GDP boost set to last, say economists, as RBA kept at bay
Economists have hailed the economy's "shift in momentum," and declared that Australia "has its mojo back" after a 1.1 per cent bounceback from its second-worst result in 25 years.
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Eryk Bagshaw
Eryk Bagshaw is a Federal Political Reporter, covering economics for Fairfax Media based in Parliament House, Canberra. He was previously The Sydney Morning Herald's Education Reporter.
Australian economy grows by 1.1 per cent, beating expectations
Australia has avoided a second consecutive quarter of negative economic growth, rising by 1.1 per cent in the December quarter and beating market expectations.
Cut the company tax rate, says Treasury boss John Fraser
Treasury boss John Fraser has implored Parliament to consider cutting the company tax rate, saying it would be "critical" to respond to international competition.
Current deficit account narrows sharply
The strong result means Australia is likely to technically avoid a recession.
Company profits surge to record highs as worker wages go backwards
Company profits have surged to record highs at the same time wages suffered their sharpest decline in eight years.
'Potentially catastrophic' flaws of a $44 billion industry
"A simple alteration could deny a claimant millions of dollars and save the company in the process"
RBA chief predicts Trump could boost economy
Reserve Bank governor Philip Lowe has implored Prime Minister Malcolm Turnbull to borrow more to spend on infrastructure.
'Spend money on education or build more jails'
The economy will be $72 billion worse off if one key education outcome isn't improved, says new report.
Optus customers urge telco to put Arabic signs back up
Optus customers have urged the company to put its Arabic signs back up in the face of racist tirades on social media.
Only half of students IT savvy
Australia is facing a crisis of computer literacy after the latest national IT tests showed a 10 per cent drop in results among school students, with NSW students among the worst performers.
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