Economy

Business conditions improve as lower dollar kicks in

Glenda Kwek Business conditions have soared to a 2½-year high.

Rates

Inflation will keep RBA on sidelines, say economists

Glenn Stevens.

Glenda Kwek The Reserve Bank is tipped to sit on the sidelines at its first board meeting of the year next month, according to a poll of Australian economists.

Property

Fast but affordable: Australian house price growth rated global leader

Shaun Drummond Australian house prices have grown faster than those in any other major economy but low interest rates and high incomes mean they're still relatively affordable, says credit ratings agency Fitch.

Economy

Surprise inflation spike closes door on interest rate cut

Shopping list.

Glenda Kwek Consumer prices jumped by a surprise 0.8 per cent last quarter.

Economy

Christmas cheer fades as job losses hit consumer confidence

Shopping centres extend hours for Xmas (Thumbnail)

Glenda Kwek Consumer confidence has slipped for the second straight month to its lowest level since July, as concerns about unemployment weighed and cheer over rises in house prices faded.

Economy

PwC survey: CEOs globally positive, locally wary

Executive.

Georgia Wilkins Chief executives are more positive about the global economy, but remain cautious about growth in their own companies, survey finds.

Economy

Grey mortgage boom as first home buyers fall away

For sale

Glenda Kwek Older Australians are fuelling growing demand for mortgages, according to new data that also provides further evidence that first home buyers are giving up and exiting the market.

Economy

Commission of Audit to delay report

Gareth Hutchens The Abbott government’s Commission of Audit says it needs to delay its report and federal treasurer Joe Hockey has agreed to extend its deadline.

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Economy

TD Securities-Melbourne Institute inflation gauge heads higher

Inflation is  running at a two-decade high of 54 percent in Venezuela making the cost of living a sensitive issue for the government.

Glenda Kwek A private gauge of Australian inflation jumped by the most in almost three years in December driven largely by higher prices for food, petrol and tobacco.

Currency

Falling dollar adds to inflation pressures

Aussie dollar

Bianca Hartge-Hazelman Fears of a rate hike fails to deter investment experts who want the currency below US85¢.

ACT unemployed lose hope, as participation rate drops

Jobs

Ben Westcott Public service job cuts are continuing to hit the ACT economy, as new participation numbers show the territory's unemployed are losing hope.

Economy

Economy sheds more than 30,000 full-time jobs

employment

Glenda Kwek The jobless rate has remained at a four-year high of 5.8 per cent as 22,600 jobs were shed from to the economy.

Trade

Australia ranked one of the three best countries in which to do business in

Andrew Robb

Peter Martin, Nick O'Malley While in Canberra the Commission of Audit was railing against Australia's ''poor productivity, high dollar, high energy costs and heavy reliance on the resources sector'', in Los Angeles Australia's...

Housing

First-home buyers squeezed out further

housing

Glenda Kwek The struggle for first-home buyers has continued, with their share of home loan approvals falling to a new record low.

Employment

Job ads: signs of stabilisation

paper 190601 AFR photo TAMARA VONINSKI

Reading The Sydney Morning Herald.

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Glenda Kwek Job advertisements have continued to decline but show further signs of stabilisation across some states.

Growth

State of the Australian economy in 15 charts

Generic economy climb.

Glenda Kwek Here are 15 charts showing what you need to know about the economy as it transitions away from mining-led growth.

The state of the Australian economy in 15 charts

This year is shaping up to be a pivotal year for the economy as it grapples with a fall-off in mining investment, which has been driving Australia's growth over the past few years.

Economy

Building approvals rise as housing booms

Glenda Kwek Approvals for private sector houses have continue to rise, as the housing market strengthens amid signs of a recovery in non-mining sectors.

Economy

Retail sales rise in pre-Christmas shopping rush

shopping generic.

Glenda Kwek Australians appear to be opening their wallets again, with retail sales rising more than expected in November.

Employment

Public sector purge hits job market

employment

Glenda Kwek The cutbacks by federal and state governments are starting to be felt in the employment market, with public sector job vacancies falling far below their historical average.