Australian News

Weekend Economist: More than maybe in May

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If the RBA keeps rates on hold, then cuts growth forecasts as few days later, as we expect, it'll be bizarre.

An opportunity for investors in Australia's rebalancing process

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Australia's outlook is characterised by domestic growth rebalancing too slowly, elevated policy risks and slowing growth in China. But there are opportunities for savvy investors.

The Week Ahead

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International events will dominate in the coming week, with a meeting of the Federal Reserve's policymaking committee sure to be the focus of attention.

Budget deficit better than estimated

by AAP
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Federal finances show reduced spending narrowed deficit in first nine months of fiscal year.

Aust living standards falling: study

by AAP
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Per Capita think tank says Australian real wages have declined, more govt investment needed.

A super idea for an election platform

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In the debate around super and tax reform, both political parties have shied away from explicitly addressing issues of fairness and equality of opportunity.

Why we shouldn't be so worried about China buying the farm

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We all know that China invests in Australia but what many don't realise is just how much Australian money is sent to China.

Negative gearing has already been neutered

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In this low interest rate world, negative gearing isn't especially beneficial and messing with it won't fix the budget or improve housing affordability.

Two-speed economy at work: NSW ALP

by AAP
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State opposition warns regional towns lagging well behind growth seen in Sydney.

Australia on course for growth downgrade

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RBA tipped to reduce growth forecasts as prospect of rate cuts remains in focus.

Cold front threatens more havoc

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The clean-up from the NSW storms, which pushed insurance claims close to $200m, will be hit by bad weather this weekend.

Climate change a 'threat': World Bank

by AFP
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Chief says global governments must dig deep to combat 'fundamental threat'.

Economic conditions are top perceived business risk

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Survey of C-suite executives finds economic conditions the top concern.

Age discrimination 'hurts budget'

by AAP
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Workplace bias against over 50s needs to stop, Age Discrimination Commissioner Ryan says.

Foreign property investors boost economy

by AAP
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Strong foreign investor activity in the housing market is propping up the economy: ANZ.

Sparks fly from the Senate electricity report

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The Senate inquiry's draft report into the regulation of Australia's electricity network is generating a lot of heated debate.

Business confidence falls in quarter

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NAB says Aust still a 'patchwork economy' as Q1 survey shows confidence below long-run average.

Australia needs to embrace the Asian property boom

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Australians will have to choose between the Asian-driven apartment boom or lower spending on social services, health and education.

Sales hit by low dollar, budget fears

by AAP
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Consumers show signs of caution as Aust dollar falls and budget worries hit spending.

Weaker Aust dollar lifts CFO sentiment

by AAP
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A softening currency and record low rates provide cheer for Australia's corporate leaders.

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