The famed Loro Piana wool bale will produce just 40 of the world's most sought-after suits.
MARK MULLIGAN 4:21pm Falling real incomes in Australia and global growth concerns are undermining corporate and consumer confidence and put at risk the government’s fiscal objectives, a conference heard on Monday.
Julie-anne Sprague 6:23pm Billionaire Perth-based businessman Kerry Stokes says economic conditions in his home state are the worst in nearly 25 years.
MICHAEL PASCOE 1:29pm Unfortunately economics isn’t as simple as the average minister for employment might make out.
12:36pm NSW has knocked off Western Australia as the country's strongest economy, as the glow of the mining investment boom continues to fade.
MARK MULLIGAN 1:23pm The unemployment rate in Australia may not peak until the end of next year or early 2016, forcing the Reserve Bank of Australia to cut the cash rate from the current 2.5 per cent, according to Deutsche Bank.
6:42am What's on in the world of business this week.
SALLY ROSE Across talkback radio, editorial columns, twitter, and stock forums this week, market watchers have been a abuzz with their views on Reserve Bank of Australia assistant governor Guy Debelle's warning that financial markets could be headed for a "violent" adjustment.
James Chessell Rupert Murdoch used an after-dinner speech to the world’s most powerful finance ministers to argue against the widespread quantitative easing adopted by central banks, arguing the policy was increasing the gap between rich and poor.
Foreign buyers are flocking to buy Australian property, snapping up one out of every six new homes.
Stephen Cauchi Consumer confidence has risen marginally, from 94.0 in September to 94.8 in October.
Jenny Wiggins The chief executive of Abertis, one of the world’s largest tollroad managers, has questioned the Australian Competition and Consumer Commission’s decision to allow Transurban to buy Queensland Motorways in a $7 billion deal earlier this year due to the Australian company’s dominance of the local market.
HEATH ASTON Forty of Australia's biggest companies will be asked to explain their tax affairs to a Senate committee investigating corporate tax avoidance.
PATRICK COMMINS Thanks to their houses, Australians are the richest people in the world, according to the investment bank Credit Suisse.
Matthew Knott, Liam Mannix US-style industry schools will come to Australia as part of an Abbott government trial that will see big businesses contribute to the school curriculum.
Australian business confidence has taken a dive in the face of tough trading conditions and dwindling profits.
VESNA POLJAK Citigroup Australia boss Stephen Roberts believes Australia’s presidency of the Group of 20 will go down as one of the most successful stewardships of the global forum because of Treasurer Joe Hockey’s ability to keep discussions focused to a few important issues.
BELLINDA KONTOMINAS As Sydney house prices skyrocket and traffic congestion worsens, some enterprising workers are moving north to seek the lifestyle they want in Queensland while continuing their careers in NSW.
JARED LYNCH Don't blame a high Australian dollar for the demise of the country's manufacturing sector.
BRIAN ROBINS The competition watchdog, the ACCC, has thrown its weight behind the privatisation of Snowy Hydro.
Scott Parker Following a year of red-hot property gains investors may have finally had enough, with a new survey suggesting sentiment toward investing in residential property has turned from buying to selling.
Julie-anne Sprague WA Premier Colin Barnett has delivered a stinging rebuke to BHP Billiton and Rio Tinto, telling the mining giants to "remember who your landlord is".
Low interest rates are doing what they are meant to do - boost housing prices, Reserve Bank official Luci Ellis says.
MARK MULLIGAN At what point is the Australian dollar giving “fair value” and how do we arrive at that magic number?
John Kehoe Treasurer Joe Hockey has signalled that market participants may be charged a fee to access data provided by the Australian Bureau of Statistics (ABS) as he blamed Labor's budget cuts for dodgy job figures produced by the agency
MARK MULLIGAN Australia's jobless rate hit 6.1 per cent in September, according to the Australian Bureau of Statistics, which has come under fire this week for the veracity of its data.
GARETH HUTCHENS Australians have been fed a “statistical furphy” about the unemployment rate.
Australia's official statistician is making changes to employment figures for the past three months that, on the face of it, would show far fewer jobs created in August than first reported.
Stephen Cauchi Kathmandu, Graincorp and Leighton Holdings are among the companies most likely to be adversely affected by the falling Australian dollar, according to research conducted by Credit Suisse.
GARETH HUTCHENS The Reserve Bank has been talking about surging house prices for months but Glenn Stevens barely mentioned them.
MALCOLM MAIDEN The Australian dollar fell on the Reserve Bank's announcement that its cash rate is still on hold at 2.5 per cent because two crucial pieces of language were essentially unchanged.
MARK MULLIGAN The Reserve Bank of Australia on Tuesday left the cash rate unchanged at 2.5 per cent, where it has been since last August.
Falling commodity prices will hurt Australian government efforts to rein in its budget deficit, spurring possible new savings measures, Treasurer Joe Hockey said.
Activity in Australia's construction industry is expanding at its fastest pace in nine years, with house building leading the way.
MATT WADE Sydney has the potential to follow London and New York in becoming a hub for the burgeoning financial services technology sector. But it also warns the increasing overlap between financial services and new technologies could disrupt many big local employers.
Mark Mulligan and Stephen Cauchi Attempts by the Reserve Bank of Australia to talk down what it sees as overpriced housing markets in Sydney and Melbourne have had some impact, according to estate agents.
Job advertisement numbers rose for a fourth consecutive month, an encouraging sign that the labour market is improving after unemployment hit a 12 year high in July.
ROSE POWELL Is there is a Mark Zuckerberg hiding somewhere in Australia? A young upstart with a game-changing idea that could become a multibillion dollar technology business like Facebook? Accel Partners has spent almost $US200 million ($227 million) trying to find out.
Michael Koziol and Alana Schetzer One of the nation's largest real estate agents has warned the Reserve Bank of Australia against putting limits on home loans.
New home sales have rebounded, suggesting construction will remain strong into 2015.
Activity in the services sector has fallen for the seventh consecutive month, but there are signs that it might be getting ready for a recovery.
Sales of new homes in Australia rose 3.3 per cent in August, partially reversing a fall in the previous month to remain at a historically high level, an industry survey showed on Friday.
James Eyers and Gareth Hutchens ANZ chief executive Mike Smith says home buyers must heed warnings that property prices can fall and is unperturbed about the prospect of central bank intervention to curb lending, saying such action would only be taken for a "good reason".
Heath Aston and Georgia Wilkins The heads of Australia's biggest companies and foreign multinationals, including Apple, Google and coal miner Glencore, are expected to be hauled in front of a parliamentary inquiry into tax avoidance.
MARK MULLIGAN Australia's trade deficit continued to narrow in August, as the value of exports fell less than those of imports.
Gareth Hutchens and AAP New regulations to curb some of the investor froth in the housing market look set to be introduced before the end of the year.
Approvals for the construction of new homes rose 3.0 per cent across Australia in August, official figures show.
MISA HAN It's a phrase you're likely to hear a lot of in the next little while, because "macroprudential tools" are back on the economic agenda. But what does that actually mean?
EMMA KELLY ACT retailers experienced the second-largest slump in trade in August as public service job cuts continue to pull back spending.
Alana Schetzer, Scott Parker and Lisa Visentin The plummeting Australian dollar may be causing woes for intrepid Australians travelling abroad, but for the domestic tourism industry it is good news.
MARK MULLIGAN Shoppers stayed at home in August according to Australian Bureau of Statistics retail data released on Wednesday that showed turnover in the sector rose a paltry 0.1 per cent in the month, falling well short of market expectations.