Victoria, NSW penalised for outlawing fracking under Grants Commission plan

States that fail to permit coal seam gas mining would be penalised under Grants Commission proposal to change the method of distributing goods and services tax revenue.

Best odds in years. It's raining (vacant) jobs

It's easier to find a job than it has been in years and the odds are best in NSW.

'Excessive pressure': RBA says too much is expected from the RBA

The Reserve Bank is being asked to do far too much, its deputy governor Guy Debelle has told a conference in London. From the time it was granted independence in the mid-1990s, it came to be seen as "the only game in town" for economic management, a view that was reinforced as it was forced it to do more and more.

RBA governor Philip Lowe signals the end of the road for interest rate cuts

Reserve Bank Governor Philip Lowe has handed over the baton of economic management, declaring there's not much more low interest rates can do to boost the economy.

ID numbers for directors as government cracks down on phoenix companies

• EXCLUSIVE

Each Australian company director will be assigned a unique ID number under tough new laws designed to prevent them deliberately scuttling their companies and then reappearing phoenix-like, debt-free.

Better days ahead? We're spending more without earning more

Australia's economy expanded by 0.8 per cent in the June quarter and grew 1.8 per cent over the 12 months to June, official figures show.

The economy is picking up, and wages are about to climb: RBA governor Philip Lowe

Wages are about to stir, says Reserve Bank governor Philip Lowe

RBA keeps rates at record low amid signs economy's picking up

• UPDATED

The Reserve Bank board has kept its cash rate on hold at a record low of 1.5 per cent for the 13th consecutive month, amid a host of signs that the economy is picking up.

Rates to rise but 'some time away': RBA

RBA governor Philip Lowe has identified low wage growth as one of the key risks to the Australian economy

When it comes to electricity, the joke's on us

• COMMENT

Most of us would need hundred of dollars per year to change electricity suppliers.