For tourism businesses the falling dollar is a godsend.
Former federal Labor minister Martin Ferguson has criticised the political deadlock over the China-Australia Free Trade Agreement as having "racial overtones".
Anyone aged under 40 in Australia today has never experienced a recession in their working lifetime. But our record-breaking run is in peril.
After this week's weak economic data, it's no time to panic on monetary policy – just time to adjust to this, the new normal.
Searchers after truth rather than headlines don't take quarterly changes in GDP too literally. This graph shows why we shouldn't lose our bundle over the economy.
The Australian dollar has dipped below 70 US cents twice in the last two days. Next time, it's set to stay below 70 and keep falling.
It's like the small business tax stimulus didn't happen. Maybe that weaker Australian dollar will ride to the Treasurer's rescue in three months' time.
Senator Peter Whish-Wilson
Large businesses don't just wield an excessive amount of power in the marketplace, they also wield enormous power in the halls of Parliament.
Retail sales fell 0.1 per cent in July, the first nationwide decline since May last year.
Whichever story you want to tell about the economy, you can generally find a number to suit.
The risks to the global economy have risen and a combination of threats including slower growth in China and rising market volatility could severely cut the outlook, International Monetary Fund staff warned on Wednesday.
A surprise 41.5 per cent jump in government spending on defence equipment helped Australia's economy grow by 0.2 per cent for the three months to June.
A sharp fall in national income has all but obliterated economic growth, pushing down income per head by the most since the GFC.
The least wealthy sections of the Australian community will remain entirely dependent on the age pension after retirement, according to the Actuaries Institute.
The Australian economy grew, but only just, last quarter.
The Australian economy expanded at its slowest rate in four years in the second quarter.
A new economic comparison tool, the "Stateometer", shows NSW is in an enviable position.
Eminent US Judge Jed Rakoff is in Australia to deliver the keynote speech for the Maurice Blackburn and Business Day class action symposium.
Despite sluggish domestic growth and a sharp fall in the terms of trade, the RBA is reluctant to cut rates further, preferring the weaker Australian dollar and already low cost of credit to fuel investment, spending and non-mining exports.
Australia current account deficit surged 40 per cent in the second quarter, increasing the chances that growth in the three months ended June 30 will fall well short of forecasts.
Skyrocketing price for US crude oil will mean pain at the bowser for us.
You can't keep downsizing your way to executive bonuses indefinitely
Business stock was flat in the June quarter, while sales dropped slightly and gross operating profit fell for the year.
If you've had a rough week courtesy of market volatility, just consider how much worse it could have been.
It was easy to miss, but a proposal with much practical potential arose from this week's meeting of the great and good at the National Reform Summit. It was an idea that could break the budget impasse.
Australia Post is seeking an almost 43 per cent increase in the price of postage stamps.
China's leaders will act too late to avoid a major downturn, says the economist who brought you the term 'Grexit.'
Not many people noticed that US gross domestic income increased at an annual rate of just 0.6 per cent.