Treasury boss sees 'welcome signs of slowing' in house prices
Treasury secretary John Fraser has welcomed the cooling off in the country's biggest housing markets, saying there are early signs the curbs on riskier bank lending are doing their job.
Treasury secretary John Fraser has welcomed the cooling off in the country's biggest housing markets, saying there are early signs the curbs on riskier bank lending are doing their job.
The RBA says economic conditions at home and abroad "had been more positive since 2016", according to minutes of this month's policy meeting.
The health of a nation's economy and the health of its people are connected, but in some surprising ways.
Don't celebrate too soon. That was the key message as policy makers and investors left annual IMF and World Bank meetings.
Borrowers can expect to see mortgage rates of about 6.5 per cent when the the Reserve Bank shifts its policy to neutral.
The market told the story - Hunt's health insurance reform is for health insurers, not our health.
The Reserve Bank has warned about areas where it sees "potential risk" in the property investment market.
For all the cry-babies' lobbying, put on a good project and they will come.
The Australian Taxation Office's systems to detect and prevent fraud are working, says Second Commissioner Andrew Mills, but there's always room for improvement.
Company boards and executives may soon face even tougher requirements from the regulator over million-dollar bonuses being dished out in the banking and financial services industry, the regulator has warned.
Investor mortgage lending staged a surprise recovery in August but the banking regulator's intervention in the home loan market is still being felt.
Australia's superannuation scheme is the envy of the world. It shouldn't be.
The ATO was working with the government to ensure that it had the right public "messaging" before releasing its tax gap figures, Freedom of Information documents reveal.
Almost one in four new homes in NSW is being snapped up by a Chinese buyer, according to Credit Suisse.
Troubling dementia numbers are playing a big role in the surge of private insurance premiums.
An estimated $3.5 billion in revenue from large corporates and multinationals is at risk to the economy, but through audit activity this will reduce to $2.5 billion, according to the Australian Taxation Office.
​Australian companies are experiencing very strong business conditions but their improving profits are not strengthening the broader economy, a survey shows.
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 KĂ¡rmĂ¡n 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.
Complaints to the Telecommunications Industry Ombudsman by small businesses have risen 31.3 per cent this financial year.
Under a new scheme called Thrive, newly arrived refugees and migrants can access up to $20,000 each to kickstart their business.
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