Goldman: Oz pay push 'canary in coal mine'
"It's entirely feasible you're seeing a positive inflection point in wages," says the chief economist for Australia at Goldman Sachs Group.
Parents fund $16b first-time buyer surge
Parents and family are emerging as one of the nation's biggest lenders behind the resurgence of first-time home buyers in the nation's most expensive housing markets, analysis reveals.
Trump's Republicans look set to split
Donald Trump's Republican Party is on the brink of rupturing after two Senators launched scathing attacks on the President's character.
Markets Live: ASX pops, Wesfarmers falls
Shares are gaining, with banks and miners driving the advance, while Wesfarmers is lower after revealing slower sales growth at Coles.
Coles' growth grind won't get much easier
Some days the grind of eking out growth in the grocery business must feel like a battle to Coles boss John Durkan.
'Monster' stamp duty tax should be slain
The property industry says stamp duty is a "monster" tax that traps people in homes and backs a recommendation to shift to a land tax.
Xi has to reckon with $US1.9 trillion in debt
While China's debt is believed to be $US400 billion, if you add on Hong Kong's external, that's $US1.9 trillion, mostly in short-term, interbank borrowing.
Coles' food and liquor sales growth slows
Coles' same-store food and liquor sales growth slows to lowest pace since 2008 as the retailer cuts prices to catch up with Woolworths and Aldi.
ASIC, banks race to finalise BBSW settlements
ASIC and the banks it has taken to court over interest rate rigging may ask for more time to finalise multi-million dollar settlements.
Goldman: Australian pay push is 'canary in coal mine'
"It's entirely feasible you're seeing a positive inflection point in wages," says Andrew Boak, chief economist for Australia at Goldman Sachs Group.
New kids on the IPO block get pitching
The next wave of sharemarket contenders is rolling in thick and fast.
Lew has burned his bridges at Myer: chairman
Outgoing Myer chairman Paul McClintock has accused Solomon Lew of trying to get control of Australia's largest department store on the cheap.
Don't blame central banks for risk build-up
Criticising the success of central banks in reflating our crisis-hit economies, because this created today's financial risks, is not a valid reaction to their actions.
Bulls vindicated at least for a day
The Dow Jones Industrial Average surged to a fresh record, the US dollar hit the highest in three months and Treasuries tumbled.
ASX to edge higher at open
Shares are poised to open higher, paced by records on Wall St on solid results from Caterpillar and 3M. $NZ drops.
$NZ drops on RBNZ review
The New Zealand dollar fell sharply after the nation's PM-elect signalled the central bank may soon have an expanded mandate.
Why big money is avoiding the bitcoin boom
Bitcoin is booming and the value of cryptocurrencies has surged tenfold this year, so why are institutional investors steering clear?
Opinion
Turnbull's chance to fix NBN
It would be a grievous mistake to listen to this week's litany of complaints about the NBN and conclude the entire project is a disaster.
Time to come clean on the cost of NBN
For all the Turnbull government's attacks on the Rudd government over the NBN, a lot of customers will hold this government responsible.
Back to core business
The Productivity Commission has shifted the debate to how core government services are delivered, and urges everyone to play nice.
Lew takes the gloves off in Myer fight
Solomon Lew's extraordinary attack on Myer and its chairman show he wants change, and quickly. But his endgame remains a mystery.
Bill Shorten dares 'grubby' government
Bill Shorten has accused the "grubby" government of abusing power and wasting money and police time after what the Opposition Leader said was the latest attempt to smear him.
Fraser keeps door open to further bank loan restraints
Treasury secretary John Fraser has left open the door to further regulatory efforts to curb risky property lending.
Morrison unapologetic over market intervention
Liberal MPs opposed to increased intervention into the affairs of big business believe they will be consulted before the government attempts another move.
AFP raids AWU offices over Shorten donations
Police have launched an extraordinary raid on AWU offices as part of an investigation into allegedly unauthorised donations by Bill Shorten.
Smarter government services key to future wealth
Health, education and planning – not industrial relations and tax – is where the political and economic bang-for-buck is strongest.
PM's allies uneasy about plan to crush Catalan separatists
Spain's plan to crush Catalonia's separatists is raising alarm bells among some of Mariano Rajoy's allies before what's set to be a decisive few days in the conflict with the insurgent region.
Saudi Arabia to build $643b, 25,900 square kilometre city
Saudi Crown Prince Mohammed bin Salman has announced plans to build a huge Red Sea coast city powered by clean energy with no room "for anything traditional".
US Senator says Trump 'utterly untruthful' President
Senator Bob Corker, a Republican from Tennessee, is a man unburdened.
Xi becomes China's most powerful leader
Xi Jinping has amassed power far more quickly and surely than previous Chinese leaders.
Trump makes cutting taxes harder
The US President's constant interventions are making it hard to achieve the tax reform he wants.
Personal Finance
More devils in the transfer to retirement details
It's no longer easy and definite that when you die, you can leave your Transition to Retirement Pension to a younger partner.
Navigating the media sector
Old-school media companies are priced for continuing failure, so any small revenue bump is likely to flow on to the share price.
Pay gap to affect women's retirement lifestyle
A new study has found the gender pay gap, even for highly paid women, results in then earning 38 per cent less over the course of their working life.
Millennial male managers refuse to work long hours
The 2016 Census reveals managers, especially dads, are no longer willing to work more than 49 hours a week.
BDO targets partners in rigorous security review
The leadership of BDO has been quietly conducting a broad-ranging internal security investigation focused on plugging information leaks.
Pay specialist teachers on merit, says PC
Specialist teachers should be paid more and vocational education is a "mess", says the Productivity Commission.
Meet the $100m ex-footballer disrupting FedEx
GetSwift shares have surged since listing on the ASX last December, putting Joel Macdonald on the Young Rich List.
Baird says banks, big business must give back to society
Mike Baird says the major banks need to make a broader contribution to society if they want to win back the public's trust.
Lifestyle
Jimmy Barnes' surprise author inspiration
A silent star's book helped shape the autobiographies of Australia's famous screamer.
Daily Rowe Cartoon
