Pyrrhic victory for employers
Australia's economy is held back because wages are too low, not too high.
Australia's economy is held back because wages are too low, not too high.
This is interesting: the Fair Work Commission has pretty much agreed with the Productivity Commission's recommendations on penalty rates, so penalty rates should be sharply higher for everyone on shift work.
It turns out Christopher Pyne was right: Julia Gillard's version of the Gonski school funding reform was indeed "Conski".
The next generations are going to be in real trouble if we don't get on top of this housing affordability crisis.
Here's something else to worry about: the legion of cyber fraudsters and identity thieves are trying to steal your frequent flyer points – and they're succeeding.
For all the turmoil marking the first weeks of President Trump, the big boot is yet to drop. That's when the angry heartland realises the factory jobs aren't coming back, whatever Trump promised.
As Woolworths celebrated the early signs of improvement in supermarket sales attention turned to the real elephant in the aisle - the ugly loss notched up by Big W and the continued bleeding of its sales.
"Alternative facts" make it hard to develop a rational attitude about government revenue, expenditure and the future of Australia.
BHP Billiton's shareholder austerity push appears to be over and investors will be positively surprised.
A parliamentary inquiry into the $44 billion life insurance industry is likely to dredge up a range of issues.
There's a long history of politicians professing to be terribly concerned about "the cost of living" and nothing good ever comes of it. It's always about saying things to keep or win your vote and rarely about doing anything real – let alone sensible – about prices.
Fairfax has become quite adept at starting new businesses, or buying small ones then nourishing them to maturity.
There is no excuse for any employer to underpay or exploit their employees.
Never mind the politicisation of energy and carbon policy – the market and legal system is moving rapidly to instil the discipline and punishment the government isn't game to discuss.
The old joke says the questions in economics exams don't change from year to year, but the answers do. Welcome to the economics of energy and climate change, which has changed a lot without many people noticing - including Malcolm Turnbull and his climate-change denying mates.
First Super has written to four fund managers that it invests members' money in questioning the Domino's business model after the recent Fairfax investigation into the pizza giant.
Stronger investment returns helped Medibank Private defy challenging conditions and deliver a small rise in profit.
I know how Jules Verne must have felt. My recent trip to New York plus three days in Israel and two more in London was a fascinating circumnavigation but thanks to Qantas and the LLJets I did it quicker than 80 days in a balloon.
The federal Treasurer and the Finance Minister threw several years of Coalition dogma out the window and it's been reported as if it's just another day at the office.
The media were only allowed 15 minutes to ask questions of Mr Stokes and Seven boss Tim Worner about the sex scandal which has engulfed the network for months now, but it was worth the wait.
Minutes into Don Meij's investor presentation, the Domino's share price tanked 8 per cent.
Scratch beneath the surface of CBA's record profit and it is also clear that Australian banking is by no means returning to its boom days.
He's a former Olympic silver medallist in rowing, an accomplished, successful and understated man who has tasted most parts of the Wesfarmers empire.
Government at any price is the lowest common denominator of politics. The nation ends up paying for it.
​Even if you're not much of a fashionista, it's been hard to miss the firestorm that has recently engulfed the Ivanka Trump brand.
For all the signs that our economy is on the mend, two influential reports on Friday highlighted the soft underbelly of Australia's labour market.
Reserve Bank chief gently reproves Turnbull's failings.
This year should see the end of the economy's protracted 'transition' back to business as usual. You beaut.
What is the Murdoch family doing about investor frustration resulting from the fact that News Corp shares have fallen 20 per cent?
Apple was slugged with an $18b fine by the EU last year but the company will be smiling if Donald Trump's US tax plan gets off the ground.
Get to know the holy trinity of the grand touring category from Jaguar, Porsche and Mercedes.
While die-hard fans may call it sacrilegious, Scotch is a delicious dram to use in cocktails.
Forget Shark Tank, here's Dolphin Tank.
Society attitudes towards new venture creation need to change.
A free independent guide from SMH with expert information.
A free independent guide from SMH with expert information.
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