Australian News

Making sense of mixed fortunes in business investment

A modest rise in capital expenditure has surprised the market, but declines in mining and manufacturing will continue to weigh on the Reserve Bank's outlook.

A powerful argument to privatise poles and wires

A new benchmarking study finds that the Victorian and South Australian power distribution networks are the most efficient.

Capex beats expectations in Q3

Equipment, machinery spending boosts Sept quarter capex, against analyst expectations of a fall.

There is no housing bubble: BoQ

Lender points to divergence in national housing market, urges quick action on Murray report.

New home sales climb 3% in Oct

by AAP
Nation on track to build record number of new homes.

Pre-Christmas spending slows: CBA

by AAP
New data shows economy-wide spending growth has slumped to lowest level in two years.

Shorten commits Labor to China bank

by AAP
Shorten says Labor government will sign up to China-led Asian Infrastructure Bank.

Resources spending will fall further: govt

Government commodities forecaster said it expects investment to slacken in coming years.

Construction work slips in Q3

Official data shows construction work fell 2.2% in the September quarter, down 5.1% for the year.

Harper Review would weaken cartel laws: ACCC

ACCC outlines 'significant reservations' with competition review, sees higher costs for govt, business.

The keys to ensuring Australia’s economic future

Australians are slowly beginning to realise that the salad days of the mining boom are over, but what comes next?

Go easy on budget in near term: OECD

by AAP
OECD warns Australian government not to make "heavy-handed" budget cuts.

How Sydney determines our national housing policy

While hundreds of micro-markets exist within Australia's property market, irrational activity in Sydney will continue to set the agenda when it comes to housing policy.

Aussies to spend $30b this Christmas

by AAP
Apple products and gaming consoles expected to top Christmas wishlists.

Is the AER about to give Baird an early Christmas present?

1 comment
The energy regulator is set to announce a decision that will impact on moves to further privatise Australia’s electricity distribution network.

The state of Victoria's economy

What are the economic issues Victorians are worried about heading into the election? In this video, Terry McCrann explains the factors to look out for.

Prognosis is for a healthy profit from the Medibank float

1 comment
The success of the Medibank float has whetted the government's appetite for the privatisation of more state assets.

Medibank: a few winners, many losers

At first glance the privatisation of Medibank might look like a good deal but on closer inspection it's actually a bit of a shocker for taxpayers.

AMP Capital warns on bank stress: report

Firm’s head of credit markets says big banks not ready for a major housing crisis.

Aust likely to join China bank: Robb

by AAP
Trade minister says deal on governance provisions will see Aust join infrastructure bank.