APRA crackdown is good news for some lenders
The Law of Unintended Consequences does not sleep.
Michael Pascoe is a BusinessDay contributing editor. He comments on companies, markets and the economy.
The Law of Unintended Consequences does not sleep.
Ten Network Holdings isn't dead yet, but it's on life support with administrators appointed. Should an autopsy be conducted, Murdoch fingerprints and DNA will be found all over the body.
As the gap between Australian and American rates narrows, other things being equal, the Aussie dollar should weaken against the greenback. The problem is that the theory isn't working.
Here's a simple graph that tells an amazing story – the owners of Sydney's housing don't want to sell.
No names, no pack drill, but here's how to rort the 457 temporary worker visa system and whatever the government renames it.
It looks like déjà vu all over again for Scott Morrison as he fears another weak gross domestic product figure on Wednesday.
There's nothing like a prominent visiting economist spruiking imminent ruination to get plenty of media attention.
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.
Tell me again about the terrible burden of our progressive tax system, of how the wealthy pay too much tax.
When it comes to mounting a scare campaign, the big four banks' CEOs and chairmen are more Casper the Friendly Ghost than Freddy Kruger, more Pooh Bear than Chucky.
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