Business

The Economy

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.

Roughly half of us haven't switched electricity suppliers in the past five years, and a good many have never switched.

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.

Perth's house prices are slowly recovering.

Five myths about the housing market busted

In this week's episode of the Fairfax Media podcast "It All Adds Up", the team, Jessica Irvine, Matt Wade and Ross Gittins, respond to listener questions and bust these five myths about Australia's housing market.

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