Peter Martin THE Reserve Bank believes the Australian dollar is about 5 cents overvalued, but is considered likely to leave interest rates on hold this month after better than expected news on business investment...
Peter Martin Reserve Bank believes the Australian dollar is overvalued by about 5¢, but it is considered likely to leave interest rates on hold this month after better than expected news on business investment...
Peter Martin COLLAPSING commodity prices have hit BHP Billiton and Rio Tinto so badly that if the government had stuck with the original version of its mining tax, it would be up for billions.
Peter Martin Group of Twenty finance ministers have pledged to avoid a global currency war.
Paddy Manning, Peter Martin THE resources giant Rio Tinto paid no mining tax last year, but the new Australian chief executive, Sam Walsh, said the company was ''paying our way''.
Peter Martin When Julia Gillard and Wayne Swan met the heads of the big miners to discuss the tax, the smartest people were kept out of the room.
Peter Martin The Reserve Bank is on standby to cut interest rates once again if the economy falters.
Peter Martin THE Reserve Bank board is set to take a breather on Tuesday after slicing almost $2000 from the annual cost of servicing a typical mortgage over the past year.
Peter Martin Australia's jobs market is sliding, with lay-offs providing a sobering start to the year.
Peter Martin MONTHS after Labor's mining tax, its carbon tax and its fourth successive budget deficit, Australia has been rewarded with an upgrade by the world's biggest fund manager.
Peter Martin AN UNEXPECTED surge in the global iron ore price has put the budget surplus back within reach.
Peter Martin All the economists on BusinessDay's panel expect a record 22th year of continuous growth - but it will be weak.
Peter Martin The equivalent of five more rate cuts was unthinkable, except for Steve Keen.
Peter Martin SHARPLY weaker mining conditions, a "tepid" recovery in the non-mining economy and a collapse in job advertising have prompted ANZ to forecast four more interest rate cuts next year - enough to the...
Peter Martin Sharply weaker mining conditions, a ''tepid'' recovery in the non-mining economy and a collapse in job advertising have prompted the ANZ to forecast four more interest rate cuts next year - enough to...
Peter Martin and Gareth Hutchens Australians are ditching banks and ploughing their savings into real estate and shares.
Peter Martin Starbucks, Google, Apple, eBay and other 'shape-shifting' corporations that route their business through intermediaries in tax havens may soon face an Australian tax from which other corporations...
Peter Martin Here's some free advice for the ANZ. Eviscerate your competition when you set mortgage rates.
Peter Martin Official figures show collapsing export prices have knocked the stuffing out of economic growth.
Peter Martin THE Reserve Bank has predicted an extended period of low interest rates as official figures showed collapsing export prices have knocked the stuffing out of economic growth, cutting it to zero and...