RBA on hold until 2020: Macquarie
The RBA won't lift rates until 2020, while there is "a small but growing risk" that the central bank will not be able to tighten policy in this cycle, Macquarie says.
The RBA won't lift rates until 2020, while there is "a small but growing risk" that the central bank will not be able to tighten policy in this cycle, Macquarie says.
The Australian sharemarket posted another strong day of gains as news of income tax cuts passing Parliament boosted investor confidence.
Global rates are rising. Yet in Australia, official policy is stuck in a trap, partly of the RBA's own making.
The Coalition's income tax cut package has passed Parliament, securing the centrepiece of the federal budget and a significant win for Prime Minister Malcolm Turnbull.
Australia's housing slump could prove short-lived, with solid jobs growth, loose monetary policy, decelerating supply and easing lending controls, helping to lift prices, a CoreLogic-Moody's analysis says.
Two months after taking over as chief executive of CBA, Matt Comyn, is on the brink of burying the three big negative legacies of his predecessor.
The Defence Department is building cyber-offensive capability, giving it the ability to interfere with other nations' digital systems rather than simply defend against attacks.
"It's now beyond dispute that climate risk needs to be interrogated through a financial lens," climate lawyer Sarah Barker says.
APN Outdoor's board is expected to reject a $1.1 billion approach from JCDecaux, as some shareholders believe the company is "worth more".
The federal court has approved Commonwealth Bank of Australia's $25 million settlement with ASIC over the bank bill swap rate rigging case.
Macquarie Group hasn't finished putting a broom through its private wealth division with more advisers being dispensed with this month.
Bellamy's Australia has penned three new strategic organic milk deals in order to take greater control of its supply chain and cost structure.
The Australian sharemarket has climbed well over the 6200 mark, advancing on the strength of index heavyweights such as CSL and the major banks.
Short sellers are circling ASX-listed Credit Corp. The debt buying company placed its shares in a trading halt on Thursday, citing an "anonymous report" on the stock.
US regulators have spent much of the past decade trying to get a better handle on beleaguered Deutsche Bank. A wild trading day earlier this year shows how hard that will be.
Some investors are now starting quietly to fret that the US central bank may be on the brink of making a mistake, tightening monetary policy too aggressively in the face of a vulnerable global economy.
Australia's mobile phone market is headed for a new level of competitive intensity following Telstra CEO Andy Penn's declaration of war on rivals.
Andy Penn believes 5G will be a massive opportunity for new economic value to be created and "the crucial question" is whether telcos can capture it. It's also a crucial question for Penn.
Three years before AGL sold $2 billion of gas to exporters, a controversial deal the government has targeted, the company's own experts had warned of a shortage.
Fairness will turn out to be least fair on those Labor claim needs it the most.
The judge has rejected a test case that would have seen penalties against militant unions soar into the tens of millions of dollars.
As war fighting expands from the traditional domains of land, sea and air into cyber and space, the challenge for militaries remains the same, to find the edge over the enemy.
The cash-strapped Labor government in Western Australia is under mounting pressure from unions and within the party to abandon plans to sell the state's land registry.
Fairness will turn out to be least fair on those Labor claim needs it the most.
Property bodies such as RICS are moving to shore up the local real estate sector against the effects of dirty money.
Diehard Trump supporters remained steadfast even as heart-rending photos of children held in cages and audio of terrified children crying out for their parents stoked outrage.
The German carmaker and industrial group is one of the biggest global companies to cut its profit outlook and blame trade tensions.
President Donald Trump has stopped agents from separating immigrant children from their parents on the Mexican border as he fights for his Wall.
The US has fined Deutsche Bank $US205 million for violations of New York's banking laws related to its forex trading.
Disney has a deeper war chest than rival bidder Comcast. But does the Mouse and its shareholders have the conviction to keep going?
The Reserve Bank governor would pick the experts to pick the top 10 default super funds, with help from the ACCC and ATO, the Productivity Commission proposed on Thursday.
Where both of you have more than $1.6 million in super there can be much to remember, writes John Wasiliev who seeks answers for your super questions.
Establishing a top 10 list of default superannuation funds might lead to herd behaviour among some of the market's biggest investors, AustralianSuper head of portfolio construction Alistair Barker says.
David Murray formally started as chairman of under pressure AMP on Thursday, making board renewal and improving governance his top priorities.
I wasn't entirely truthful in my job interview with The Australian Financial Review.
Do continuous disclosure rules invite legalised blackmail through class actions – or is there no smoke without fire? The federal government has been asked to take a look.
Combining academic and back office functions looks increasingly appealing in the face of growing disruption.
The feelgood factor at this luxury eco-resort extends well beyond the spa.
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