The economy is picking up, and wages are about to climb: RBA governor Philip Lowe
Wages are about to stir, says Reserve Bank governor Philip Lowe
The Economy
RBA springing into spring on capex and infrastructure
This looks to be the best economic spring in years.
RBA keeps rates at record low amid signs economy's picking up
The Reserve Bank board has kept its cash rate on hold at a record low of 1.5 per cent for the 13th consecutive month, amid a host of signs that the economy is picking up.
New report shows how much people in Brisbane are spending on their mortgages
According to the Housing Industry Association’s housing affordability index, Queenslanders spend an average of $2287 on monthly mortgage repayments.
Business doles out biggest wage rise in two years
Wages and salaries rose 1.2 per cent, or $1.6 billion, in the three months to June in a sign that businesses are finally willing to share their fortunes with workers.
Job ads rise for sixth straight month
Job advertisements rose for a sixth straight month in August, suggesting the strong pick-up in employment seen so far this year could run for a while yet.
The RBA's hands are tied on interest rates
Australia is stuck in an economic disconnect, and it's leaving the RBA with little choice but to leave rates on hold.
What it takes to pay off a mortgage on a typical Sydney home
Housing affordability in Sydney has slumped to an all-time low.
Treasury must keep a lid on the 'crazy'
Econocrats' job is to minimise the damage from lurch to populism.
Citi broadens youth unemployment scheme
Citi Australia plans to spend an extra $1.5 million on its Pathway to Progress program.
The angst about our productivity? Totally unproductive
It's time to take a step back because people who should know better won't stop going into panic mode.
Indigenous population in NSW and Victoria doubles
The number of Aboriginal Australians living in NSW and Victoria has doubled since 2001.
Three charts showing why global optimism isn't felt here
The only thing rising in August across local assets has been government bond yields as economic data underlined the divide between bullish companies and downbeat consumers.
Greedy bosses forgetting a basic rule of business
I'm not sure big bosses today understand about sharing. Don't take it all for yourself.
America's jobs engine keeps defying expectations
In an economy growing at a moderate pace at best, the US job market keeps on shining.
$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.
Dream over? Housing affordability set to be issue for 40 years
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 problem with property doomsayers
The team at ABC's Four Corners assembled a thrilling package about the Australian property boom last Monday.
British Labour backs EU single market membership during Brexit
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.
Yellen's Jackson Hole speech more swansong than job audition
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.
Government losing its resistance to rent-seeking businesses
I'm starting to suspect the federal government – of whatever colour – has lost its ability to control its own spending.
Treasurer, you're relieved until I fix this mess
Have a break. With the help of some of your best bureaucrats, I've got it from here.
We're being misled on apprenticeship 'crisis'
If we're to believe what we're told, Australia's apprenticeship system is in crisis, with plunging numbers following cuts in government support.
Home sales and prices pick up pace
House prices rose across most capitals in the past week and the number of auctions resulting in a sale continued to climb.
Here's one way to get more women promoted
The Google memo was "deeply biased" says EY's Uschi Schreiber but there's more systemic issues on gender inequality.
Hope yet for economy despite dark days
There is still good reason to expect wages growth will pick up.
Housing affordability: Is Airbnb to blame?
New data suggests landlords favour Airbnb-type rentals over long-term tenants, but the home-sharing website's impact on housing affordability remains contentious.
Canberra chaos poses a threat to investment
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.
Oil giant's capitulation is $10b win for taxpayers
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.
Here's the truth of the matter about unemployment
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.
Small Business
From the kitchen to the factory, how far can you go?
Turning home made treats into million dollar businesses.
Labor's trust tax policy still an attack on small business
The reality of Labor's proposed new tax rate payable by beneficiaries of family trust is that it will affect small business owners more than it will affect "wealthy individuals".