Low rates may trigger shock: BIS
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Leaving interest rates too low for too long could lead to a surge in inflation that forces central banks into dramatic rate hikes, slamming the globe into recession.
Leaving interest rates too low for too long could lead to a surge in inflation that forces central banks into dramatic rate hikes, slamming the globe into recession.
By 2019-20, credit growth in the Australian economy will be zero as restrictions on borrowing capacity bite, adding to the risks the broker sees for bank stocks.
The GST wars of the last decade appear to be over with the states indicating they will fall in line, but pressure remains for broader tax reform and for the smaller states to do more to make their economies more productive.
"I don't think we're doing enough on social media," John Johnston told his new lieutenant at Godfreys as the pair embarked on a turnaround.
China's expanded anti-pollution rules will embed price premiums for iron ore out of the Pilbara.
Australia is using its $195 billion defence modernisation program to upgrade ties with the old powers of Europe while seeking to have them play a larger role in the region.
The regional branch took months to open the account for an Aboriginal consumer on welfare who was concerned about paying dishonour fees.
Fund manager Hugh Dive said the market was quite "deep into the IPO cycle" which usually meant less quality offerings.
ANZ's regional branch took four months to open a fee-free bank account for an Aboriginal consumer on welfare who was concerned about paying dishonour fees.
Three months after big business launched a GetUp! rival, one measure has the left-wing group ahead 141,000 to 32.
Bell Financial Group has joined the likes of National Australia Bank and Commonwealth Bank of Australia in affirming a commitment to its online stockbroking business.
It looks like UniSuper's now public discomfort with pure play coal companies does not extend to businesses that rely purely on coal to make a dollar.
Lazard fund manager Warryn Robertson doesn't own any Australian stocks in his global equity franchise fund but says he's keeping an eye on a handful.
The ASX advanced for the third time in ten sessions as modest gains by the finance sector outweighed losses in materials industry.
Trade wars are good, and easy to win - that's a Donald Trump assertion which is giving succour to dollar bulls.
The next time an analyst tells you that China stocks look cheap, take it with a grain of salt.
More than $19 billion worth of shares in Samsung Electronics are poised to flood South Korea's stock market, as regulators seek to restrict the control that chaebol families exert.
The former PM's attempt to revive the 2009 climate wars just looks desperate. Even young conservative MPs want nothing to do with him.
China's expanded anti-pollution rules will embed price premiums for iron ore out of the Pilbara.
A pre-election repair job leaves intact a system filled with anti-growth incentives for states.
The purity of the GST model has been spoilt but the politics is smart.
Australia is using its $195 billion defence modernisation program to upgrade ties with the old powers of Europe while seeking to have them play a larger role in the region.
Renewable energy generated nearly 19 per cent of national grid power in the year to June 30, and will exceed emissions targets without the NEG.
The GST changes are worthwhile reforms but aren't big. They don't fix the long-term dysfunction of permanent subsidies to smaller states.
Scott Morrison's GST plan has won widespread endorsement from economists as an affordable and pragmatic compromise.
If followed by others it could be a blow to local pure or majority thermal coal companies such as Whitehaven Coal, as well as AGL Energy and EnergyAustralia
Wang Jian was one of two men behind the vast Chinese conglomerate which spent $US50 billion amassing an empire of properties, hotels, airlines and logistics firms around the world over two decades.
Despite no signs of North Korea abandoning its nuclear weapons any time soon, South Korea is going ahead this week with peace efforts with its rival.
The suspension of the three projects is the starkest manifestation yet of Prime Minister Mahathir Mohamad's call to diminish Chinese influence in Malaysia.
The US is "opening fire" on the world with its threatened tariffs, China warned on Thursday, saying it would respond the instant US measures went into effect.
Two British citizens are critically ill after they were exposed to Novichok, the same nerve agent that struck down a former Russian agent and his daughter in March.
Sunsuper has notched up another merger as it continues its rapid rise up the ranks of the nation's largest superannuation funds.
Advisers say the new rules are still far too complicated and should be more reasonable, especially when it comes to honest mistakes.
Mitsubishi shares have outperformed the Nikkei over the past year, but continue to offer strong appeal, trading at a 20 per cent discount to book value.
The ratio of women partners continues to climb at the nation's leading law firms as they account for more than 40 per cent of promotions.
For much of her time at university, Elizabeth Aitken had her heart set on politics or journalism as a career.
The opposite of a "perfect storm" is what Big Law is enjoying right now.
Juan Martinez takes pride in the fact HWL Ebsworth does things differently – on billable hours, partner progression and rewarding fee earners.
Ferrari has not only created its fastest V8 production model and its most aerodynamically sophisticated but, apparently, its most enjoyable.
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