Strong Sydney can't carry the country forever
Sydney is making Australia look good.
Sydney is making Australia look good.
China has reacted to a badly timed credit downgrade by Standard & Poor's, saying the decision was "wrong" and accusing the ratings agency of "misreading" the economy.
More than 130,000 Australians found work in the sector in the last year and more than 500,000 in the past decade, double the next fastest employment growing industries of construction and professional services.
Australia's moves to hit hitting foreign buyers with more taxes are part of a growing global trend.
A celebration of Rod Laver's tennis career looks like being a hit with business heavyweights and a boost to Prague.
Reserve Bank Governor Philip Lowe has handed over the baton of economic management, declaring there's not much more low interest rates can do to boost the economy.
This tightening sequence makes no sense. It leaves the Fed with less of a safety buffer, and more vulnerable to an external shock.
The Australian economy has reached a turning point, the Reserve Bank's assistant governor says, as the OECD lifts its forecast for global growth thanks to a co-ordinated economic recovery.
BHP is willing to head to court to fight the Australian Taxation Office on a more than $1 billion tax bill over its Singapore marketing hub that's growing by the day.
The latest press conference on free trade deal negotiations between Australia and Indonesia felt a lot like Groundhog Day.
The RBA has warned Australian workers to expect stubbornly low wage growth "for some time".
Australians' average weekly household income grew by $213 between 2004 and 2008. Since then, it's increased by a total of just $27.
You might be what you eat, but the nation is what it drives: more value conscious, less pose oriented. Welcome to the Korean/German marque index.
iPhones sold in Australia have been getting dearer over the past few years compared with other countries, CommSec's iPhone index shows.
Who says having debt three times your income is "over-indebted"?
Nobel-prize winning economist Joseph Stiglitz on how to stop inequality and tax avoidance
Employment climbed more than twice as much as estimated in August, led by full-time jobs and underscoring a healing labour market.
The Turnbull government is being urged to move swiftly to implement stronger protections for whistleblowers after a parliamentary inquiry suggested bounty-style rewards.
Australia would benefit from cutting personal income tax and addressing high levels of income and wealth inequality, an OECD report shows.
I have a "liar loan" – a mortgage based on less than absolutely factual information. I've pretty much always had liar loans. And I recently obtained a "liar credit card". So what?
The typical over-indebted household in Sydney is carrying $765,400 in property loans.
The Turnbull government should set up a new body to oversee whistleblowing allegations against big corporates, protect whistleblowers against reprisals, and offer them bounty-style financial rewards for coming forward, according to a federal inquiry.
Reserve Bank of Australia board member Ian Harper said economic growth isn't strong enough to justify an interest-rate increase and policy makers can do little but look on as the Aussie dollar appreciates.
Australia is more equal than it was a decade ago, but one in six Australians still can't afford a night out once a fortnight and one in 10 can only afford second hand clothes.
Consumer sentiment bounced modestly in September as worries over family finances warred with growing optimism about the economic outlook.
The economy is important for the sharemarket, but the Reserve Bank has a greater influence.
A measure of business conditions climbed to its highest level since early 2008 last month, with a marked improvement in employment intentions burnishing the outlook for further jobs growth.
Each Australian company director will be assigned a unique ID number under tough new laws designed to prevent them deliberately scuttling their companies and then reappearing phoenix-like, debt-free.
Those who get loans from their parents to buy their first property are almost twice as likely to later encounter financial stress, ask for help from friends and struggle to pay their energy bills.
Accountants want the ATO to clearly define which businesses will be eligible for company tax cuts.
Victoria's dream ski season is giving business a bump along.
The start-up plans to become a full-service travel-booking company.
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