We could buy our own, but that might imply caring too much. So we steal yours.
BIANCA HARTGE-HAZELMAN 11:35pm One of the country's more bearish investment experts has warned baby boomers that their retirement savings are at risk.
MARK MULLIGAN 7:29pm Further interest rate cuts risk intensifying dangerous imbalances already building in the economy.
MARK MULLIGAN 11:02am House prices relative to income are close to historic highs in Australia, and it’s not just Sydneysiders stretching their finances to get into the property market.
9:46am The federal government is being urged to use its May budget to boost the economy, after Australia's manufacturing sector shrank for the third straight month.
MARK MULLIGAN The sluggish pace of Australia's economic rebalancing that has been confirmed in recent data could bring on a second cut in the cash rate in as many months on Tuesday.
ROSS GITTINS What's the difference between a census – a full count – and a sample survey? The census will always be superior, right? Not really.
MATT WADE A new dimension of workplace discrimination has been exposed: the gay pay gap.
CLANCY YEATES Generous tax breaks for superannuation and "middle-class welfare" must be debated as part of the government's attempt to fix deep-seated budget problems, new Treasury Secretary John Fraser says.
MICHAEL PASCOE Yesterday the Australian Bureau of Statistics ratified the Reserve Bank’s decision to cut interest rates and set the RBA up to do it again, perhaps as soon as Tuesday.
Christopher Condon and Steve Matthews Janet Yellen was forced to defend the Federal Reserve against accusations that it's politically partial to the Obama administration and liberal groups during heated exchanges with Republican members of Congress.
Michael Heath and Enda Curran China's economy looks headed for a soft landing. At least that's what BHP Billiton and Australia's central bank chief Glenn Stevens are signaling 5,600 kilometres away. While China's growth has slowed, the best estimate of Aussie exporters and policy makers is that housing demand from the migration of rural Chinese to cities will help avert an abrupt further slump in expansion.
MARK MULLIGAN The chance of a second cash rate cut as early as next week intensified on Thursday after fresh data showed imbalances in the Australian economy are worse than expected.
MICHAEL PASCOE The global rush to cash in on China's rampant demand for milk has only just begun.
Australia plans to charge fees to foreign nationals buying residential property and fine those who break foreign investment laws, in an attempt to improve housing affordability amid some of the world's highest property prices.
MARK MULLIGAN Building and engineering activity slipped again in the three months of last year as the wind-down in resources-related construction continued to drag on the Australian economy.
MARK MULLIGAN Wage growth has dropped to its lowest level since the current data series began in 1997, adding to chances that the Reserve Bank of Australia will cut interest rates again.
Vanessa Desloires A wave of monetary easing is sweeping the globe as countries fight the threat of deflation. Here's a list of all the central banks that have cut rates in 2015.
MARK MULLIGAN Private-sector spending on plant and equipment should partly offset a further decline in resource-related engineering works and softness in non-residential construction, according to previews of this week’s all-important capital expenditure data.
MARK MULLIGAN Lower interest rates may do nothing more than further inflate house prices, says economist Saul Eslake.
Patrick Durkin Australia Post is set to deliver its first ever full-year loss, after posting a $98 million first-half profit, down 56 per cent on the previous year.
MICHAEL PASCOE You know the story about first home buyers squeezed out of the market, forever beaten at auctions, sometimes spun with an undertone of foreigners robbing “our children” of their birthright? It’s rubbish.
ROSS GITTINS The trouble with the way the media report developments in the labour market from one month to the next is that we don't get a sense of the major shifts that occur over time.
MICHAEL PASCOE If you happened to be paying in Hong Kong dollars, Sydney house prices fell by 10 per cent in the past half year.
MAX MASON The Reserve Bank of Australia has been one of the biggest cheerleaders in pushing for a recovery in retail spending to help fill that gap left by the tailing off of the resources boom.
February's rate cut appears to be fanning flames in the already overheated property markets of Sydney and Melbourne.
Rachel Evans The minutes from the US Federal Reserve's meeting last month have foreign-exchange traders wondering whether the central bank's chairwoman Janet Yellen has joined the currency wars.
