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Glenda Kwek Australians’ living standards are set to grow at a ‘‘significantly slower’’ pace over the next decade than in the past five decades, a senior Treasury official says.
Billionaire businessman Solomon Lew has called on the new federal government to tighten the GST exemption for goods bought online from overseas.
Peter Martin Economic growth is set to steadily climb in the two years ahead, housing investment will accelerate, and mining export volumes will grow strongly as prices fall sharply.
Eric Johnston Former Commonwealth Bank of Australia chief David Murray was late Wednesday named as the head of the Abbott Government's "root and branch" review of Australia's financial system.
Treasurer Joe Hockey responds to OECD report.
Growth in advanced economies will pick up speed this year and next, but mostly at a slower pace than forecast as new risks loom, especially from emerging economies, the OECD says.
The federal government has been urged to avoid any additional tightening in fiscal policy while Australia's economic growth remains moderate.
Glenda Kwek The Reserve Bank has signalled a willingness to sit on the sidelines as it waits for the "stimulatory effects" of previous interest rate cuts to flow through to the economy, but has left open the...
A look at the week ahead in Australian business.
Weaker American manufacturing data, bolstering the case for delaying the wind-back of stimulus in the US, is helping the Australian dollar.
Nassim Khadem Australian house prices are being fuelled by Asian buyers, says US Federal Reserve member Richard Fisher, adding the market is ''robust''.
Phillip Dorling WikiLeaks has exposed details of secret trade negotiations that could leave Australians paying more for drugs and medicines, movies, computer games and software, and be placed under surveillance as...
Glenda Kwek Optimism about the booming housing market has lifted consumer confidence to its second-highest level in almost three years, but a weak jobs market remains a concern, a private survey has found.
Glenda Kwek Business confidence has fallen back towards its pre-election levels as optimism fades and conditions remain weak, a survey finds.
A jump in the number of new home loans is another sign that interest rate cuts are starting to work, but not for first-home buyers.
Michael Pascoe The good news is the RBA thinks economic growth has bottomed, the bad news is that growth won’t accelerate until early 2015.
Glenda Kwek The Reserve Bank uses its latest statement to jawbone the dollar again, as it trims its growth forecast amid lower mining investment.
The US Federal Reserve’s “extremely expansionary monetary policy" can create problems for smaller economies, says the RBA's Guy Debelle.
Glenda Kwek The jobless rate has remained stable as the labour market softens amid a transition towards non-mining led growth.
Recovery in the housing market has seen the construction sector expand for the first time in more than three years.