Joe Hockey promises federal fund to fill 'infrastructure hole' through state asset sales


Gareth Hutchens Federal Treasurer Joe Hockey says he has struck a ''historic agreement'' with state treasurers that will create tens of billions of dollars of new infrastructure across the country.


Home affordability to get worse as low interest rate effect wears off


Jared Lynch Breaking into the property market is about to become tougher as the effects of record low interest rates taper, according to the Housing Industry Association.


NSW has worst job jitters despite lowest unemployment rate

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Jared Lynch Workers in NSW are more anxious about their jobs despite the state having the lowest unemployment rate in Australia.

Malcolm Maiden

RBA upbeat as global threats fade

Malcolm Maiden dinkus

Malcolm Maiden Reserve Bank uses financial stability review to warn banks not to lower home lending standards.


Miners pass baton to new growth driver for Australian economy, says RBA

Glenn Stevens Reserve Bank Governor appeared before the House Economics Committee at Parliament House in Canberra on Monday 8 October 2012. Photo: Andrew Meares

Peter Martin, Bianca Hartge-Hazelman The Reserve Bank says the long-awaited ''handover'' from mining-led to more broadly-based economic growth is under way.


Housing construction boom coming, says RBA chief Glenn Stevens

Bianca Hartge-Hazelman Reserve Bank of Australian Governor Glenn Stevens has predicted a boom in the Australian housing construction market but recognised that our level of borrowing is a risk to the property market.


Buyers beware: RBA says housing market will cool off

Housing development

Jonathan Shapiro The Reserve Bank is sounding the warning bell on housing speculation, commercial property and retail securitisation funds in its semi-annual financial stability report released on Wednesday.

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RBA's Philip Lowe says corporate bonds are key for stability

Glenda Kwek The domestic corporate bond market can play a key role in maintaining economic stability in times of severe stress, the Reserve Bank of Australia's deputy governor Philip Lowe says, describing it as...

The Economy

RBA deputy Philip Lowe says China changes a 'seismic shift'

Philip Lowe

Jacob Greber The gradual dropping of controls on China's currency and current account represents a "seismic shift" in the world's monetary policy and financial landscape, according to Reserve Bank of Australia...


RBA's Philip Lowe leaves Australian dollar jawbone at home

Phillip Lowe

Glenda Kwek RBA deputy governor Philip Lowe has passed up on an opportunity to further "jawbone" the local currency


Asia's changing food tastes could be Australia's 'next big story'

A sign warning drivers to be wary of cows is seen near a farm, which supplies milk to the nearby Warrnambool Cheese and Butter Factory, near the town of Timboon, located around 200 kilometres (125 miles) southwest of Melbourne November 18, 2013. Saputo Inc's failure to deliver a knockout bid in the three-way battle for Australia's oldest dairy company is leaving the door open for rival suitors to jump in with sweeter offers. The target Warrnambool Cheese and Butter Factory Co surged to a record A$9.39 in Sydney trading on Monday, fuelled by market speculation that the months-long takeover battle has further to run and Saputo's rivals Murray Goulburn Co-operative Ltd and Bega Cheese Ltd may increase their bids.  REUTERS/Sonali Paul    (AUSTRALIA - Tags: FOOD ANIMALS BUSINESS AGRICULTURE)

Glenda Kwek Asia's growing taste for meat and dairy could see agricultural exports outperform metals and drive Australia's next commodities boom

ACTU to seek rise in minimum wages as home ownership becomes a pipedream


Anna Patty Home ownership is beyond the reach of an estimated 1.5 million Australians because the growth in house prices has outstripped the rise in minimum wage more than twofold, unions say.

Michael Pascoe

A bigger pie is China's main game

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

Michael Pascoe Despite the now-usual fervour around a China's PMI, there's no panic about the main game.

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Cybercrime a 'black swan' risk, says ASIC


Glenda Kwek Cybercrime is a systemic risk and could be the next black swan event, the head of Australia's corporate regulator says.

Ross Gittins

Tony Abbott's pseudo reform on the spin cycle

Ross Gittins dinkus

Ross Gittins No production of the Abbott government rates higher on the spin cycle than last week's Repeal Day.

Future prosperity built on trust, says Access Economics


Peter Martin Trust is the most important commodity apart from minerals that Australia has to offer to offer consumers overseas, a new assessment of growth opportunities has found.

World wants a bit of our boring

Peter Martin "Trust" is the most important commodity Australia has to offer overseas consumers apart from minerals, a new assessment of growth opportunities has found.


Echo Entertainment the 'cheapest casino stock in the world'

The Star

Jonathan Shapiro VGI Partners, a $600 million hedge fund, has acquired a stake of up to 3 per cent in Echo Entertainment, the owner of The Star casino in Sydney, and is pushing for the casino operator's new...


Slowdown: Australians spending less - CBA

retail spending

Spending across the Australian economy grew for the 18th consecutive month in February, but at a slower pace than in recent months.

Malcolm Maiden

Cut the red tape and let's get moving

Malcolm Maiden dinkus

Malcolm Maiden The corporate world is united in declaring that Tony Abbott's Red Tape Repeal Day is a good thing.