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The Economy

Aldi Australia CEO Tom Daunt wants to be more transparent about the retailer's tax position.

Disclosure on way as Aldi signs up to tax code

ALDI Australia has signed up to the federal government's voluntary Tax Transparency Code, which will require the retail giant to give taxpayers some level of disclosure about its highly secretive tax affairs.

All the deterioration in June's consumer sentiment came from female respondents, while males and those aged 18 to 24 ...

Consumer pessimism takes hold as women grow weary

A measure of Australian consumer sentiment fell for a third straight month as disappointing news clouded the outlook for the economy, a survey showed on Wednesday. Interestingly, all the deterioration in June came from female respondents,

The RBA's word count.

RBA chief Philip Lowe proves he's chatty not nutty

When Philip Lowe, in his first statement as Reserve Bank governor, said the bank wasn't full of "inflation nutters," he added some rare colour to the often dry world of central bank speak. Nine months on, he has continued to show he's a good talker.

The Australian dollar remains stubbornly high.

The RBA theory that isn't working

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.

Treasurer Scott Morrison is expected to address the latest figures on Wednesday morning.

Australia breaks GDP record

Australia has broken the record for the longest run of uninterrupted growth in the developed world, figures released by the Australian Bureau of Statistics have revealed.

AdCorp has placed federal government recruitment ads since 2009.

Job ads rise for third straight month

Job advertisements rose for a third straight month in May, a promising sign for continued labour demand even as official figures on employment remain patchy.

Stubbornly low wages are a broader problem.

When profits eat wages we all pay the price

It's too early to be sure, but not too early to suspect that, if we and the other developed economies keep travelling the way we are, conventional wisdom about what constitutes good economic policy may soon need to be turned on its head.

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