Eco

Rate rise fears ease on soft inflation numbers

Glenda Kwek Consumer prices were softer-than-expected in the first three months of this year, lowering expectations that an interest rate hike could be on the cards later this year.

Government's frustration on RBA stance 'risks central bank's independence'

Hockey

Vesna Poljak The Abbott government risks undermining the integrity of the Reserve Bank of Australia in conveying its frustration with the RBA's shift to a neutral policy stance that has fuelled a higher value...

Saving

More Aussies breaking their piggy banks

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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The number of households dipping into their savings is at a near 20-year high, which may be a sign of growing optimism about the economy.

Float

Three banks to float Medibank Private

Medibank

Anthony Macdonald The federal government has appointed Deutsche Bank, Goldman Sachs and Macquarie Capital to float private health insurer Medibank Private, after receiving pitches from 11 investment banks.

Eco

Business confidence still high, says NAB

Things are getting better for Australian businesses, with confidence still at elevated levels and trading conditions on the improve.

Property

Meriton founder Harry Triguboff ponders $3b offer from China

Harry Triguboff.

John Stensholt Billionaire Harry Triguboff, born in a White Russian Jewish enclave in China, has spent 50 years building ­Australia's biggest unit company, ­Meriton Apartments.

Eco

Growth to 'slow markedly', says Westpac

Australia's economic growth later this year may not get much stronger, as consumer sentiment and employment expectations remain weak.

Broadband

NBN Co's Bill Morrow lobbies for tax on cherry-pickers

Bill Morrow NBN

David Ramli NBN Co’s new chief executive Bill Morrow will push the federal government to charge a levy against its rivals in densely populated urban areas to pay for building broadband in the bush.

Malcolm Maiden

Reserve Bank learns to live with a high Australian dollar

Generic dollar coins, money, cash, coin, Australian Dollars, currency. Thursday 8th November 2007 AFR photo Louie Douvis  AFR PAGE 1 FIRST USE ONLY SPECIALX 74360        25209520

Malcolm Maiden It's obvious from the minutes of the Reserve Bank's April 1 rate-setting meeting that it would be happier if the dollar was lower.

Philip Baker

RBA in no hurry to hike rates

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Philip Baker There was no "jawboning" to try and get the Australian dollar lower by the Reserve Bank in the minutes from their latest board meeting, but it’s also very clear they aren’t in any hurry to raise...

Economy

Stubbornly high Aussie stymies growth: RBA

Pedestrians and a cyclist go past the Reserve Bank of Australia (RBA) headquarters in the central business district of Sydney, Australia, on Monday, July 15, 2013. While the RBA previously needed higher interest rates to control price pressures as the Australian economy expanded since 1991 without a recession, Governor Glenn Stevens has slashed the cash target, predicting a mining boom will wane. Photographer: Dan Himbrechts/Bloomberg

Interest rates look set to stay put while the Reserve Bank waits to see what effect the stubbornly high currency will have on Australia’s economic growth.

Register

ASIC asset sale mooted: report

Bianca Hartge-Hazelman The federal government is said to be considering selling the Australian Securities and Investments Commission's register of companies as part of a plan to find significant savings in the economy and...

Tech

NBN Co takes on TPG Telecom

David Ramli NBN Co's new chief executive, Bill Morrow, has launched an aggressive broadband construction strategy to challenge what is shaping up to be its biggest rival, TPG Telecom.

Tax

Earn $80,000? 40 per cent tax rates are looming, says PwC

BUSINESS GLC010109.001.001  FIRST USE AFR  PHOTOGRAPH BY GABRIELE CHAROTTE GENERIC BUSINESS MAN BUSINESSMAN WHITE COLLAR WORKER INVESTMENT BANKING BANKER EMPLOYMENT UNEMPLOYMENT SUIT WAGES SALARY MEETING APPOINTMENT pedestrians
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Nassim Khadem People earning up to $80,000 will soon face tax rates of up to 40 per cent unless the government addresses bracket creep, accounting firm PwC says, highlighting the urgent need for tax reform.

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Telco

NBN Co may have to pay Telstra $98b

Telstra

David Ramli Telstra could be paid over $98 billion by NBN Co over the next 55 years for infrastructure leases and other fees, according to a report in industry publication CommsDay.

Scandal

Australian shares are being manipulated, say researchers

Men monitor stock prices on an electronic stock board at the Australian Securities Exchange (ASX) in Sydney, Australia, on Thursday, April 2, 2009. Australia shares and Japan's  stock futures rose as better-than-expected indicators in the U.S. stoked speculation the world's biggest economy is recovering. Photographer: Ian Waldie/Bloomberg News

Patrick Durkin Market manipulation appears to be rife on the Australian sharemarket when compared to other major markets around the world, according to the country's leading market researchers.

Automotive

Car repairers fear jobs crash

cars

Ben Butler Thousands of jobs could be at risk from an aggressive push into automotive spare parts mounted by insurer Suncorp and a controversial US company, the crash repair industry warns.

Asian food-bowl plan lacks key ingredients

Farmer holding rice stork

Jared Lynch Talk of Australia leading a dining boom in Asia is misguided, write Jared Lynch and Mark Hawthorne.

Housing

Boom puts spotlight on negative gearing

Housing

Nassim Khadem Treasury had done work on ­limiting negative gearing to new homes as part of pre­parations for the May budget, according to media reports citing ­departmental sources last week.

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Economy

Personal lending climbs but business finance goes backwards in February

Personal finance loans were up three per cent in February, seasonally adjusted.