G20

'No surprises' on monetary policy says Treasurer Joe Hockey

Glenda Kwek Australia's federal Treasurer Joe Hockey has flagged a "no surprises" approach to monetary policy, raising the prospect of coordination between central banks so they have "reasonable warning" ahead...

Economy

Turkey pleads for coordinated global stimulus wind-down

G20

Glenda Kwek Turkey has called on developed countries to coordinate their wind-down of stimulus to reduce the impact on emerging markets.

Regulation

OECD tax chief hoses tech fears

AFR. 20/02/2014. Pascal Saint-Amans OECD Tax Chief. Photos Chris Pearce

Nassim Khadem Pascal Saint-Amans says he had never seen such political appetite for change.

G20

Business leaders call for $US57 trillion world infrastructure injection

121030 afr telstra pic josh robenstone
david thodey at telstra meeting in melbourne
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Glenda Kwek International governments urged to unlock $US57 trillion of funding over the next two decades.

Economy

Don't cut too quickly, IMF warns advanced economies

IMF chief Christine Lagarde talks during a press conference on November 4, 2011 on the last day of the G20 Summit of Heads of State and Government in Cannes. World economic powers will attempt to kickstart the global economy on November 4 by boosting funds to fight the debt crisis and encouraging consumers to spend their way out of a threatened recession.       AFP PHOTO / SEBASTIEN NOGIER

Advanced economies, including the United States, must avoid pulling back stimulus too quickly given the weak global economic recovery and recent market volatility highlights key risks in some...

Richard Goyder warns on negative chatter

NEWS  -  Richard Goyder, Managing Director of Wesfarmers after their press conference in their offices in Perth.

Eli Greenblat Wesfarmers chief Richard Goyder says he has faced ''incredibly pessimistic'' sentiment in Australia since returning last month from the World Economic Forum in Davos, with the recent spate of factory...

Economy

Wages growth weakest in 16 years

MONEY 040219 AFR .PICTURE BY Gabriele Charotte / afrphotos.com   GENERIC money, purse, savings, bank, atm, economy, interest rates, home loan, wages, salary, superannuation, bills, notes, pay, coins, investment, share market, sharemarket, stock exchange, trading, shares, funds  , fifty-dollar notes, wallet, $50-dollar bills, cash. 50 dollar notes. 50 dollars
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Garry Shilson-Josling The reason for the slowdown in wages is obvious.

Manufacturing

Alcoa closure to weigh on Victorian economy

Alcoa Plant at Point Henry in Geelong. Workers Barry Knight, Michael Muston and Kevin Heinrich.

Brian Robins Victoria hit with another heavy round of job losses, with Alcoa pulling plug on ageing Point Henry aluminium smelter.

Rates

Four takeaways from the RBA February board meeting minutes

STEVENS.AFR.30 JULY 2013.Photo by ROB HOMER ....... governor of the reserve bank GLENN STEVENS speaking at an anika foundation luncheon at the four seasons hotel today.

Glenda Kwek The Reserve Bank of Australia has released the minutes to its latest board meeting. Here are four things from the February minutes that you need to know.

Economy

Lower dollar working but inflation questions remain, say RBA

RBA

The Reserve Bank of Australia says the local economy is gaining strength thanks to the falling Australian dollar and the impact of previous interest rate cuts.

Healthcare

Car industry fallout 'already here', says condom maker Ansell

ANSELL GLOVES

Jessica Gardiner Ansell chief says the automotive manufacturers have begun to cut back on purchases.

Small business

'Deeply depressed' profits keep small business cautious: ACCI

Businesses are hopeful that better times are ahead, but at the moment small firms in particular are facing an upward struggle.

Rates

Rising interest rate predictions stoke fears for Australia's recovery

Australian dollar banknotes of various denominations are counted in an arranged photograph in Melbourne, Australia, on Saturday, Aug. 17, 2013. Australia?s dollar rose to a three-week high on speculation minutes tomorrow of the Reserve Bank?s meeting this month will signal the central bank is in no hurry to cut interest rates. Photographer: Carla Gottgens/Bloomberg

Glenda Kwek The expectations of rising interest rates in developed countries has sparked concerns emerging markets could slow Australia's non-mining economic recovery.

Economy

Australia yet to sign tax swap deal

Illustration: Simon Bosch.

Georgia Wilkins, Ben Butler Australia is yet to sign an agreement to swap tax information due to be endorsed next weekend.

Economy

Grim days ahead for scrap metal merchants

METAL RECYCLERS.

Tim Binsted Recyclers paint a bearish picture of the economy, and manufacturing in particular.

Economy

Bulls and bears butt heads over Australia's uncertain financial future

Bull, Bear.

Glenda Kwek 'If all the economists were laid end to end, they would never reach a conclusion'.

RBA's Kent jawbones dollar (gently)

Dollar coin.

RBA assistant governor Christopher Kent says there are good reasons why the dollar has fallen over the past year - but stops short of declaring that it needs to fall any further.

Economy

Jobs Australia's 'Achilles heel' as inflation worries keep rates on hold

employment

Glenda Kwek The jobs market is fast becoming the "Achilles heel" of the Australian economy.

Jobs

Unemployment rate worst in 10 years

unemployment

Glenda Kwek The jobless rate has shot up to its highest level in more than a decade, underscoring the weakness in the labour market.

Communications

Telstra tipped to outsource another 1000 Australian jobs

Fairfrax; 68034; AFR; 070730; Page 1; Call centre generic photograph; Photo by Sean Davey; sad070730.001.001.jpg

David Ramli and Paul Smith Telstra could outsource as many as 1000 jobs to the Philippines and India following a review by two management consulting firms.