Business

Latest Business News

A measure of underlying inflation pressures declined in April for the third month in a row.

Too soon for September bets

While a rate hike in the US next month is all but assured, investors are wary of making bets about a September one too.

</p>

Markets Live: Banks push ASX higher

Shares eke out some gains, thanks to a small boost from better than expected Chinese data, but the ASX remains on track for an awful monthly performance.

Another budget black hole? Australia's carbon policy is in dire need of attention.

Man up, Malcolm, fill the budget's other big black hole

The obvious major missing ingredient in Scott Morrison's 'backflip' budget was the lack of actual tax reform - but there is another glaring black hole. Turnbull's leadership remains weak as long as he's unable to convince his backbenchers that it's OK to come out from under the lump of coal now, that we can move on from Abbott's whatever-it-takes.

</p>

Rich people don't want Ivanka Trump's fashion

After losing her most glamorous retail partners amid the controversies and boycotts that have marked her father's move into the White House, Ivanka Trump has gone downmarket. At its heart, Ivanka Trump is now a celebrity brand, not a designer fashion house. It's the messy discount rack, not the gleaming glass jewellery case.

New Zealand home owners have built up record amounts of debt in recent years as house prices soared, which may leave ...

RBNZ sees diminishing risks

New Zealand's central bank said risks to the nation's financial system have receded after house-price inflation slowed.

Investors are playing it safe.

8@eight: Bleak May coming to an end

For some the idea of turning the page and closing what has been a fairly bleak month to be long the Aussie equity market will be welcomed. That being said, being long certain industrial and telco names has seen strong outperformance in the portfolio.

Altair Asset Management chairman and chief investment officer Philip Parker has returned cash to investors, citing the ...

Impending property 'calamity' an 'over-reaction'

Senior property industry executives dismiss fund manager Altair Asset Management's surprise liquidation of its entire Australian share funds because of an impending property market "calamity" as an "over-reaction."

Tax commissioner Chris Jordan: "The systems did work, no access was gained. It was a tax crime covert operation on our ...

Man who audits the tax office may review ATO

Tax commissioner Chris Jordan has announced an internal review of the Tax Office's policies and procedures following news that one of its highest ranking officers, Michael Cranston, allegedly abused his position as a public official.