MARK MULLIGAN Despite the low Australian dollar, record low interest rates and a growth rate that if not sterling is still better than much of the developed world, business and consumer confidence remains subdued at best.
MARK MULLIGAN Wednesday's $6.5 billion tie-up between Japan Post and Toll Holdings should be the first of many services-sector deals to emerge as corporate Australia intensifies its integration into the Asian region, Trade and Investment Minister Andrew Robb says.
MICHAEL PASCOE If all else fails, a Prime Minister desperate for a reboot instead of the boot could try running a government based on fiscal integrity.
MARK MULLIGAN Australia might need a recession to focus political minds on the growing imbalances in the economy, according to a former Treasury official now heading insurer Standard Life's global economics team.
BRIAN ROBINS Residential property prices could spike by 15 per cent if the RBA is forced to cut rates to below 1.5 per cent, economists have warned.
A deteriorating economic outlook sparked the latest interest rate cut, but the Reserve Bank remains concerned about the continued strength of house prices.
STEPHEN CAUCHI The Australian economy is 'sliding down the precipice' due to 'glacial' reform efforts, with a weakness in domestic demand that was 'recession-like', according to a research note from JP Morgan.
BIANCA HARTGE-HAZELMAN Doubts are growing about how effective further rate cuts would be, with households tipped not to feel any more confident about the economy while the risks of asset bubbles grow.
Bianca Hartge-Hazelman A huge week of company profits reporting along with growing expectations of another interest rate cut could get the Australian sharemarket off to a good start this week.
MICHAEL PASCOE Yes, the Reserve Bank cut interest rates because non-mining investment is weaker than previously expected, but what the central bankers avoided telling the House of Representatives economics committee today or mentioning in the monetary policy statement last week is why it's weaker.
Gareth Hutchens and Max Mason The Reserve Bank is warning of “very concerning” developments in Sydney’s property market, where house prices are still running ahead of other capital cities despite the efforts of regulators last year.
Simon Kennedy Building an opera house to stimulate an economy may be an odd idea - though not necessarily a bad one, as a new study shows.
MAX MASON Taking questions from federal politicians and school children in Sydney, RBA governor Glenn Stevens outlined the central bank's case for cutting the official cash rate to a record low and commented on key issues facing the Australian economy.
Vanessa Desloires A new two-speed economy is emerging, driven by a boom in construction while the resources sector winds down - and this time Sydney is the clear economic winner, ANZ research has found.
RBA's ability to influence interest rates has diminished, Glenn Stevens concedes during grim economic outlook
GARETH HUTCHENS The Reserve Bank says the rate of house price growth in Sydney is "concerning," it now expects economic growth to remain 'below-par' for longer than expected, and it believes unemployment will peak higher than first thought.
MAX MASON The Australian dollar and unemployment are likely to be in the spotlight as Reserve Bank of Australia governor Glenn Stevens steps up in front of federal politicians in southern Sydney on Friday.
PETER MARTIN The new head of the Bureau of Statistics has a disarming reply to people who complain that the bureau's unemployment data is unreliable. It's to not rely on it.
MARK MULLIGAN Australia's unemployment rate surged to 6.4 per cent in January, making its surprise fall to 6.1 per cent in December short-lived.
Gareth Hutchens and Clancy Yeates Loans for investment housing skyrocketed almost 20 per cent in the the year to December, and economists warn they will surge higher after the Reserve Bank's surprise interest rate cut to a record low last week.
MARK MULLIGAN Europe's €1.1 trillion ($1.46 trillion) quantitative easing program could help lift the eurozone's growth rate back up above 1 per cent, but won't be enough, the world's biggest fund manager says.
MARK MULLIGAN Consumer sentiment picked up sharply in the first part of February, as cheaper petrol, a surging share market and the Reserve Bank of Australia's first interest rate cut in 18 months buoyed spirits.
GARETH HUTCHENS Australian households are paying far more than people in comparable countries in electricity network charges, with huge discrepancies across different states, a new report has found.
Ruth Liew Genworth posted a $172.7 million statutory net profit for the six months to December, due primarily to lower than expected claims and a strong housing market.