The Economy


Blockchain and how it will change everything

This technology has everyone from Richard Branson to Glenn Stevens talking.

Malcolm Maiden

Turnbull's NBN is rolling according to plan – the new plan, that is

Malcolm Maiden.

On its own terms, the Turnbull government's national broadband project hits its marks in the December half.

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Peter Martin

RBA dons rose-tinted glasses

Peter Martin dinkus

The Reserve Bank reckons things are on the up and up.

Forget Davos, go to the tennis

Harold Mitchell.

We are laconic and laid back. Perhaps a little too laid back for our own good.

'We should all fear Oilmageddon'

Traders of crude oil and natural gas: A global recession, triggered by lower commodities prices, would leave nowhere to ...

Tracy Alloway   Markets are in a well-oiled "death spiral," analysts at Citigroup say.

Euro zone cuts growth forecast

The growth estimate for this year is a slight downward revision of the 1.8 per cent seen in the last set of forecasts in ...

Jamer Kanter   Euro zone growth will slightly accelerate this year and next, but the pace will be slower in 2016 than previously forecast.

RBA sees faster growth, fewer jobless

The glass remains half full for the RBA.

Michael Heath   The central bank maintains its glass-half full view of the economy even as risks around Australia's key trading partner cast a shadow.

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IMF chief: China can avoid 'hard landing'

Advanced economies should support their economies through accommodative monetary policy and infrastructure spending to ...

David Lawder   But spillovers from China's transition to slower growth will continue to pressure oil and commodity exporters around the globe, IMF chief Christine Lagarde says.

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Business driving ahead despite market jitters

Michael Pascoe

What's going on in the auto showrooms reinforces a key domestic economic story over the second half of this decade.

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Holidays are serious business

Michael Pascoe

It wasn't all bad news in the December trade statistics, but sometimes any excuse will do.

Too early to call the top for property: Goldman

A flood of money out of China in the last six months means that it may be too early to call the top of the property market.

A flood of money out of China in the last six months means that it may be too early to call the top of the property market.

John Addis

Your best investment in 2016? Probably a political donation

It's too easy to sway the tax reform debate in Australia.

The surprising thing is not that this stuff happens, but how little it costs to make it happen.

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Sydney's billion-dollar suburbs revealed

Hanging in there: Sydney home value rose 0.5 per cent in January, partially offsetting the December quarter's decline, ...

Do you live in one of Sydney's billion-dollar neighbourhoods? There are more than you might expect.

Businesses upbeat but volatility a worry

Global volatility remains a caveat over Australian business confidence.

Global turbulence in the new year is the biggest risk for business.

Forget GST: fix the tax system by broadening it

Malcolm Maiden

Malcolm Maiden   There is no single 'Big Fix' for Australia's tax system, however, there are a few smaller things we can do.

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Australia's fiscal deficit billions worse than expected

Secretary of Treasury John Fraser, pictured with Finance Minister Mathias Cormann, has warned it is getting harder to ...

Gareth Hutchens   The combined budgets of our federal and state governments is projected to deteriorate by $34.1 billion more than expected over the next four years, Parliamentary Budget Office figures show.

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Australia export earnings in hole as commodities crater

The iron ore slump has left its mark on Australia's trade balance.

Wayne Cole   As iron prices slide, the nation's trade deficit blew out to a record $32.7 billion last year.

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RBA does nothing, does good

Malcolm Maiden.

Malcolm Maiden   With things as they are in the global economy, watching and waiting is the right call.

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Flexible work a career killer for men

Men using flexible arrangements such as working from home are less likely to be supported by colleagues and management.

Nassim Khadem   Women who are offered flexible working arrangements are more likely to move into senior leadership roles, a new report has found.

McDonald's halves its tax bill

McDonald's has more than halved its 2014 tax bill.

Nassim Khadem   The fast food giant is under fire after sending hundreds of millions of dollars through Singapore.

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Global recession fears ease

Some economists suggest demand for manufacturing in China will remain soft and momentum will continue to slow.

Jessica Sier   Global manufacturing expansion accelerated slightly but remained weak at the start of 2016.

RBA keeps door ajar for rate cut amid turmoil

Glenn Stevens, governor of the Reserve Bank of Australia (RBA), speaks during an economic forum hosted by the Melbourne ...

Jens Meyer   The RBA has kept the cash rate unchanged, choosing to wait and see if financial markets turmoil and a slowdown in China will affect the economy.

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Michael Pascoe

Government spending: a AAA-rated furphy

Michael Pascoe

Michael Pascoe   Truisms about government spending are one of the biggest furphies in the tax debate that we aren't actually having.

Taxing backpackers will hurt jobs, tourism: NFF

Backpackers - who typically are hired to fill low-skilled jobs during labour shortages at peak times - only make an ...

Nassim Khadem   Taxing backpackers will hurt regional jobs and tourism, according to Australia's main farming industry lobby.

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The RBA cut we're still waiting for

Michael Pascoe

Michael Pascoe   Funny thing about the next interest rate cut that the money market thinks will happen by October: it's the rate cut that's been six months away for the past nine months, a forecast that just keeps being extended.

NSW, the state of inequality

In Double Bay, Bellevue Hill, Rose Bay, Vaucluse and in the city's CBD more than 22 per cent of all income goes to the ...

Matt Wade   NSW is Australia's most unequal state and some of Sydney's poshest suburbs are a haven for the 1 per cent

Scope 2016

Budget outlook bleak, say economists

Prime Minister Malcolm Turnbull.

Gareth Hutchens and Peter Martin   Treasurer Scott Morrison faces a bleak economic outlook framing his first budget in May.

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Ross Gittins

Mining won't fall forever

Ross Gittins

Ross Gittins   At some point this year resources will stop being a drag on the rest of the economy.

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Why Rupert is right

Nassim Khadem

Nassim Khadem   On Thursday Rupert Murdoch attacked Google's tax deal with the UK as 'token'. Spot on.

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Scope 2016

Lifting Fed will keep the dollar down

The Aussie weakened after the release of the Fed statement.

Gareth Hutchens   The US Federal Reserve is likely to keep raising interest rates this year, with predictions it could do so up to four time.

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