This explains the rise of Trump
AUSTRALIAN politics needs to pay attention to income equality if it wants to avoid the emergence of our own Trump.
Australian Economy
Wagging finger at banks won’t work
WITH the big banks failing to pass on the full rate cut to homeowners, Bill Shorten says the PM is too weak on the issue.
Is Queensland about to go bust?
THE mining industry is terminal, and 3223 businesses are on the brink. What has happened to the sunny state?
Low interest rates are here to stay
WE haven’t had a recession for 25 years and record low interest rates have caused some people to worry that one is around the corner.
The big problem with the Census
IT IS building into the most controversial census as, one week out, the agency in charge is being accused of snubbing families.
Huge fine for not filling out Census
NEXT week millions of Aussies will be expected to fill out the Census and those who don’t will face significant fines.
Why your degree is now worthless
FROM the barista with a law degree to the aspiring engineer bartender, unis churn out more graduates with “broken dreams”.
Rising shares many miss out on
A REBOUND on the sharemarket has delivered Aussies strong investment gains, but many mum-and-dad investors are missing out.
Moody’s warns of rating pressures
MOODY’S has confirmed it sees the coalition’s narrow election win as credit negative for Australia’s triple-A rating.
Who the government’s really screwing
THE super-rich are having a conniption over new government plans, but there are 130,000 average Aussies who are going to be much worse off.
Why your wallet feels so much lighter
IF YOU feel like you’re going backwards financially, you probably are, and it’s been happening for a while. This depressing graph explains why.
What’s left of Turnbull’s authority?
MALCOLM Turnbull is back in Canberra today with the dismal task of sweeping up the scraps of the mandate he had hoped to win.
Australia’s future just got bleaker
THIS is what happens when you don’t pay your bills. Australia is one step closer towards losing its coveted triple-A credit rating.
Decision that gave Labor its edge
THIS is the moment when Labor made a crucial decision that would go on to define the election — and bring it to the brink of toppling Malcolm Turnbull.
Hung parliament is very bad for business
THE possibility of another hung parliament is bad news for the business and economy, experts have warned, no matter who becomes Prime Minister.
The real reason Labor didn’t win
IT was the biggest gamble of the election — a promise to make houses more affordable. But not everyone was buying it.
So, uh, what happens now?
IT’S Sunday morning and we don’t know who’s won, and counting won’t start again for days. Here’s what comes next.
Tally: Where does the vote stand?
“ERRATIC” swings across the nation have left the election on a knife-edge – the final result won’t be known for days.
Malcolm Turnbull’s big gamble backfired
THIS election was meant to be all about cleaning the “crazies” out of the Senate. But the PM’s big power play backfired.
Australia, brace for a whole lot of pain
MALCOLM Turnbull has copped a huge rebuke from voters, and now Australia faces the prospect of another hung parliament.
Turnbull goes rogue in final hours
MALCOLM Turnbull has ditched the media pack in the campaign’s dying hours and is taking his election day publicity into his own hands.
How your life will change on July 1
FROM healthcare and family payments to stamp duty, wages and power hikes, here’s what to expect in the new financial year.
Number one issue on voters’ minds
IT’S the crisis affecting millions of Australians that could tip the result of this weekend’s election. Here’s how the major parties plan to fix it.
Since when is $1.2 billion spare change?
THE Coalition is gloating that it has committed a “very low $1.2 billion” since the start of the campaign. Should they really get a pat on the back for that?
Experts back PM’s corporate tax cut
TWO of the nation’s top economists have laid waste to Labor’s claims company tax cuts are a big business “giveaway”, saying they’re the biggest drag on the economy.
How Australians really feel
THE country has spoken and we are an unhappy bunch. New data will be sobering reading for our leaders.
Brexit a ‘king hit’ to Australia
THE PM is calling for calm, but both sides of politics are being slammed for keeping Aussies in the dark over the impact of Brexit.
What does Brexit mean for us?
