Eco

David Neal appointed as head of Future Fund

David Neal has been appointed head of Australia's $100 billion Future Fund.

Sydney's inner city joins Darwin and Bunbury with lowest unemployment rates

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Stephen Cauchi Sydney's inner and beachside suburbs, Darwin, and Bunbury in Western Australia are the places to be for jobseekers, boasting the nation's lowest unemployment rates, while Queensland's Ipswich,...

Eco

The new millionaire middle-class

money

Scott Parker and Yolanda Redrup Surging equity markets have created 43,000 new millionaire households.

Eco

Unemployment rate stays steady

Unemploiyment

Max Mason Jobs figures are unlikely to improve this year as mining construction winds back.

Economy

Jobs data shaping as key indicator

Jobs

Max Mason Labour force data, due on Thursday morning, is shaping up as an important indicator of the health of the domestic economy.

Economy

Profiting from the 'silver economy'

Eryk Bagshaw There's money to be made out of an ageing population, and investors would be wise to look to the companies that will provide the goods and services that an older demographic will demand in the coming...

Eco

Consumer sentiment inches higher as budget continues to weigh

A shopper in a supermarket

Max Mason Consumer sentiment has risen marginally in June, picking up off the three-year low reach in May in the wake of the federal budget.

Economy

First home buyer loans at record low

auction generic

Jared Lynch First home buyers are continuing to lose out to investors with the number of loans to property debutantes crashing to a record low.

Economy

Sharp drop in job ads as consumer confidence struggles

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Eryk Bagshaw Job advertisements declined sharply in May dropping for the first time in five months, a new survey has found.

Finance

Home loans figures below expectations

Generic housing. For sale sign outside a property on the market. Building. 
Photo by Rob Homer
***afrphotos.com***

New home loan figures show the property market boom is cooling off.

Business confidence steady despite falling consumer sentiment

Alan Oster

Max Mason A tough federal budget and plunging consumer confidence is doing little to deter Australian businesses who remain upbeat about the prospects of recovery.

Regulation

RBA's Glenn Stevens says financial buffers needed sooner

Glenn Stevens

Clancy Yeates Reserve Bank governor Glenn Stevens is backing moves requiring banks to aggressively build up capital buffers ahead of schedule.

Michael Pascoe

First home buyer statistics not adding up

Michael Pascoe

Michael Pascoe Sometimes it's what isn’t there that tells a story. Take first home buyers statistics, for example.

A third of NBN not working, figures reveal

David Ramli and James Hutchinson About 118,000 homes and businesses that should be connected to the national broadband network can’t use the service because of defective fibre connections.

Deflation: The toxic crisis confronting Europe

Malcolm Maiden dinkus

Malcolm Maiden The first job for central banks in countries hit head-on by the 2008-09 global crisis was to avoid an economic depression.

Eco

Falling commodity prices hit trade balance

Falling commodity prices have caused Australia's trade balance to fall into the red.

Economy

Mining drives growth with rise in exports

Max Mason and Peter Ker Mining has underpinned Australia's better-than-expected economic growth figures, providing a headache for policy makers who have been betting on a recovery across other industries to fuel growth.

Michael Pascoe

A good year for the economy, but it's downhill from here

Coal miner

Michael Pascoe Well that was nice – a year of above-trend economic growth with rising labour productivity and profits. Too bad it’s downhill from here.

Economy

GDP: Australian economic growth beats expectations in March quarter

Containers are stacked on a ship berthed at Asciano Group's Patrick operations at Port Botany in Sydney, Australia, on Tuesday, Aug. 31, 2010. Australia's economic growth probably accelerated in the second quarter, helped by government spending on infrastructure and higher exports of iron ore to China even as recoveries in Japan and the U.S. showed signs of faltering. Photographer: Ian Waldie

Max Mason The Australian economy expanded at a stronger than expected rate in the first quarter.

Eco

GDP preview: Growth figures facing headwinds

Max Mason After some relatively weak data early in the week, views are mixed about Wednesday morning's impending growth figures for the Australian economy in the first quarter.