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NAB chief executive Ross McEwan.

Vaccine stumble won’t hold economy back: banks

Vaccine stumbles won’t be enough to keep the economy from charging on, according to bank chief and their economists.

  • 45 mins ago
  • Matthew Cranston and James Eyers
Alan Tudge says a back-to-basics approach is necessary if Australia is to improve on international rankings.

Alan Tudge’s 10-year plan to get schools back to basics

To address a worrying trend that has seen Australian school performance decline over the past two decades will need a clear strategy, says federal Education Minister Alan Tudge.

  • Julie Hare

‘Priority’ super reforms face resistance in the Senate

Superannuation funds say the government needs to be more transparent about the proposed reforms, while key crossbench senators say they have reservations.

  • Ronald Mizen

Foreign investment uncertainty jumps

Foreign investment uncertainty for Australia doubled last year as the federal government imposed tough screening restrictions on offshore investors during COVID-19, according to a new “Foreign Investment Uncertainty Index”.

  • John Kehoe

Why the AstraZeneca vaccine was plagued with errors

In the span of a year, AstraZeneca has gone from favoured child to problem child after a series of unforced errors by the British pharma company turned hope into hesitancy.

  • Stephanie Baker and Suzi Ring

Business hails miracle rebound

Employment growth is coming back faster than expected, while struggling industries are keeping staff and even hiring more.

  • Matthew Cranston

Opinion & Analysis

Diplomacy and resolve can defuse Taiwan tension

Australia must do nothing to make China think that there is a military solution to its frustrations with Taiwan.

The AFR View

Editorial

The AFR View

Economic rebound may be less of a miracle than it appears

Fuelled by government and central bank cash, the economy has more than recovered and is now emphatically expanding.

John Kehoe

Economics editor

John Kehoe

Doing business in a divided world

Australian companies are learning the risks of working in markets where Washington and Beijing are feuding.

Peter Cai

Contributor

Miracle rebound now needs a kick of reform

The biggest economic risk we now face is the obvious lack of any political will in Canberra to adjust the policy settings the OECD says are holding back the recovery.

The AFR View

Editorial

The AFR View
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More From Today

Diplomacy and resolve can defuse Taiwan tension

Australia must do nothing to make China think that there is a military solution to its frustrations with Taiwan.

  • 45 mins ago
  • The AFR View

Economic rebound may be less of a miracle than it appears

Fuelled by government and central bank cash, the economy has more than recovered and is now emphatically expanding.

  • John Kehoe

Doing business in a divided world

Australian companies are learning the risks of working in markets where Washington and Beijing are feuding.

  • Peter Cai

Yesterday

Miracle rebound now needs a kick of reform

The biggest economic risk we now face is the obvious lack of any political will in Canberra to adjust the policy settings the OECD says are holding back the recovery.

  • The AFR View

Why women are getting more jobs

Women took almost 80 per cent of the 70,700 jobs added to the economy in March and have recorded their highest participation rate.

  • Matthew Cranston
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The big question mark over the RBA’s bond buying program

Economists still expect the Reserve Bank will extend its quantitative easing program but the point at which its buying distorts the market for government bonds is up for debate.

  • Michael Read

Strong jobs rebound prompts budget rethink

The Coalition government will want to be seen to be more fiscally prudent than Labor, but a government struggling in the polls may be tempted to keep juicing the economy before next year’s election.

  • John Kehoe

Two-tiered corporate tax ‘distorts’ business

Tax advisers say the different rates discourage businesses from growing bigger and make it more complex for paying dividends to shareholders of private companies.

  • John Kehoe and Sue Mitchell

China’s Guinea mine is about security, not economics

The purpose of Beijing’s investment in the Simandou project is not to slash prices for Chinese steelmakers, but to guarantee the supply of a vital resource.

  • Richard McGregor

We need a dose of quarantine to open international border

Immigration is not an optional extra for the recovery. Instead of waiting for the vaccines, let’s devise new border solutions to bring back migrants, tourists and students.

  • Ken Morrison

Jobless rate falls to 5.6pc as JobKeeper ends

More than 70,000 jobs were added in March as JobKeeper came to an end - far in excess of what economists were forecasting. A record participation rate was reached.

  • Matthew Cranston

Ridout warns COVID-19 impact will linger in economy

There will be a ‘new normal’ because people and companies are operating differently and it will be a long time before supply chains recover, Heather Ridout said.

  • Michael Heath

NSW to boost public transport capacity

The NSW government will allow more people on Sydney’s trains and buses as the central business district struggles from a lack of office workers and tourists.

  • Finbar O'Mallon

This Month

Big business 30pc tax rate ‘hurts growth’

It should be aligned with the 25 per cent levied on smaller companies to remove a barrier for businesses to grow, the OECD recommends.

  • John Kehoe

JobKeeper concerns fade as housing engine fires up

The booming property market is driving huge employment gains in the real estate sector, which had been a big user of JobKeeper.

  • Matthew Cranston
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AFP probes allegations Ben Roberts-Smith buried evidence

AFP confirms new investigation into threats made to witnesses of a war crimes investigation, and the alleged burying of evidence in the VC winner’s backyard.

  • Max Mason and Andrew Tillett

‘RBA house price model’ predicts 25pc rise by 2023

Using similar analysis to the RBA, Coolabah Capital is forecasting 25 per cent growth in house prices over the next three years.

  • Matthew Cranston

NSW’s property tax switch could shake up GST revenues

NSW may be entitled to GST compensation from other states if it replaces property stamp duties with a recurrent land tax, according to a new report by the Commonwealth Grants Commission.

  • John Kehoe

Economic success pips political dividend

Scott Morrison is reaching out to a booming Western Australia in his first trip across the Nullarbor in over 18 months. But economic success doesn’t translate neatly into political returns.

  • Jennifer Hewett