Business

The Economy

Ross Garnaut warned in 2013 in his book, <i>Dog Days</i>, more was needed to restore price competitiveness of our export ...

Wage growth will strengthen, and soon

There's been a sound economic justification – the need to restore our industries' international price competitiveness - for our weak wage growth over the past three or four years.

There is a much talked about threat of robots stealing our jobs.

Is this the death of a decent day's work?

My working life began pushing a 2-stroke mower across the sprawling lawns of my suburban childhood home – a tricky business mustering enough force to pull the starter cord but, after that, a thoroughly satisfying process of methodically retracing one's steps at half-metre-spaced increments.

KKR's latest deal suggests a view that economic strength in Australia and New Zealand is stronger than many outsiders ...

Private equity giant's each-way bet on Aussie house prices

You don't buy a company with $7 billion or so of loans on the balance sheet if you think they're about to bite the dust. The deal suggests a view that Australia's economy is stronger than many outsiders recognise. But it's safe to hedge your bet.

The review examined close to 700 power bills.

The three things driving up electricity prices

Few subjects stir consumer passions like rising electricity bills. With power prices more than doubling after inflation over the past 10 years, that's hardly surprising.

Naming and shaming tax evaders and replacing $100 notes with new ones to ensure their authenticity are part of the ...

Taskforce pushes for no more cash wages

Australians would no longer be able to receive wages in cash, and industries classified as being at "high risk" of illegally taking secret cash-in-hand payments including cafes and restaurants could be subject to a minimum rate of tax, which they could then claim a refund on if they can prove to the tax man that they should be paying a lower rate.

Speculating on rates. Illustration: Glen Le Lievre

Last charge of the rate-rise brigade

Do you realise the Reserve Bank board hasn't changed Australia's official interest rate from 1.5 per cent for almost a year? But that hasn't stopped people in the financial markets from speculating furiously about whether rates are about to go down – or go up.

Small Business