IMF: Keep interest rates low
THE International Monetary Fund has argued interest rates should be kept low while Australia’s economy is still ‘soft’.
Economy
Consumer confidence hits seven-month low
CONSUMER confidence has hit a seven-month low but remains above 100. But a better-than-neutral score isn’t the reprieve you think it is, it’s actually a bad sign for the economy.
US passes debt ceiling bill, averts default
DESPITE political opposition, the US government has passed a ‘clean’ debt ceiling bill, averting another default crisis or government shutdown.
Economic growth to pick up in 2014 – RBA
AUSTRALIA’S economic growth is expected to pick up pace in the coming years, thanks to stronger activity in the non-mining sectors, the RBA says.
Bleak outlook for jobs this year
THE latest statement from the RBA provides a bleak outlook for workers, with unemployment expected to rise this year.
Are Aussie workers too well off?
WAGES, penalty rates and Australian working conditions are being furiously debated at the moment. Which begs the question, what’s all the fuss?
A surreal plan to recoup debt
PORTUGAL is hoping a master of surrealism can help taxpayers recoup some of the millions they lost rescuing a failed bank.
RBA leaves cash rate on hold
THE Reserve Bank has left interest rates unchanged at 2.5 per cent.
Suckers for chocolate: No votes, no cash
A CADBURY election campaign indulgence has come back to bite the Coalition Government’s attempts to put Australians on a spending diet.
‘The age of entitlement is over’
TREASURER Joe Hockey has warned Australians the age of personal responsibility has begun and it’s time “everyone do the heavy lifting”.
Wong: Helping SPC ‘value for money’
SENATOR Penny Wong has accused the Abbott government of taking a hard line on SPC Ardmona, and said assisting it would have been value for money.
Bouris’s SOS: Help mortgage holders
EXCLUSIVE: MARK Bouris is urging Treasurer Joe Hockey to consider measures to help struggling mortgage holders pay off their loans faster.
The Kiwis are on our economic tails
FORGET sheep. The New Zealand economy is riding high on the cow’s back, and here’s why the Kiwis are set to reign supreme.
Govt rejects $25 million SPC request
THE federal government insists a profitable company such as Coca-Cola Amatil has more than enough cash to assist SPC Ardmona.
China slowdown can be ‘positive’ for Aust
CHINA’S growth is slowing but Australia has much to gain from its growing middle class, a prominent American economist says.
China slowdown can be ‘positive’ for Aust
Believe it or not, a slowdown in China can be good news for Australia.
Original URL: https://www.adelaidenow.com.au/business/economy/page/151