Australian News

Treasury secretary wants super, welfare reform

by AAP
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John Fraser bemoans level of political debate about economic ideas.

Private sector credit rises 0.6% in Jan

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Reserve Bank of Australia financial aggregates show personal credit growth slowing over year.

Vic retains Moody's triple A credit rating

by AAP
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Ratings agency says state has sound financial performance and diverse economic base.

Australian gender pay gap hits record high

by AAP
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Australia's gender pay gap has blown out to a record high, new figures show.

Mining jobs bear brunt of commodity crash

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Resource jobs will be slashed as cheaper commodities wipe $110bn off export earnings.

A swift wake-up call for APRA

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As capital expenditure continues to deteriorate, there will be greater pressure on APRA to step in and lessen the business community's reluctance to spend.

NRMA warns of petrol price rises

by AAP
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Motorists warned to brace for costlier petrol after ACCC says prices are picking up.

Big business confidence hits 2-year low

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Falling confidence among ASX300 firms hurts investment plans, growth outlook: NAB.

The lethal combination pushing Australia to the brink

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Mismanagement at both state and federal level at the same time as mining investment is collapsing and the motor industry is headed for the exit is a recipe for disaster.

Intergenerational report out next week

by AAP
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Joe Hockey says long-awaited govt report will be made public next Thursday.

Industry warns of property ‘shock’

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Ray White chairman says new fees for foreign investors could hit valuations: report.

Property boom pushes Aussies into flats

by AAP
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Approvals for construction of flats, townhouses, semi-detached houses near 20-year high.

Tighten pension rules, says FSC chief

by AAP
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Newly minted Financial Services Council chief says govt should raise super access age.

Big companies need to spend: Deloitte

by AAP
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Record high unused cash reserves are leading to underperformance, firm says.

Another hit to household hip pockets

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The combination of a soft terms of trade and rising unemployment will ensure weak wage growth continues to weigh on households.

Wage growth slows to new annual low

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Official data shows wages grow at slowest annual rate, lifting 2.5% in year to December.

A neat fix to the politics of infrastructure funding

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To win back trust, state governments need to shake up the way infrastructure projects are funded and to make the process more accessible to individual investors.

Radical welfare overhaul on cards

by AAP
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Govt review urges overhaul of welfare payments, crackdown on disability pension eligibility.

Granite and frozen berries – at the front line of the cost problem

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High costs price Australia out of the game when it comes to globally-traded commodities such as frozen berries and granite. And that won't change any time soon.

Treasury head warns on rising debt

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John Fraser says lower dollar can't solve economy's ills alone, tempers growth expectations.

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