Sydney is the crucible for a key economic theory
Can low unemployment lead to wages growth? Sydney is the test case.
Can low unemployment lead to wages growth? Sydney is the test case.
Australia has achieved its ninth straight month of job gains, with 14,000 new jobs added to the economy in June.
Interest rate are going to rise, says Prime Minister Malcolm Turnbull.
Companies fretting over talk of interest-rate hikes could be feeling like they've just had one -- thanks to a spiralling currency. The Aussie's ascent could start to hamper the country's transition away from a mining-boom-dependent economy.
The markets were roiled by the RBA minutes, but they really shouldn't have been.
The RBA board's minutes showed the strongest sign yet that the next rate move will be up.
China's economy grew faster than expected in the second quarter as industrial output and consumption picked up and investment remained strong, though analysts expect slower growth over the rest of the year as policymakers seek to reduce financial risk.
Last week saw the launch of "MAGAnomics" - a new attempt to put the economy at the forefront of the American presidency.
US Federal Reserve plans for gradual interest-rate increases hinge on inflation rising to its 2 per cent target, but it's not showing up and they don't know why.
Migrants are like a fresh inflow of water into a stagnant tributary.
One thing you can be sure of is that international trade grows much faster than the world economy. Except that it seems to have stopped.
First home buyers were meant to be waiting until July 1 to jump back into the market, but NAB's latest survey paints a different picture.
The Reserve Bank governor says workers should ask for pay rises. Here are three charts to get you started.
Australian companies and consumers are divided as never before over their judgment of the nation's economy.
Some of the big economies with negative outlooks on their ratings include Brexit-bound Britain and still triple-A Australia.
In various city towers, bureaucrats are pondering to whom and when they should gift hundreds of millions of dollars, perhaps even billions, by the stroke of a rezoning pen.
Tough new regulations are pushing investors out of the housing market and allowing first-home buyers to creep back in, figures show.
It's rarely discussed but is being increasingly used by the RBA when making interest rates decisions.
So, you've given up the dream of home ownership – for the moment, at least.
Melbourne led the way in property price growth over the past week, while Sydney also saw a rise, according to the latest CoreLogic property data.
One of the legacies of the Abbott era could cost Australia $500 billion over the next decade.
Treasury will continue to flounder and its influence wane until it switches its goal from smaller government to more effective government.
Park Orchards has a median weekly household income of $2660, which is $250 more than that of half of Toorak's households.
New research is aiming to show the economic impact of Australia's creative industries, and the hot spots for jobs in that sector.
There are no hills in Tea Gardens, barely a single two-storey house and only 67 babies.
Australia is set to become the world's largest exporter of gas but its level of resource tax transparency falls behind Burkina Faso, Cameroon and Mongolia, a new global report has found, as the country forfeits billions of dollars in tax to multinational mining giants.
A team of researchers in the United States might have cracked one of the biggest mysteries in economics.
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.
Who you're married to matters.
Risks abound as upmarket restaurants make the move to mass market through online-ordering apps and home delivery.
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