united-states, united-kingdom
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| 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
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| UpdatedInterest rates on investor loans are already rising, as are a range of fixed-term rates, and banks are now eyeing whether to put up variable rates across all home loans.
Topics: money-and-monetary-policy, banking, housing-industry, economic-trends, australia
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Australia's once influential business lobby is now "completely outgunned" by trade unions and left-of-centre think tanks who are more willing to fight for their policies, the Menzies Research Centre says.
Topics: business-economics-and-finance, activism-and-lobbying, government-and-politics, australia
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| UpdatedAbout a third of Australian workers are being ripped off by rogue employers who are holding back some or all of their superannuation entitlements, a new report says, suggesting the average worker was short-changed almost $1,500 in 2013-14.
Topics: business-economics-and-finance, superannuation, government-and-politics, community-and-society, work, australia
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Growing uncertainty over the direction of the Federal Government is continuing to damage consumer and business confidence, according to a key survey of company directors.
Topics: economic-trends, small-business, business-economics-and-finance, australia
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| UpdatedAustralians should brace for official interest rate rises by the end of next year to cool the hot real estate market, according to the OECD.
Topics: economic-trends, money-and-monetary-policy, australia