Business
The economy
Handbrake on consumer spending means long tail for retail recession
As shoppers curbed their Christmas spending, accounting firm KPMG has lowered its forecast for the retail sector’s recovery.
- by Jessica Yun
Latest
Opinion
US Votes 2024
Why Trump’s money problems make him so dangerous
The former president’s financial woes are more than just embarrassing. They also make him easy prey for outsiders.
- by Timothy L. O'Brien
Updated
World markets
Fed chief Powell gives markets ‘green light’ as rate cuts loom
Federal Reserve officials signalled that they still expect to cut their key interest rate three times this year but see fewer rate cuts in 2025.
- by Christopher Rugaber
Winter gas threat grows in Victoria, NSW as offshore fields dry up
Gas users are in danger of winter shortfalls sooner than originally feared as ExxonMobil and Woodside’s Bass Strait production fields dry up.
- by Nick Toscano and Mike Foley
Opinion
Global economy
Central banks face a horrible choice, warns the prophet of the Great Recession
Bernard Connolly is one of the very few prophets who foresaw both the Great Recession and the eurozone sovereign debt debacle. After a long silence, he is again issuing warnings.
- by Ambrose Evans-Pritchard
Opinion
Housing crisis
How to fix the housing crisis? Let’s start with this defacto tax on divorce
In the midst of a crisis, we should pull all the available levers. That means abolishing stamp duty should be on the agenda.
- by Matt Wade
Australia’s $63.6b shopping cart: Here’s how your generation spends money online
Australians are shopping more frequently but making smaller purchases, as cost-of-living pressures force consumers to balance their budgets.
- by Jessica Yun
Opinion
Inside China
China’s hypocrisy when it comes to TikTok is stunning
Beijing is hardly in a position to accuse anyone of unfair competition considering it’s blocked X, YouTube, Facebook, WhatsApp, Google and Instagram from operating within its borders.
- by Matthew Lynn
Opinion
Federal budget
Work on this year’s budget has started. Welcome to rent-seekers central
The Albanese government knows what it should do to manage the economy better, but lacks the courage to do more than a little.
- by Ross Gittins
Analysis
PwC tax scandal
The high price of PwC’s failed redemption story
Consulting firm PwC remains a pariah as the tax leak scandal continues to bite.
- by Colin Kruger
Opinion
Data analysis
How the digital world is getting better at measuring us up
The advent of computers has allowed businesses and governments to record, calculate, play with and store huge amounts of data. But we’re still in the early days of exploiting this opportunity to be better informed about what’s happening in the economy.
- by Ross Gittins