Rate cut in June attracts strong betting
An interest rate cut is now 80 per cent likely just 17 days after the federal election because of softening unemployment numbers.
Jobless rate ticks up to 5.2pc
The economy created 28,400 new jobs last month – nearly double expectations for 15,000 new positions – but with more people looking for a job the unemployment rate rose to 5.2 per cent.
How social purpose can be good for profit
Companies don't need to choose between profit and purpose, they can fix social problems by aligning their purpose with the bottom line, said Peter Yates.
Markets price in 50-50 chance of June rate cut
Bond yields dropped to a fresh record low and the futures market is tipping a 54 per cent chance of a Reserve Bank rate cut in June.
Markets expect two rate cuts as jobs data looms
If the futures market is right, the Reserve Bank will cut its cash rate by August - and its policy easing may not be limited to just two cuts.
Wage growth holds steady
Pay rises in healthcare, education and training industries were the main drivers of the wage growth.
Tax cuts could hold off rate cut: CBA
Speculation the RBA will hold off on cutting rates to see if tax rebates coming in July provide the stimulus to get economy moving.
Fire or ice: how the long debt cycle might end
Some warn that the world of high debt and low interest rates will end in the fire of inflation. Others prophesy that it will end in the ice of deflation.
Labour costs will ignite inflation or squeeze margins
JPMorgan's global chief economist Bruce Kasman says central banks should keep a sharp eye on employment and inflation because it may surprise.
'Slowing activity': Key employment index shows sharp decline
The closely watched NAB Business survey showed a decline in its employment index over the month of April to a below average read – the first...
US gives China one-month reprieve
China has a month to seal a trade deal or face tariffs on all its exports to the US, even as both sides sought to avoid a public breakdown i...
