Trader Peter Tuchman works on the floor of the New York Stock Exchange at the closing bell as the market clawed back ...

Two cheers for the return of volatility

After the swiftest 'correction' that Wall Street had ever suffered starting from an all-time high the fall has been reversed but nerves are still on edge - that is a good thing.

Patient RBA risks playing catch-up later

The RBA's stubborn commitment to keeping rates steady will lead to Australia's loosest monetary conditions since the global financial crisis and risks putting the central bank "behind the curve", Bank of America-Merrill Lynch says.

Opinion

Origin Energy's Eraring coal power station, the country's largest coal-fired power station, has boosted output 37 per ...

Generators lap up higher power prices

The first summer since the shutdown of the huge Hazelwood coal generator in Victoria has proved a boon for other electricity producers making the most of higher power prices.

Personal Finance

Finance accused of fudging efficiency data

'Complete nonsense': The Department of Finance has been accused of fudging data to argue that an ongoing crackdown on departmental spending was reducing the overall cost of running the federal bureaucracy.