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Jobless rate falls to near eight-year low

Jobless rate falls to near eight-year low

The unemployment rate edged down to 4.9 per cent in February. But the fall was due to a drop in the number of people looking for work.

  • by Shane Wright

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The sudden shift that should have all of us worried about the global economy
Opinion
Interest rates

The sudden shift that should have all of us worried about the global economy

Donald Trump, and the rest of the world, ought to be concerned about the message the Fed has just sent.

  • by Stephen Bartholomeusz
'Great time to be patient': Fed sees no rate hikes in 2019, sets end to asset runoff
World markets

'Great time to be patient': Fed sees no rate hikes in 2019, sets end to asset runoff

The US Federal Reserve has brought its three-year drive to tighten monetary policy to an abrupt end.

  • by Howard Schneider and Trevor Hunnicutt
'They've had a lot of problems living by certain deals': Trump takes shot at China as trade talks continue
Trade wars

'They've had a lot of problems living by certain deals': Trump takes shot at China as trade talks continue

President Donald Trump said he'll keep tariffs on China until he's sure Beijing is complying with any trade deal, refuting expectations that the two nations will agree to roll back duties as part of a lasting truce to their trade war.

  • by Jennifer Jacobs and Andrew Mayeda
Stop bagging 'fat cat' bosses; this is the national debate we need
Opinion
Industrial relations

Stop bagging 'fat cat' bosses; this is the national debate we need

Political spats over wages and industrial relations are a distraction from the main economic debate we should be having.

  • by Jessica Irvine
Rich listers get boost from former Rio Tinto coal mine bought for $1
Energy

Rich listers get boost from former Rio Tinto coal mine bought for $1

The coal mine is paying big dividends for some of Australia’s most prominent millionaires, including ad man John Singleton and former Leighton boss Wal King.

  • by Cole Latimer
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ANZ numbers boss not convinced tech wave 'disruption' will reduce jobs
Jobs

ANZ numbers boss not convinced tech wave 'disruption' will reduce jobs

The next global technology wave will be disruptive, but ANZ’s numbers and research boss isn't convinced it will be the first one to reduce jobs rather than increase them.

  • by Hamish Hastie
Sydney apartments pose financial stability risks, says RBA
Sydney house prices

Sydney apartments pose financial stability risks, says RBA

The apartment market in Sydney is 'quite soft' due to a sharp rise in supply that's increased risks to financial stability, says the RBA.

  • by Eryk Bagshaw
Coal exporters forced to divert ships as China port delays intensify
Mining

Coal exporters forced to divert ships as China port delays intensify

Ships carrying Australian coal that were originally bound for China have been diverted or offered to buyers in other countries, including in India.

  • by Darren Gray and Cole Latimer
House prices tumble even faster than during the GFC, as RBA's concerns grow over jobs market
Property prices

House prices tumble even faster than during the GFC, as RBA's concerns grow over jobs market

The total value of residential dwellings across the country dropped by $133 billion in the quarter to reach $6.7 trillion.

  • by Shane Wright
Sydney drops down the list of the world's most expensive cities
Population

Sydney drops down the list of the world's most expensive cities

All Australian cities have dropped down the list of the world's most expensive cities, while there's a three-way tie at the top.

  • by Natassia Chrysanthos