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$A eyes US80c as economic data surprises
The Australian dollar has jumped towards US 80 cents on Wednesday after building approvals and construction data were better than forecast.
The Australian dollar has jumped towards US 80 cents on Wednesday after building approvals and construction data were better than forecast.
Housing affordability is likely to be an issue for at least 40 years, with the demand for new homes needing bold policy, a major new report says.
The team at ABC's Four Corners assembled a thrilling package about the Australian property boom last Monday.
Britain will urge the European Union on Monday to show "imagination" in Brexit talks and help focus discussion on future ties rather than on a divorce settlement.
By broadly defending the financial rules put in place in the past decade, the Fed chair distanced herself from the anti-regulatory rhetoric of the man who will decide whether to replace her.
I'm starting to suspect the federal government – of whatever colour – has lost its ability to control its own spending.
Have a break. With the help of some of your best bureaucrats, I've got it from here.
If we're to believe what we're told, Australia's apprenticeship system is in crisis, with plunging numbers following cuts in government support.
House prices rose across most capitals in the past week and the number of auctions resulting in a sale continued to climb.
The Google memo was "deeply biased" says EY's Uschi Schreiber but there's more systemic issues on gender inequality.
There is still good reason to expect wages growth will pick up.
New data suggests landlords favour Airbnb-type rentals over long-term tenants, but the home-sharing website's impact on housing affordability remains contentious.
The dual citizenship chaos engulfing the government risks damaging how Australia is viewed by foreign investors and could threaten much-needed business investment, corporate leaders have warned.
Taxpayers are set to gain billions of dollars in revenue over the coming decade after multinational oil giant Chevron abandoned an appeal against the federal government over the way it structures its tax.
So, the Australian Bureau of Statistics told us this week, the rate of unemployment fell a click to 5.6 per cent in July. Trouble is, most people know the official unemployment rate understates the extent of the problem.
The average number of workers being employed every six months has had its strongest run in seven years.
Cities aren't simple things. When The Age decided to rank Melbourne's suburbs, it quickly became apparent how complex and subjective it was to compare even one street from another.
The wages of working Australians are going nowhere, new figures show, stalling at a record low while the earnings of more than 10 million private sector employees hover around the cost of living.
Melbourne has once again topped The Economist's liveability rankings, but as the city enjoys its seventh consecutive year at the top, planning experts questioned the index's relevance.
Sydney has slipped in an international assessment of liveability, ranking behind other Australian capitals Melbourne, Adelaide and Perth.
Climbing property prices and a growing demand to rent in NSW have boosted approvals for units, townhouses and semis, despite a slowing trend nationally.
In its submission to the Turnbull government's Black Economy Taskforce, KPMG suggests another tax amnesty, this time for employers who've been paying workers in cash.
The Reserve Bank has warned construction activity could begin to decline as the number of residential building approvals falls from its peak in 2016.
Australia's top 200 companies are not "Asia ready", research finds.
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.
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.
Doubts about the ATO's IT systems, and commitment to working with and valuing the tax profession continue.
Reserve Bank governor Philip Lowe could oversee two years of stability in the cash rate, BT Investment Management's Vimal Gor says.
The federal government's Tax Avoidance Taskforce will be given additional intelligence to hunt down US-based multinationals after America this week formally agreed to share detailed information about companies with Australian authorities.
Edgecliff is ground zero for Sydney's smashed avocado craze, while Summer Hill is the dividing line for availability.
The trend is allowing giant malls to rip the character from suburbs.
A $5 million threshold makes much more sense.
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