MARKETS are in meltdown, birds are falling out of the sky and dogs are walking on their hind legs. But here’s the good news.
Why Brexit is terrible for us
BRITAIN’S shock decision to break away from the European Union will have far-reaching impacts on the Australian way of life.
Bitter truth about Australian jobs
AUSTRALIA’S unemployment rate is at 5.7 per cent, which sounds pretty low. But the true story is a lot worse.
‘Vote Labor or you’ll die of cancer’
LABOR has been slammed for a “grubby” robocall which describes a “vote for Labor” as a “vote for cancer patients”.
NSW Budget winners and losers
IN A budget that keeps a lid on spending while splurging $73 billion on infrastructure, we can’t all be winners.
$73 billion splurge to transform NSW
NSW has unveiled a stunning Budget turnaround and its residents are benefiting big time.
The real winners in a slow economy
WHEN the economy slows down and people start losing their jobs, there’s one group of people who shine. And 2016 could be their year.
Big Medicare lie you’re being fed
IF YOU took a glance at the election, you might be scared about Medicare’s future. The fight to preserve it could hasten its decline.
Plan to tackle ‘commuter exodus’
MALCOLM Turnbull has signed a new “deal” that aims to stop the “extraordinary commuter exodus” from our city’s suburbs.
Bid to find Australia’s worst commute
SO YOU think your daily commute is bad? Well, the “job-killing drag on the economy” that is traffic congestion is worse than most of us realise.
Unemployment flat, with a catch
AUSTRALIA’S unemployment rate was flat at 5.7 per cent in May, official figures show, which was better than market expectations.
Ads ‘still crucial’ to selling: report
DESPITE digital disruption, traditional advertising channels remain as important as ever to business and government, a new report has found.
Queensland Treasurer’s bold prediction
QUEENSLAND Treasurer Curtis Pitt thinks the State will become Australia’s fastest growing economy in the next few years.
Australia’s $50 billion time bomb
SYDNEY, Melbourne, Brisbane and Perth will soon be home to nearly six million extra people — but there’s a serious problem.
Trump is already hurting us
THE billionaire’s nomination for the most powerful job in the world has already messed with the Australian economy, in a big way.
MP’s ugly sledge at Turnbull
LIKE golf, politics is an arena where bad language and personal attacks are discouraged. This MP obviously didn’t get the memo.
Labor swings axe at parents
SHORTEN has announced a raft of budget savings it will make in government, including this lead balloon for parents.
Our taste in cars has totally changed
AUSTRALIA, a revolution is taking place. The cars we’re buying have changed dramatically. And it’s a bad time to be a Suzuki Swift.
Put $1 in, get $2.39 back
MALCOLM Turnbull has seized on modelling showing his signature $48.2 billion business tax cuts will deliver a consumer benefit.
Labor prioritises schools, roads and NBN
BILL Shorten will promise a balanced Budget by 2021 — without nasty spending cuts up front — with a focus on education and infrastructure.
Bill Shorten’s stunning backflip
WELL this is awkward. Bill Shorten 2016 is facing his most furious opponent: Bill Shorten 2011. Here’s how the debate went.
Force holding your income back
IF YOU haven’t had a pay rise in a while, you’re not the only one. So why, if our economy is doing so well, aren’t we seeing the benefits?
Don’t whinge about the minimum wage
DESPITE some complaints over Australia’s latest rise in minimum wage, how do we compare to the rest of the world?
PM welcomes surprising boost to economy
MALCOLM Turnbull’s economic credentials got a boost today with news Australia’s economy grew by 1.1 per cent in March, beating expectations.
The list where Australia ranks #17
AUSTRALIA prides itself as being one of the best countries in the world, but there’s one area where we fall well below our peers.
What our lives will be like in 2056
BY THE middle of the century, life will be entirely different – and absolutely insane. This is what you can expect.
NSW’s population tipped to double
AN AGEING population will put pressure on NSW finances, a new Government report has revealed.
