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As long as it takes: Departing ECB chief Draghi cuts rates, pledges indefinite stimulus for eurozone

As long as it takes: Departing ECB chief Draghi cuts rates, pledges indefinite stimulus for eurozone

Mario Draghi ties his successor Christine Lagarde's hands with a promise of indefinite stimulus to spark the eurozone, sparking an immediate conflict with US President Donald Trump.

  • by Balazs Koranyi and Francesco Canepa

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Brown coal in sharp decline as power plants close and renewables rise
Energy

Brown coal in sharp decline as power plants close and renewables rise

Australia's dependence on burning brown coal to produce power is diminishing as ageing coal-fired power stations close down, new figures reveal.

  • by Nick Toscano
Reserve Bank warns against households' 'reduced appetite for debt'
Interest rates

Reserve Bank warns against households' 'reduced appetite for debt'

Cautious home owners may not cut repayments, the Reserve Bank of Australia has warned, undermining efforts to stimulate the economy through lower interest rates.

  • by Shane Wright
Trump wants negative interest rates - here's how that would work
Interest rates

Trump wants negative interest rates - here's how that would work

The president has been pressuring the Fed to cut rates for months. But this time he has suggested something unprecedented for the US.

  • by Jeanna Smialek
Trump calls for Fed’s ‘boneheads’ to slash interest rates below zero
Interest rates

Trump calls for Fed’s ‘boneheads’ to slash interest rates below zero

"A once in a lifetime opportunity that we are missing because of 'Boneheads'," Trump said of Fed Chairman Jay Powell and the Federal Reserve

  • by Howard Schneider
Trump's trade fight with China was inevitable - but total warfare is not
Opinion
Trade wars

Trump's trade fight with China was inevitable - but total warfare is not

With a president as unpredictable as this one, markets do not know if they are coming or going.

  • by Jeremy Warner
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Investors cooling on renewable energy projects amid policy uncertainty
Energy

Investors cooling on renewable energy projects amid policy uncertainty

Investment in renewable energy projects across Australia has "slowed dramatically" after a record-breaking two years.

  • by Nick Toscano
Everyone agrees families are important, so why is it getting harder to form one?
Opinion
Affordable housing

Everyone agrees families are important, so why is it getting harder to form one?

Young Australians still want partners, children and housing but the evidence suggests getting those things has become a whole lot harder.

  • by Matt Wade
RBA's Philip Lowe calls for increase in infrastructure spending
Exclusive
Infrastructure boom

RBA's Philip Lowe calls for increase in infrastructure spending

The Morrison government is under pressure to do more to lift economic growth.

  • by Peter Hartcher
No economic disaster, but we are stuck in low gear
Opinion
Australian economy

No economic disaster, but we are stuck in low gear

Prime Minister Scott Morrison's claim that this week's soft economic growth figures were "no surprise" is itself a bit, well, surprising.

  • by Clancy Yeates
Not for sale: Australians are holding onto their properties for longer
Property market

Not for sale: Australians are holding onto their properties for longer

If you’re in the market but haven’t been able to find the property you’re looking for, it might be because no one is selling

  • by Jack Derwin