The Economy

The September import reversal raised questions over the strength of the recent recovery in domestic demand, Julian ...

China exports fall more than expected, imports shrink

​China's September exports fell 10 per cent from a year earlier, far worse than expected, while imports unexpectedly shrank 1.9 per cent after picking up in August, suggesting signs of steadying in the world's second-largest economy may be short-lived.

Sydney house prices are poised to go sideways for the next three years, QBE says.

Sydney housing boom has peaked, QBE says

Sydney's housing boom is coming to an end as restrictions on loans to property investors and a raft of new developments depress prices, insurance giant QBE says.

Paul McClintock says there is no believable end to the deficit in sight.

Business group lashes PM over deficit, tax scare campaign

Six months ago the business-backed Committee for the Economic Development of Australia presented the Turnbull government with what it said was a clear and practical plan to return the budget to surplus. There were 5 of them in fact, including different mixes of proposals such as better taxing superannuation contributions, halving the tax discount for capital gains, ending negative gearing, boosting taxes on luxury cars, alcohol and tobacco, and taxing the private health insurance rebate.

There is a smaller proportion of affordable rentals in some of Melbourne's fringe suburbs.

Housing risk overdone, RBA unlikely to cut: Morrison

Treasurer Scott Morrison said debate on Australia's housing market is prone to exaggeration - even as Sydney property prices rise anew - and indicated he doesn't see much appetite at the central bank for further cuts in the nation's already record-low interest rates.

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