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Living standards up not down: expert

In the bond market the interest rate neutral, or passive position, can only be obtained through floating-rate instruments.

What if living standards, real wages and productivity are actually improving? Why the official data doesn't tell the real story.

Jobless rate falls in April

If Donald Trump can't get his growth policies up and running Wall Street will fall further

Market fears a naked Emperor Trump

Investors are woried that, just like the well known emperor, it might pan out that Donald Trump has got no clothes.

Prime Minister Malcolm Turnbull has shifted to the centre.

Brawl over infrastructure erupts

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Tensions between Canberra and the States have erupted over Malcolm Turnbull's infrastructure spending spree, amid complaints they have been short-changed.

Olivia Mead, 19, was awarded $25 million.

Court hears appeal on Olivia Mead's $25m

Lawyers for billionaire Michael Wright's estate have strongly argued the $25m award to his "secret daughter" Olivia Mead was far too extravagant.

Celebrity accountant Anthony Bell has successfully defended an AVO bid from his estranged wife.

AVO against Anthony Bell thrown out

An AVO order against celebrity accountant Anthony Bell has been dismissed, despite court finding him breaking through a door to his estranged wife was intimidating.