Bumper crop gives Graincorp a fillip, letting it double its dividend
A bumper grains crop and optimism of another good year ahead helped push GrainCorp shares sharply higher
A bumper grains crop and optimism of another good year ahead helped push GrainCorp shares sharply higher
One of Queensland's leading economists outlines the potential impact of the president's protectionist policies on Australia's economy – and it could spell disaster for the country.
The wages growth needed to deliver the federal budget prediction of a return to surplus is unlikely to materialise, employment law experts and economists have warned.
The GDP forecasts in the federal budget rest on the spending of Australia's increasingly cash-strapped households.
Middle-income Australians to bear brunt of budget's failure on income tax rates and thresholds.
The government's measures are just the beginning of a long fight to claw back revenue.
If same-sex couples can't persuade politicians to let them marry, maybe their money will.
There is no sign of respite for the nation's struggling retailers, particularly department stores, as shoppers refuse to spend in the face on an uncertain economy.
The Reserve Bank of Australia thinks the economy is on track for solid growth, but the central bank's optimism has been met with a note of caution from some economists.
Equity investors across the world are positioned for the nirvana of synchronised and accelerating global expansion led by China and the US.
It is not banks turbo-charged by property lending that are the key risk to the economy from any fall in house prices or rising interest rates, rather it is what might happen to consumer spending that worries the Reserve Bank of Australia.
A growing population will not be enough to stave off a fall of up to 7 per cent in house prices over the next 18 months warns investment bank Citi.
Claudio Borio's work with Philip Lowe 15 years ago may tell us whether the RBA governor will ultimately hike rates to tame a housing bubble.
Infrastructure spending, payroll tax reform and funding to reskill retrenched manufacturing workers are among jobs measures in the Victorian budget.
A recent multi-million dollar tax ruling against oil giant Chevron, if allowed to stand, would have ripple effects across the globe.
"This is a clear indication that rate hikes are a distant prospect," JP Morgan analyst Sally Auld said.
Australian company directors are more positive than they've been in six years, but remain worried about inaction on housing affordability and tax reform ahead of the May federal budget.
The big question raised by last month's slowdown in Sydney and Melbourne's housing markets is whether this is a blip on the radar.
If the Reserve Bank was still retaining its narrow focus on keeping inflation between 2 and 3 per cent per annum, it would be cutting interest rates at its May meeting on Tuesday.
Millions of dollars pledged to some of Victoria's most financially stricken taxi licence owners looks set to be clawed back by the tax office, after it ruled the hardship payments are taxable income.
Friday's weaker-than-expected US GDP figure has firmed forecasts that the US Federal Reserve will not lift interest rates at its May meeting on Thursday morning.
Economists are generally skeptical that growth will reach Trump's goal of 3 to 4 per cent on a sustained basis.
The Treasurer, Scott Morrison, strayed into some rather silly territory this week in a speech seeking to lay down a new set of markers for the budget, divvying up government debt into "good" and "bad" debt.
Sydney house prices are set to suffer their first fall in 18 months, new figures show, in the wake of of strong action from regulators designed to curb the growth in investor loans.
Google Australia has confirmed for the first time ever that it has been hit with an amended tax bill by the ATO following audits of its affairs and that "the company will lodge an objection".
Technology giants are restructuring their tax affairs and for the first time ever counting local advertising revenue.
One of the great mismatches is how little property developers are accused of giving to politicians from time to time and the massive amounts politicians gift to the developers – some $11 billion a year, according to a new book by two Queensland economists.
Leading economists have expressed unease about a budget reporting change.
Tax Commissioner Chris Jordan will get another seven years at the head of the Australian Taxation Office, with the agency looking to hit more multinationals with tax bills amounting to $4 billion.
The study used 18 indicators to rank business innovation in districts across the city.
There's a widespread disconnect between what a customer is feeling and what a manager is thinking.
A popular tax write-off scheme for small businesses will be extended for another year in a significant win from the Budget for the sector.
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