Michael Pascoe

On the budget and the economy, Joe Hockey is faking it

Michael Pascoe Comment: The treasurer is giving the politics of the budget precedence over the welfare of the economy.


Housing recovery gains steam as building approvals soar

Detached housing

Glenda Kwek Building approvals have jumped to their highest monthly growth in more than a decade, with strong rises for both detached houses and apartments, as Australians continue to take advantage of record...


Fruit and veg will keep RBA on the sidelines and interest rates on hold

Fresh fruit and vegetables.

Glenda Kwek Amid another round of very mixed economic data, it's a the rise in consumer prices, including fruits and vegetables, that is set to keep the Reserve Bank sitting on the sidelines.


Job ads show strong growth in February

Public sector job prospects in the ACT collapsed last year.

Glenda Kwek Job advertisements have risen strongly in February after a flat start to the year.


'Worrying signs': inflation lifts again as fruit and vegetable prices rise

Wangi Wangi IGA Supermarket

Wangi Wangi IGA Supermarket. One of the supermarket's managers, Dean Gardner, tends to the fruit and veg display. For ad feature on Wangi Wangi. Nov 2013. Picture by David Stewart

Glenda Kwek Australian consumers had to shell out more for fruits and vegetables in February as inflation rose again.


Sydney presses on as house price growth takes a breather

house for sale

Glenda Kwek Sydney home prices have continued to rise in February, despite an overall flat month for the Australian market.


Australian manufacturing takes another backward step

Bluescope Steel manufacturing plant at Port Kembla.  generic steel coil farm on the production line. industry, workers, colourbond. Wednesday 8th June 2011 AFR photo Louie Douvis job# 147927

Glenda Kwek Australian manufacturing activity has slowed for the fourth straight month.


We're now a nation of rent-seekers

Ross Gittins dinkus

Ross Gittins In an ever more complex world, governments seek to consult self-serving 'stakeholders' before implementing policy changes.


RBA not likely to be rushed into rate shift

Reserve Bank of Australia building

Bianca Hartge-Hazelman The Reserve Bank is expected to leave the cash rate on hold on Tuesday, despite concerns about weakness in the domestic economy and bigger problems ahead for the Australian labour market.


China manufacturing at lowest in eight months


A Chinese manufacturing gauge fell to an eight-month low in February, adding to headwinds for growth.


GDP forecasts cut as Australian businesses' spending intentions fall


Glenda Kwek Australian businesses' spending plans have recorded their biggest fall since the GFC.


New headache for RBA as business spending expectations fall

An employee of Electrolux.

Glenda Kwek The Reserve Bank of Australia is facing a new headache as a big drop in company spending adds to the evidence that the rest of the Australian economy is struggling to take up the slack from the...


Housing construction weak despite fertile conditions

Home building

Glenda Kwek Housing construction fell towards the end of the last year amid signs that the economy is taking longer than expected to rebalance as the mining investment boom fades.

The truth behind Tony Abbott's anti-union push

Ross Gittins dinkus

Ross Gittins If you were a conspiracy theorist it would be easy to see Tony Abbott's actions against unions as revealing his true dastardly intentions.


BHP Billiton CEO Andrew Mackenzie: Economy is sound

BHP Billiton CEO, Andrew Mackenzie speaks at Sofitel in Melbourne.

Peter Ker BHP Billiton boss Andrew Mackenzie says he is optimistic about Australia's economic prospects.


G20 nations reject bid to co-ordinate monetary policies

Christine Lagarde

Glenda Kwek Emerging economies blame developed countries for sparking economic and market volatility.


G20 to act to unlock infrastructure investment

G20 Finance Ministers and Central Bank Governors begin their annual meeting in Sydney

Clancy Yeates and Glenda Kwek Finance ministers say they will act to unlock trillions of dollars in infrastructure investment.

G20 Australia

Bank of England governor Mark Carney wants to make banks pay their own way

 Mark Carney

Peter Martin The governor of the Bank of England has told the world's biggest banks to stop whingeing about proposed new capital requirements, saying they've had it too easy for too long.

G20: Lagarde and Yellen prove their mettle

Australia's first woman Governor-General, Quentin Bryce, hosts the first woman Managing Director of the IMF, Christine Lagarde and the first woman Chair of US Federal Reserve, Janet Yellen at a function for G20 Finance Ministers at Admiralty House.

Glenda Kwek When they speak, the world listens. Christine Lagarde and Janet Yellen are not just leaders of their own organisations, but in Sydney this weekend, they will be at the centre of negotiations about...

Hockey unwilling to offer growth target

Treasurer Joe Hockey

Glenda Kwek, Gareth Hutchens Federal Treasurer Joe Hockey has refused to name a target for Australian economic growth despite calling on other Group of 20 nations to agree to an ambitious growth agenda.