Clancy Yeates

Clancy Yeates

Clancy Yeates reports on banking and finance and is a former Canberra business correspondent.

Investments feel mining slowdown

Mining

Clancy Yeates Business investment comes in slightly higher than expected, but miners are revising down their spending plans, which may be enough to prompt another rate cut.

Mining investment hits record high

Resources

Clancy Yeates Several huge liquefied natural gas projects have pushed committed investment in the resources sector to a record $268 billion, the government's commodity forecaster says.

Resource investments up, projects down

AFR. AFR USE FIRST PLEASE. MINING AFR FIRST USE!!!!! PHOTOGRAPH BY NIC WALKER. COAL, EXPORTS, IMPORTS IN BHP Newcastle, tug boats, Newcastle, trucks, transportation, electricity, power, shipping, Port Waratah. AUSTRALIAN BULK MINERIALS. RESOURCES. SPECIALX SPECIALX 00076789

PHOTOGRAPH BY NIC WALKER

Clancy Yeates Committed investment in the resources sector has reached a new record of $268b, helped by a wave of multibillion-dollar liquefied natural gas projects, official figures show.

Call to toughen anti-dumping enforcement

Dumping of goods on the local market is likely to increase.

Clancy Yeates An official review has found Australia is ''underperforming'' in its bid to prevent foreign companies from selling their goods below cost on the domestic market, and has urged the government to set...

Government needs to stop foreign dumping: report

Clancy Yeates An official review has urged the government to devote more resources to preventing foreign companies from selling their goods below cost in Australia.

Harris to lead Productivity Commission

peter harris

Clancy Yeates Government will appoint Peter Harris as next chairman of Productivity Commission.

Clancy Yeates

Shift-to-thrift warning falls on attentive ears

saving piggy bank

Clancy Yeates Two years ago, when the China boom was gathering momentum and people were talking about ''permanently'' higher commodity prices, Glenn Stevens offered some advice.

RBA aims to restrict taxi cards surcharge

a

Peter Martin, Clancy Yeates THE detested 10 per cent surcharge whacked onto taxi fares for the privilege of paying by a card won't survive the new year if the Reserve Bank gets its way.

End of mining's golden age to leave cracks in pipeline

The Australian economy will face a fresh set of challenges as more miners hang up their hats.

Clancy Yeates The Australian economy will face a fresh set of challenges as more miners hang up their hats.

Aussie moves in elite company

The powerful Australian dollar.

Clancy Yeates and Eric Johnston Business leaders say companies struggling to compete under the high dollar have little choice but to get used to it, as any attempt by the Reserve Bank to take the heat out of the exchange rate is...

IMF to boost status of dollar

Dollar.

Clancy Yeates The International Monetary Fund plans to grant the Australian dollar status as an official reserve currency, in a move that threatens to put further upward pressure on the already high exchange rate.

Comments 13

Government approves 'kill switch' power on high-speed trading

Switch

Clancy Yeates Federal government approves new rules clamping down on high-frequency share trading.

Aussie dollar set to join the big league

Foreign holdings of Australian government debt have slipped from record highs.

Clancy Yeates The Australian dollar looks set to be classified as an official reserve currency by the International Monetary Fund, in a sign of the dollar's rising importance.

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Clancy Yeates

Feds, states, business all guilty of GST porkies

Clancy Yeates

Clancy Yeates Few economic issues spark hysteria and misinformation like the GST debate, an age-old stoush that is rearing its head yet again.

IMF calls for big bank buffer

The International Monetary Fund says the big four banks should be forced to hold more capital.

Clancy Yeates The International Monetary Fund says the big four banks should be forced to hold more capital.

Big banks highly profitable, guaranteed: IMF

High and mighty ... the big four are among the highest-rated banks in the world.

Clancy Yeates The IMF has ranked the banking sector as one of the most concentrated in the world, saying this dominance is one reason the banks are so profitable.

Not-for-profit funds push for more transparency on deals, salaries

The super industry would be forced to disclose all transactions between funds and related parties under a plan for sweeping change.

Clancy Yeates The superannuation industry may be forced to disclose all transactions between funds and related parties.

Call for transparency on fund manager pay

pay

Clancy Yeates The $1.4 trillion superannuation industry would be forced to disclose all transactions between funds and related parties, under a call for sweeping change from the union-linked sector.

Hopes rise for retail recovery

Cash register.

Clancy Yeates and Eli Greenblat Deep cuts in interest rates appear to be finally gaining traction with consumers, raising hopes of a long-awaited retail recovery in the crucial run-up to Christmas.

Offshore funding a weak spot for economy: NAB

Cameron Clyne

Clancy Yeates The nation's banks are ill-equipped to finance a looming pipeline of critical infrastructure due to their reliance on volatile foreign funding markets, NAB chief executive Cameron Clyne says.