Australian News

Goldman steps back from rate cut call

Investment bank tips rates won't be hiked before Q4, 2015 as it removes earlier forecast.

Nine ways to fix the budget: the responses

Here's what the experts had to say.

The RBA plays a dangerous game with its dollar bet

Despite its best efforts, the RBA still hasn't been able to lower the exchange rate. Glenn Stevens better figure out how to drive the dollar down before mining investment collapses.

Dollar will fall at some point: RBA

by AAP
Stevens says Aust still attractive to investors, warns jobless rate won't fall for a while.

Cut company tax rate: Edwards

RBA board member says there is a need to consider competitiveness of tax system.

Treasury sinks budget crisis talk

Treasury numbers suggest crisis talk overhyped as 98.9 per cent of ­measures are already legislated.

UN warns on Aust housing bubble

by AAP
Report says asset bubble in the market must be 'closely monitored' amid 'sluggish' GDP outlook.

The RBA is stuck in policy limbo

A collapse in mining investment is sure to shock the economy, but its timing and size remain a mystery to the Reserve Bank. However, the release of capital expenditure figures in coming days may dramatically reshape its outlook.

G20 must tackle financial risks: CEDA

Think tank says plans for climate change, taxation and financial reform must come from G20 Summit.

House price growth to slow: Stockland

by AAP
Property developer tips 'healthy' property market despite price growth slowing to 1%.

High-speed rail may receive Japanese backing

Talks underway with rail giants over financial models to make high-speed rail viable in Australia.

Costello joins ASIC advisory board

Peter Costello, John Laker and Maile Carnegie join corporate regulator's advisory board.

Govt open to budget alternatives: Abbott

by AAP
1 comment
PM flags flexibility on contested measures, says some crossbencher proposals 'didn't stack up'.

New car sales fall in July

Australian Bureau of Statistics data show a slip in new motor vehicle sales in the month.

Abbott must abandon his misguided war on the young and poor

It means nothing for the Coalition to say that it supports growth while failing dismally at the task of creating a coherent economic policy. Here’s hoping the government injects some common sense into the budget.

Australia's coming coal firestorm

China's shift in energy generation is bad news for our coal exports, but a whole new relationship is set to develop if Australia is prepared to embrace the new paradigms.

Sovereign risk a concern: Robb

Trade minister warns foreign investment could take hit if Senate blockade not resolved soon.

CBA cuts mortgage rates: report

Bank announces cuts to three and four-year fixed mortgage rates, now equal with NAB, ANZ.

Sydney property ‘too hot’: Walker

Property billionaire Lang Walker cautions on housing market in nation’s largest cities.

Senate jam a sovereign risk: Robb

Trade minister warns of sovereign risk concerns if Senate blockade continues.