Michael Pascoe

Consumer confidence: We're pessimistic but spending up

Michael Pascoe For a nation where consumer pessimists apparently outnumber optimists, we're spending remarkably strongly and looking to borrow more.

Economy

Investors drive lift in home loans in February

housing

The housing construction sector continues to strengthen, following a surge in investment housing.

Economy

Consumer confidence shows slight increase

Eftpos

Low interest rates and good news about jobs and the housing market have failed to stoke consumer confidence.

Free trading cards laid on the table, but beware the ace up the sleeve

Peter Martin dinkus

Peter Martin What's next after the Japan free trade agreement and the Korean free trade agreement?

Michael Pascoe

Trade deal: Japan wins, and why that's good for Australia

Michael Pascoe

Michael Pascoe Make no mistake, Japan is the big winner from the slight reduction in agricultural trade barriers - and that's a perfectly good and very desirable thing.

Environment

Policy cloud puts up to $110m in solar energy projects on hold

Dick Warburton

Jared Lynch Solar projects totaling tens of millions of dollars are at risk after the Abbott government launched a review into its renewable energy targets.

Agriculture

Rice growers slam Japan FTA

Rice

Tim Binsted Ricegrowers' Association of Australia President Les Gordon has slammed Prime Minister Tony Abbott's landmark free trade agreement with Japan as a deal that punishes and ignores ricegrowers.

Eco

Business confidence falls to pre-election levels

Prime Minister Tony Abbott

Glenda Kwek Business confidence has weakened to its lowest levels since the federal election as sluggish activity weighed on positive sentiment, a monthly private survey has found.

Economy

Job advertisements lift again in March

employment;afr;980901;pic by louise kennerley;saved in news; employment, unemployment, jobs, job hunting / employment advertisements in the newspaper / positions vacant / situations vacant. positions vacant. classifieds

Glenda Kwek Australian job advertisements in newspapers and on the internet rose for a third straight month in March.

Ecodata

Australia's construction still in contraction

Inner Sydney housing.

Australia’s construction industry remains in decline but there are signs of improvement.

Telecommunications

Telstra admits competition will slow subscriber growth

David Thodey

David Ramli Telstra chief executive David Thodey has admitted the company's meteoric mobile subscriber growth will start to drop off over the next 12 months amid rising competition from rivals SingTel-Optus and...

Ross Gittins

Our econocrats' vision too narrow

Ross Gittins dinkus

Ross Gittins Part of my job is to relay the messages of our top econocrats, but just because I report their views faithfully doesn't mean I agree with them.

Tax crackdown targets big firms

Australian Tax Office

Georgia Wilkins, Noel Towell and Ben Butler An Australian Tax Office crackdown on ''corporate tax erosion'' has revealed that at least three major multinational technology companies are paying ''very low or no taxation'' in Australia.

Comments 52

What's on

Business calendar for April 7-11

What's on this week in the world of business.

Real estate prices

Australia's house prices 'flashing red', debt to income ratio at record levels

Housing

Christopher Joye Australian household debt has hit a record 177 per cent of annual disposable income while housing valuations are "flashing red", according to Barclay's chief economist, Kieran Davies.

Comments 245

Brick deal

Boral, CSR propose $230m joint venture

Boral

Max Mason Declining demand has led Boral and CSR to propose a $230 million joint-venture which will combine their brick operations across the east coast of Australia.

Report

Uncompetitive workers holding back small business

Jared Lynch An ''increasingly uncompetitive'' labour market is forcing Australian small companies to lag behind their global peers, a Goldman Sachs report has found.

Future

Australia adjusting to slowing Chinese growth

Chinese flags stand for sale at a magazine stall in the Tianhe district of Guangzhou, Guangdong province, China, on Saturday, Nov. 30, 2013. China's government may set its 2014 growth target at 7 percent, the Economic Information Daily reported on Dec. 3, citing the State Information Center. This compares with a goal of 7.5 percent for this year. Photographer: Brent Lewin/Bloomberg

AFR 19-02-2014

Bianca Hartge-Hazelman A nine-year link between the performance of Australian and Chinese stocks is breaking down as investors start to factor in a future where the land Down Under is less reliant on the world’s...

Michael Pascoe

RBA governor goes where politicians fear to tread

STEVENS AFR PHOTOGRAPH BY GLENN HUNT 3rd July 2013.
NEWS - Reserve Bank Governor Glenn Stevens speaking at an Economic Society of Australia Business Luncheon in Brisbane.

Michael Pascoe Comment: The last thing politicians want is a reminder of the politically unpalatable decisions ahead of them, but they've had two in as many days.

Economy

Policies must change to spur growth, says RBA governor Glenn Stevens

STEVENS AFR PHOTOGRAPH BY GLENN HUNT 3rd July 2013.
NEWS - Reserve Bank Governor Glenn Stevens speaking at an Economic Society of Australia Business Luncheon in Brisbane.

Glenda Kwek Reserve Bank governor Glenn Stevens has backed Treasury boss Martin Parkinson call for a debate on fiscal policy, saying that reform was needed if governments wanted to spur economic growth.