Australia has revised down the value of its resources and energy export earnings in the financial year ended June by 4.6 percent, or nearly $10 billion, due largely to falling prices for iron ore, its most valuable export.
In truth, economics has much to teach us about the pursuit of "utility" or happiness.
Soaring home prices in Australia's biggest cities are driven by strong demand and a lack of supply, rather than being a sign of a "bubble," according to HSBC Holdings local chief economist Paul Bloxham.
Australia's return to budget surplus will be built on the back of a 14 per cent increase in the income tax take.
The Reserve Bank has disappointed commentators hoping for a hawkish stance by keeping rates steady.
The Reserve Bank has kept its cash rate on hold at 1.5 per cent.
It's a pretty simple concept that some of corporate Australia is yet to grasp: companies that set and measure gender diversity targets are more gender diverse.
A key leading indicator of Australian economic activity showed the economy growing strongly in the second-quarter.
Sydney and Melbourne property prices rebounded in June after a pullback the month before.
Individuals and small business taxpayers are still encountering ATO officials who take an "unnecessary, belligerent stance" when it comes to resolving disputes, one of Australia's largest accounting bodies says.
Last Monday, an article appeared on the Lowy Institute's "Interpreter" blog under the relatively benign headline: "Rising interest rates and the RBA".
Mining millions, but weak growth. No wonder our panel failed to predict 2016-17.
Australia faces a "small but non-zero" chance of a recession in the next two years according to the BusinessDay expert forecasting panel.
One year on, and the mood about Trump has changed.
Australia is more likely to face an interest rate cut than an increase in the year ahead, a survey of 25 economists by Fairfax Media has revealed, as low wage growth, a high Australian dollar and a cooling housing market push the Reserve Bank towards a new record low cash rate.
It'll be a year of making do, with the economy too flat to justify a rate rise, in the view of the BusinessDay forecasting panel.
Three decades ago, Treasurer Paul Keating, warned Australia may become a “banana republic”. Today we are far from it.
There's no shortage of housing forecasts but none quite like this one: rather than the key markets cooling, they are about to be hit by a demographic tsunami.
One-third of drivers involved with ride-sharing services such as Uber are yet to register for GST or to fully declare their income.
This week we take a deep dive into the national education debate to reveal what really needs to be done to improve our schools and universities.
Some of the census questions are next to useless.
Private sector job vacancies rose 1.5 per cent to 170,500, and public sector vacancies rose 3.2 per cent to 18,700.
Higher-than-expected tax deductions relating to cars, travel, clothing, internet and mobile phones, and self-education expenses are among the top claims the tax man will be keeping a close eye on this tax time.
Nothing like a former Reserve Bank board member saying the RBA could hike interest rate eight times in the next couple of years to get attention.
The Reserve Bank could increase interest rates eight times in the next two years, former board member John Edwards said.
The Australian Taxation Office's high-profile area targeting high-wealth individuals that former deputy commissioner Michael Cranston headed will be a key focus in a wide-ranging review of the agency.
The 2016 census reveals what's going on behind the curtains of Australia's 10 million homes.
Eva Zhuang is the face of a fast-changing Australia.
Families incomes in inner Sydney are nearly $40,000 a year higher than the rest of the city.
Australians born of Australian parents will soon be a minority.
LDrivo wants to connect learner drivers and driving instructors.
Small business owners are just getting on with the job.
Save articles for later.
Subscribe for unlimited access to news. Login to save articles.
Return to the homepage by clicking on the site logo.