Workplace

Business lobby pushes for annual leave changes

Sand castles

Nassim Khadem Employers could force staff to take holidays during close-down periods such as Christmas, direct workers with "excessive" leave to take time off, or cash out their leave entitlements, if submissions...

Eco

Budget turns up the heat on households

Late night shopping extended in city centre (Thumbnail)

Jared Lynch Households are expected to come under further pressure this year, slashing spending as the unemployment rate rises and the federal budget eats into disposable incomes, a prominent economist says.

Eco

Australia's tax rate 'uncompetitive' says Richard Goyder

Bianca Hartge-Hazelman The boss of supermarket giant Wesfarmers has backed fresh calls for bigger cuts to made to the corporate tax rate, amid concerns that living standards and jobs could be at risk if Australia continues...

Economists facing flak over ethics

Ross Gittins dinkus

Ross Gittins Are economists ethical? Short answer: no more than most. Long answer: well, it's not something they think about much.

Economy

Chinese, Kiwis see the light, but Australians share Europe's gloom

Clouds gather around parliament

Stephen Cauchi In the world of consumer confidence, Australians are almost as pessimistic as the Europeans.

Michael Pascoe

Victoria the local people magnet but foreigners prefer NSW

opo

Michael Pascoe As the Australian economy changes gears, Victoria is proving the people magnet for locals.

Eco

Budget casts doubt over manufacturers

A three-year best performance by manufacturers could be cut short by uncertainty surrounding the federal budget.

Numbers game

Property vs shares: which did better?

Generic stock exchange ASX  investor shares portfolio

Misa Han The past ten years may have been a great time to be invested in the equity market but residential property delivered better, more steady returns over the longer run, according to a new report.

Economy

Economy set to lose momentum with below trend growth ahead

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Australia's economy will lose momentum later in the year, not helped by a fall in consumer confidence after May's tough federal budget.

Economy

Property prices about to drop without interest rate cut, warns report

The Jamieson Apartments.

Eryk Bagshaw After two years of surging growth, Australian house and apartment prices may be about to drop, a new report has found.

Economy

RBA more cautious as budget begins to bite

RBA

Luke Malpass The Reserve Bank of Australia has adopted a more cautious tone on the economy as it worries that federal budget cuts will hurt the transition to the non-mining economy.

Eco

RBA says unemployment will stay high well into 2015

Jobs

Australia's unemployment rate is likely to remain relatively high well into 2015, a top central banker said on Monday, helping keep a lid on wages and inflation.

Eco

David Neal appointed as head of Future Fund

David Neal

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.