Economy | Australian, regional and global economic News | The Canberra Times

Business

The economy

Advertisement
High immigration is hiding the economy's long-running weakness

High immigration is hiding the economy's long-running weakness

Australia's rapid population growth – plus the ups and downs of the resources boom – is masking the economy's problems.

  • by Ross Gittins

Latest

Millionaires' beach: Australia's new richest postcode revealed
Income tax

Millionaires' beach: Australia's new richest postcode revealed

A Sydney northern beaches postcode has dethroned the wealthy eastern suburbs for the first time in seven years.

  • by Derek Rose
Australian coal at risk from China move, warns government report
Mining

Australian coal at risk from China move, warns government report

A new government report warns China's restrictions on coal imports is the number one risk for Australian coal and could lead to a significant price slump.

  • by Cole Latimer
Poor planning? Financial managers cop salary decrease, surgeons get rise
Wage growth

Poor planning? Financial managers cop salary decrease, surgeons get rise

Four professions went backwards in an ATO list of the top 10 average earners in 2016-17.

  • by Michael Fowler
China's Li Keqiang says growth higher than expected
China

China's Li Keqiang says growth higher than expected

The Chinese Premier also told an international business audience that China was a key part of Asia.

  • by Kirsty Needham
Property slump drives the biggest wealth drop in seven years
Property market

Property slump drives the biggest wealth drop in seven years

Slumping house prices and a jittery sharemarket have led to the biggest decline in household wealth in seven years, underscoring pressure on the Reserve Bank to cut rates again.

  • by Michael Heath
Advertisement
'Murderous risks': All of a sudden, the 'R' word is back on our lips
Opinion
Sharemarket

'Murderous risks': All of a sudden, the 'R' word is back on our lips

Are we heading for a global recession? Should the US economy tip over at this juncture, the tail risks for the world are murderous.

  • by Ambrose Evans-Pritchard
Trump's $4.7 trillion miss: The tax promise that has fallen way short
World markets

Trump's $4.7 trillion miss: The tax promise that has fallen way short

When President Donald Trump overhauled America's tax system in 2017, he promised trillions in offshore profits would return to the US. It hasn't quite worked out that way.

  • by Laura Davison and Jeff Kearns
Renewables investment to halve in 2020 as policy vacuum saps confidence
Energy

Renewables investment to halve in 2020 as policy vacuum saps confidence

Investment in renewable energy is set to slump heavily in the early 2020s as experts warn a policy vacuum has sucked confidence from companies in the sector.

  • by Cole Latimer
'Huge opportunities': Government plan to spur minerals boom
Mining

'Huge opportunities': Government plan to spur minerals boom

The government has a strategy to exploit the massive demand for minerals used in renewable energy, aerospace and other industries.

  • by Darren Gray
Energy market operator calls for LNG imports to avoid gas shortages
Energy

Energy market operator calls for LNG imports to avoid gas shortages

The energy market operator has issued fresh warnings of gas shortages unless new gas pipelines and imports terminals are built.

  • by Cole Latimer