Australian News

Chinese developers dismiss house price fears

Leading developers say claims Asian investors inflating Aust property prices are flawed: report.

Business slams PUP-Greens pact

Business groups say deal to block environmental approval reforms threatens 70,000 jobs.

Commodity prices fall 2.4% in September: RBA

by AAP
Average prices now 37 per cent below their peak three years ago.

ACCC wants toll roads, lower fuel taxes

by AAP
Consumer watchdog chairman wants toll roads to fund new roads, lower fuel tax.

Retail sales miss expectations

ABS data shows retail sales continue to grow in August, but fall short of forecasts.

Manufacturing sector slows in Sept

AiG survey shows activity in manufacturing sector contracts further in September.

Can China rescue its rapidly cooling property market?

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As China announces the most aggressive easing of property restrictions to date, analysts remain divided about the potential impact of the measures.

How much damage will the US dollar do?

A surging greenback will likely see increasing market volatility around the globe, but in Australia we could also see the broader economy take a sizeable hit.

Australia: land of the free … and indebted

The only significant economic intervention in our open economy is monetary policy, which ultimately results in higher house prices and debt. This is unlikely to change any time soon.

RBA blamed for housing speculation

Warwick McKibbin links bank’s ultra-low rate policy to surging property speculation.

Online spending growth slows: NAB

by AAP
Monthly NAB survey of online sales show sales up 8.3% on year, but rate of growth slowing.

Why investors are losing faith in Australia

The US, UK and New Zealand are surging ahead while we in Australia continue to obsess over the perpetual downturn.

Iron ore price hits new five-year low

Commodity sinks below $US78 a tonne, former Rio Tinto boss predicts continued weakness.

House prices flatten in September: report

by AAP
Private data report shows house prices cooled in September after 7-year strong winter gains.

Hockey and the G20 are headed for promise fatigue

The G20 is great at making promises but not so good at keeping them. Australia's performance is like a curate's egg: good in parts; rotten in others.

Caution urged on housing tools

Former US Fed governor says new options to slow house price growth could prove risky: report.

KGB Interview: Richard Goyder

Wesfarmers chief executive and B20 chair Richard Goyder discusses the importance of B20 and how Wesfarmers is on the hunt for buying opportunities.

Joyce challenges competition review

Agriculture Minister wants tougher laws to fight alleged misuse of market power: report.

Weekend Economist: Where prudence lives

If you examine the balance sheet of the average Australian household, it becomes harder to argue for fresh APRA initiatives.

CEO pay study shows we're a tolerant lot on inequality

Surprisingly, Australians seem to be far more comfortable with unequal pay outcomes than most other nations.