Business

The Economy

The Aussie's ascent could start to hamper the country's transition away from a mining-boom-dependent economy.

Aussie gives RBA a rate hike it doesn't want

Companies fretting over talk of interest-rate hikes could be feeling like they've just had one -- thanks to a spiralling currency. The Aussie's ascent could start to hamper the country's transition away from a mining-boom-dependent economy.

President Xi Jinping's government is aiming for economic growth of around 6.5 per cent in 2017.

Chinese growth tops forecasts on strong investment, consumption

China's economy grew faster than expected in the second quarter as industrial output and consumption picked up and investment remained strong, though analysts expect slower growth over the rest of the year as policymakers seek to reduce financial risk.

The LNG plant at Gladstone in Queensland.

Australia falls behind Cameroon, Burkina Faso on tax

Australia is set to become the world's largest exporter of gas but its level of resource tax transparency falls behind Burkina Faso, Cameroon and Mongolia, a new global report has found, as the country forfeits billions of dollars in tax to multinational mining giants.

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