Property prices forecast to fall then stagnate
Rising interest rates and housing supply are likely to push Australian home prices lower in 2018.
Rising interest rates and housing supply are likely to push Australian home prices lower in 2018.
Akhilesh Mehta flops into his bus seat and readies himself for the hour-and-a-half commute from his job in central Sydney to his home on the city's outskirts.
Caught between overheating property markets and signs of a moderating economy, the RBA will be praying for a solid jobs number this week.
The former boss of Australia's spy agencies has been appointed to head up the federal government's watchdog on foreign investments.
Our foreign debt will grow and it already exceeds $1 trillion deficit. But that's not necessarily bad.
The balance sheets of Australian households with a mortgage are dangerously exposed to any fall in house prices.
As regulators crack down on lending, chances are the rest of the country will pay for the excesses of easy money and federal politics in Sydney and Melbourne.
Government to take stab at reducing annual $22 billion in 'overclaimed' tax deductions for work expenses.
Australia's success in evading the global recession is coming back to haunt it, with a delayed fallout manifesting itself now in the steady climb in underemployment.
The tax office is chasing seven companies for $2.9b, but if history's any guide, it will only get half that amount.
Dozens of multinationals have not signed up to federal government's tax transparency code.
Just 28 per cent of Australian millennials own a home, only marginally higher than their peers in the United Arab Emirates, a survey has found.
Reserve Bank governor Philip Lowe intervenes in the debate over tax and home prices before the May budget.
Black economy is hard to tackle because Australians see cash-only payments as 'almost a national sport'.
The Reserve Bank has held the cash rate steady amid growing pressure to lift rates to contain soaring home prices.
Two people, three jobs and a dream getting harder and harder to reach.
A major business lobby has taken aim at popular tax breaks for housing that are claimed by many of its members.
It says plenty about the state of Australian politics that so much policy is viewed through the lens of Sydney and Melbourne housing affordability, writes Michael Pascoe.
House values surged another 1.4 per cent across Australia in March, pushing annual price growth to 19 per cent in Sydney and 16 per cent in Melbourne, new data shows.
Only the government has a weapon large enough to stop the housing juggernaut.
Companies with females on their boards have have achieved higher revenue growth, profitability and shareholder returns than those without, a new report by accounting firm KPMG shows.
When President Donald Trump berated Prime Minister Malcolm Turnbull two months ago over 1,250 refugees the US agreed to accept from Australia, the phone conversation was perceived ominously: A decades-old alliance that was already strained by Australia's economic reliance on China was now being put under greater stress.
If I was on the minimum wage, however, I wouldn't start spending the increase yet.
Australia is close to seizing the crown for the longest streak of economic growth in the world thanks to a mixture of policy guile and outrageous fortune. But it's creaking under the weight of its own success.
The truth is that we are all going to have to pay more out of our own pockets for our health.
Households saw their wealth balloon to a record $11.7 trillion last quarter as cash holdings topped a trillion dollars for the first time ever.
Job vacancies have risen for a third straight quarter to hit the highest since May 2011, data showed on Thursday, a promising omen for a much-needed pick-up in labour demand.
Woolworths chairman Gordon Cairns is among a number of ASX 200 leaders who have thrown their support behind quotas.
Last year, two leading economists described a future in which humans come out ahead. But now they've declared a different winner: the robots.
The law aims to recoup revenue from some of the nation's biggest companies including Apple, BHP Billiton, Chevron and Crown.
Six years ago Ian and Leanne Neeland had a block of land in the Yarra Valley they couldn't build on and a Willy Wonka-like vision of a chocolate factory.
No one is that important. No one is that necessary.
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