Underemployment the key to next rate move
RBA minutes show board members are concerned they may have to cut rates if more Australians aren't able to get the jobs they want.
RBA minutes show board members are concerned they may have to cut rates if more Australians aren't able to get the jobs they want.
Consumer confidence has tumbled following the federal budget to its lowest level in nearly two years.
Repairing the damage of the Abbott Total Opposition years, will take time. But the budget is a big and quite calculated start.
The ATO has released new transfer pricing guidance as it chases hundreds of millions of dollars in tax bills from companies using dubious tax schemes.
Home loans to investors have fallen to the lowest level in 10 months.
Sydney has won a global bid to host the 'Davos of women' after it was backed by leading business and political leaders.
Mother's Day is a time to reflect on the unpaid contribution of mothers and grandmothers to families and communities.
Labor would require ATO to reveal details of companies the Tax Office cuts deals with as part of plan to recoup $5.4 billion from multinationals.
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.
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 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.
Online florist Ready Flowers collapsed into liquidation last month but has reappeared as ZFlowers.
Post budget pressure continues on the big four banks.
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.