The Economy

US economic growth was unexpectedly tepid in the second quarter.

US economic growth slows although rebound expected

US economic growth unexpectedly remained tepid in the second quarter as inventories fell for the first time in nearly five years and business investment weakened further, offsetting robust consumer spending.

The consumer price index rose just 1 per cent from the same period a year earlier.

Inflation at lowest level since 1999

Annual inflation has fallen to its lowest level in 17 years, opening the door for a potential interest rate cut when the Reserve Bank board meets next week.

Sydney construction is powering the state's economy.

Nation's south-east corner powers the economy

The country's south eastern states are continuing to power the national economy as it 'rebalances' away from the mining states of Queensland and Western Australia after the end of the 'once in a century' mining boom.

Who decides when it's time to start a family? Not the dad.

The real costs of starting a family

Rising childcare costs are heaping more financial pressure on Australian families at a time when soaring house prices mean many are struggling to buy their first home or pay off a big mortgage.

In 2030, in both India and China, the GDP losses could total $US450 billion, the study predicts.

Too hot to work?

Searing temperatures caused by climate change may restrict working hours in some of the poorest parts of the world, the UN has warned.

The central bank is poised to slash the cash rate to a new record low of 1.5 per cent in August.

RBA opens door for August rate cut

The Reserve Bank of Australia believes Brexit fears won't hit the global economy too hard, but has also flagged more sluggish local consumer prices could set the scene for an August rate cut.

Small Business

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