Australia’s $180 billion problem
AUSTRALIA is drowning in red tape, and it’s costing us more than $180 billion every year. There’s a simple solution though.
Was ScoMo behind embarrassing leak?
TREASURER Scott Morrison might have had a sneaky hand in the latest embarrassment to confront stumbling Labor frontbencher David Feeney.
Why NSW’s winning battle of the states
IT’S predicted to be the first trillion dollar state but how did NSW go from economic dunce to dux and will it make any difference to your hip pocket?
Our politicians’ most outrageous perks
APPARENTLY, the six-figure salary isn’t enough. Our politicians are claiming plenty more extravagant perks at your expense.
Pollies 10 most outrageous expenses
THE expenses scandal just continues to grow. These are the most questionable extravagances that your taxpayer dollars have funded.
Reason you’re eating out less
HAVE you been wining and dining less recently? There may be a simple explanation for it.
The pay rise winners and losers
NEW data shows wage growth in Australia is at its slowest level in history. But there is some good news if you’re looking for a pay rise.
Problem worse than negative gearing
WHILE everyone has been harping on about negative gearing, we’ve all forgotten a tax dodge the rich love even more.
This is why you’re getting poorer
WELL, it was good while it lasted. New data shows we’re worse off now than since at least 1997 — and quite possibly since the late ‘60s.
The government couldn’t be more wrong
PETER Dutton paints a picture of “illiterate” refugees soaking up welfare and jobs. This is why he’s dead wrong.
Insurance: why I don’t bother
WE NEED it right? Wrong, says Jason Murphy. Insurance is like a casino, where the house always wins, and always wins big.
‘Why should Australia bail them out?’
THEY’RE the Aussies dependent on Canberra’s cash but Norfolk Islanders are in a furious war of words with over plans to end their unique status.
Australia at the point of no return
THE writing was already on the wall, but a graph in last week’s budget buried this. Australia, it’s time to forget about making stuff.
Treasurer dismisses house price warning
A BRIEFING note from the Reserve Bank has suggested that restricting negative gearing could be good for the economy.
Australia’s flourishing black market
THE tobacco price hike may sound like a great idea, but it’s fuelling a dangerous and illegal trade linked to organised crime.
The best ways to use your 5c coins
THE five cent coin is the black jelly bean of Australian currency. Nobody wants anything to do with it, but it has plenty of uses besides being spent.
Australia’s next RBA Governor
RESERVE Bank of Australia deputy governor Philip Lowe will replace outgoing chief Glenn Stevens, Treasurer Scott Morrison has revealed.
Bank refuses to pass on record rate cut
HOME owners with one of the big banks are likely to be angry, as it plans to hold onto a hefty chunk of the rate cut.
‘Cheap magic trick’ hidden in this graph
HOW should you feel about the 2016 Budget? In one word: suspicious. Some things, like the lines in this graph, just don’t add up.
‘It’s time we shut this party down’
WALEED Aly has dived into the debate over negative gearing in no uncertain terms, saying it’s “time to shut this party down”.
The state sneaking up on NSW
NSW still has the best performing economy in Australia. It’s dominating most other states, but one competitor is snapping at its heels.
The reality a 30-minute city
MALCOLM Turnbull has got us excited about living in cities we get get around within half an hour. Sounds great, right? This is the reality.
Aussies ‘on a different planet’
AUSTRALIANS are deluding themselves, and we need to radically change our approach to China, an expert says.
$50m plan to transform our cities
TIRED of spending hours every day stuck on clogged roads or crammed transport? Malcolm Turnbull wants to fix it.
Australia’s $1 billion black hole
IT’S had more than $1 billion of taxpayer funding thrown at it, but few of us know how the money is being spent.
Train chaos to continue this morning
CHAOS across parts of Adelaide’s train network will continue today, with electric trains replaced by diesel locomotives on the Seaford line.
Original URL: https://www.news.com.au/finance/economy/australian-economy/page/168