OECD rings alarm on housing 'rout'
Australia's vulnerability to a house price collapse morphing into a recession has sharpened, says the OECD
Jacob writes on News specialising in Policy, Monetary Policy, Employment. Jacob covers economics from our Canberra newsroom.
Australia's vulnerability to a house price collapse morphing into a recession has sharpened, says the OECD
Misplaced recession warnings have been quashed after households shrugged off low wages growth and prospects of rising interest rates to spend up big..
Treasurer Scott Morrison hailed the 1.1 per cent rebound in economic growth in the December quarter but warned the budget could not be based on "the volatility of commodity prices".
Don't repeat the Howard government's mistake on resources windfall, says Treasury Secretary John Fraser
Malcolm Turnbull has seized on the arrest of a 42-year-old man in rural New South Wales on terrorism offences to warn that Islamist extremism is not limited to the big cities.
Australia looks set to generate its first current account surplus since the mid-1970s.
Australia posted its smallest current account deficit since 2001 as exports surged to a record last quarter, boosting national income and sp...
A blockbuster $13 billion surge in business profits last quarter has stoked speculation of a turnaround in economic growth
Stop looking for excuses and double down on building the assets that would make the economy more productive.
You don't fix housing affordability by adding to demand, says Reserve Bank governor Philip Lowe as he all but rules out further rate cuts.
Reserve Bank of Australia governor Philip Lowe said lowering of the corporate tax rate just changes the location of the investment" without ...
Spending by companies on new buildings, equipment and machinery fell for a fourth straight quarter, extending a four-year investment strike.
Australia Post chief executive Ahmed Fahour has quit his $5.6 million job saying "my job is done".
Philip Lowe has suggested companies have it in their power to help revitalise economic growth.
RBA governor Philip Lowe says lower interest rates would encourage people to borrow more and "probably would put more upward pressure on hou...
The RBA has said that inflation could accelerate more rapidly than expected if workers succeed in winning oversized wage hikes.
NAB and Westpac said their credit card rates are always under review after ANZ broke ranks and cut interest rates on two of its cards by up ...
The move towards renting for longer and buying later wasn't "invented" by the current crop of 25 to 34-year olds.
The labour market continues to hold ground, raising hopes Australia will join a global economic rebound in 2017.
The European Union has a message for Australia, just hours after the continent's parliament signed a comprehensive trade deal with Canada - ...
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