Be alert, not alarmed, about Australia's high household debt
Another day, another dire warning that Australian households are about to crumple under the crushing weight of debt.
Another day, another dire warning that Australian households are about to crumple under the crushing weight of debt.
Think Facebook, or Amazon or Alibaba are growth businesses? They've got nothing on the Port of Melbourne. In their eagerness to raise short-term cash, federal and state governments are letting private owners take larger and larger clips of the ticket for access to monopoly assets.
It's an opportunity cost. That is we've always reminded ourselves of all the other things we could buy for the price of going to 100 kilometres above sea level to the Kármán line, the internationally accepted space border.
We have every energy resource in the world, but political dithering and climate policy missteps have left Australia with an unwanted crown: the highest power prices in the world.
Low wage growth, higher electricity and gas bills and out-of-cycle mortgage rate increases have been blamed for a slump in consumer spending in July and August - the worst since 2010.
The median full-time working woman in Australia earns 87 cents to every man's dollar, new OECD research shows.
Home ownership among young Australians has fallen to the lowest level on record, as an explosive property boom squeezes out all but the wealthiest.
Australia's biggest gold miners and mining lobby groups have lashed out at the WA government over its plans for tax hikes, which they say will cost jobs in an environment of low profit margins.
Weakening consumer confidence is pointing to a slowdown in capital city house price growth, an economist says.
Australia's record of 26 years without a recession flatters to deceive. The gaudy numbers mask serious flaws in the country's economic model.
​House hunters are steering away from Sydney and Melbourne and turning their attention to Brisbane, according to property data group CoreLogic.
As local retailers worry about the arrival of Amazon destroying their business, the taxman will need to start worrying about how Amazon is going to work to minimise its tax bills.
The RBA has kept rates steady at their historical low of 1.5 per cent, as widely expected, while offering little to encourage talk the central bank will hike in 2018.
To insist Australia must drop its corporate tax rate to match international rates is like insisting consumers only shop on price.
Sydney house prices have declined for the first time in 17 months, the latest CoreLogic data reveals.
Look out, here comes another wave of anti-immigration sentiment, or at least pro-much-lower-immigration sentiment, riding on a surge in March quarter population figures, the biggest rise since 2009
It's easier to find a job than it has been in years and the odds are best in NSW.
Australia's top corporates and their advisers say companies are more likely to base future projects offshore thanks to Donald Trump's tax plan.
The Reserve Bank is being asked to do far too much, its deputy governor Guy Debelle has told a conference in London. From the time it was granted independence in the mid-1990s, it came to be seen as "the only game in town" for economic management, a view that was reinforced as it was forced it to do more and more.
The latest figures from the Bureau of Statistics show the strongest population growth in Victoria since 1960, helped by a net migration of 5000 Australians moving to Victoria from other states in the first three months of 2017.
Pascoe's Law of Stuff states that stuff expands to fill available space. Live in a small unit, it will be full. Live in a big house for a while, it also will be full.
While UberEATS charges the cafe or restaurant it collects food from a service fee for each delivery, it doesn't have to pay tax on that service fee.
Wage growth remains stuck in the mud in Australia - but which industry's salaries are rising the fastest?
However, the biggest shift in addressing unconscious bias needs to come from women themselves, Lloyd's general representative in Australia says.
More Australians are splashing out on "meaningful experiences" such as concert tickets, the theatre, hotel stays and eating out rather than retail goods, according to NAB data.
Home buyers who stretched themselves to enter the property market while interest rates were at record lows could be "vulnerable" to economic shocks, a senior Reserve Bank official says.
One is the loneliest number, the AICD's latest gender diversity statistics show.
Westpac chief economist Bill Evans is unconvinced by the recent chatter about RBA rate rises, saying there is a case for no hikes until 2020.
Home sales have increased across all but one of the capital cities in the past seven days, marking the busiest week for auctions since the end of May, while home prices remain flat virtually across the board.
The UK had its credit rating cut by Moody's Investors Service, which blamed Brexit, a sluggish economy and Prime Minister Theresa May's weakened political position.
Australians love a bargain holiday.
Are you distracted by your smartphone when really you ought to be concentrating on the person next to you?
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