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Freaky Friday sinks ASX

A largely positive week was undercut by a surprise broad-based sell-off on Friday as investors position themselves ahead of local earnings season next week.

Bob Hawke, left, and Paul Keating championed many reforms of the Australian economy.

Why a small rate rise will really hurt

1 hr ago

A 2 percentage point rise would have the same impact as 1980s-style 17 per cent rates.

The best three small caps for income

Small cap stocks are not usually known for their ability to pay a dividend. But here are three that do.

A move in the cash rate to 2.5 per cent from 1.5 per cent over 2018 and 2019) "would sink household consumption growth".

'New neutral' is one rate hike away

A move in the cash rate to 2.5 per cent over 2018-19 would sink household consumption growth to "somewhere between a mid-cycle slowdown and a genuine recession".