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In a post-financial crisis world, is there a 'new normal'?

In a post-financial crisis world, is there a 'new normal'?

It's an academic debate with real world consequences. The future of interest rates and economies might hinge on the answer.

  • by Stephen Bartholomeusz

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Australia seen as one of the world's four riskiest housing markets
Property market

Australia seen as one of the world's four riskiest housing markets

Housing market dangers are "especially acute" in Australia, Hong Kong, Canada and Sweden, Oxford Economics says, and warns of dangers to their economies.

  • by Michael Heath
Hedge fund billionaire spells out America's worst nightmare
Currencies

Hedge fund billionaire spells out America's worst nightmare

Ray Dalio says the US economy is about two years from a downturn, which will see the US dollar plunge "easily" as much as 30 per cent.

  • by Katia Porzecanski & Erik Schatzker
Canavan warns industry gas export trigger on the table
Energy

Canavan warns industry gas export trigger on the table

Resources Minister Matt Canavan has warned energy industry heads the government will not hesitate to slash gas export levels if there is a domestic shortage.

  • by Cole Latimer
Canberra instability, rate hikes dent consumer confidence
Banking royal commission

Canberra instability, rate hikes dent consumer confidence

A measure of consumer confidence fell sharply in September as political instability in federal politics and hikes in mortgage rates by most of the big banks soured the public mood.

Who can take more pain in Trump's deranged game of chicken with China?
Opinion
Trade

Who can take more pain in Trump's deranged game of chicken with China?

The US and China are on a combustible escalation path that can end only when there's economic blood on the floor. Both think they can withstand the longer siege.

  • by Ambrose Evans-Pritchard
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ACCC greenlights $13 billion APA takeover by Hong Kong utility
Energy

ACCC greenlights $13 billion APA takeover by Hong Kong utility

The competition watchdog has approved Hong Kong-based utility firm CKI’s $13 billion takeover bid for gas pipeline company APA but government uncertainty has put final foreign investment approvals under a cloud.

  • by Cole Latimer
Trump's economic 'magic wand' is a myth
Opinion
World markets

Trump's economic 'magic wand' is a myth

The President is taking credit for the US economy's strength. The truth is, his economic record has yet to be written.

  • by Michael R. Strain
The great delusion of middle age
Opinion
Retirement living

The great delusion of middle age

The pension eligibility age will rise to 70, but that's no problem as long as three things change.

  • by Ross Gittins
'Embarrassing' NEG failure won't stop intervention, energy chiefs say
Energy

'Embarrassing' NEG failure won't stop intervention, energy chiefs say

The government’s failure on energy policy won’t stop a royal commission or other market interventions, former EnergyAustralia chiefs say.

  • by Cole Latimer
Political turmoil sends business confidence tumbling
LNP

Political turmoil sends business confidence tumbling

Business confidence slumped to a two-year low in August, a period marked by upheaval in the government that saw Malcolm Turnbull ousted as prime minister.