Overvalued dollar won't influence RBA on rates
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...
Dollar 5¢ too high, Reserve believes
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...
Original mining tax 'would cost billions'
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.
Swan critical of currency order
Peter Martin Group of Twenty finance ministers have pledged to avoid a global currency war.
Rio paid no mining tax
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
Mining tax: how Canberra got diddled
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.
Rates on hold but RBA open to future cuts
Peter Martin The Reserve Bank is on standby to cut interest rates once again if the economy falters.
Reserve to take hand off rate tiller for now
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.
Openings dry up as woes spread
Peter Martin Australia's jobs market is sliding, with lay-offs providing a sobering start to the year.
Blackrock gives thumbs up to local economy
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.
Rising iron ore prices could put budget surplus back on track
Peter Martin AN UNEXPECTED surge in the global iron ore price has put the budget surplus back within reach.
Growth expected to continue, but at a sedate pace
Peter Martin All the economists on BusinessDay's panel expect a record 22th year of continuous growth - but it will be weak.
A Keen eye on the global economy: how our forecasters fared
Peter Martin The equivalent of five more rate cuts was unthinkable, except for Steve Keen.
Interest rates to hit 100-year low, ANZ forecasts
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...
Four more rate cuts in 2013: ANZ
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...
Investors abandon the banks in favour of shares and property
Peter Martin and Gareth Hutchens Australians are ditching banks and ploughing their savings into real estate and shares.
'Shape-shifters' face scrutiny
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
ANZ's chance to strike a low blow against rivals
Peter Martin Here's some free advice for the ANZ. Eviscerate your competition when you set mortgage rates.
Low interest rates the 'new normal', doubts on surplus
Peter Martin Official figures show collapsing export prices have knocked the stuffing out of economic growth.
Breathe easy: low rates set to linger
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...
