Big change they don’t want Aussies to know about
A SECRET deal being negotiated in Geneva could see giant international childcare providers enter the Australian market.
Economy
Europe’s stern warning to Greece
GREEK banks will stay closed amid fears ATMs are running out of cash. Meanwhile, France and Germany have one demand after crisis talks overnight.
Proof your trip to work is getting longer
FEEL like your daily commute to work is getting longer and more frustrating? Well, it is.
Reserve keeps rates on hold
THE Reserve Bank of Australia has kept the official cash rate on hold at two per cent — and it’s likely to stay put until the end of the year.
Dangerous path Greece has chosen
PANICKED Greek citizens have tried to vote their way out of poverty, but the stunning result could have disastrous consequences.
‘He has no idea what he’s doing’
HE told the people to vote ‘no’ and they followed, despite the result being certain chaos. Has this man been vindicated?
The face of Greece’s despair
A PENSIONER slumped on the ground outside a bank has become the despairing face of Greece’s financial crisis with cash reserves running dry.
Ex-pat Greeks flock home to vote
GREEKS from all over Europe are paying a fortune in airfares to come home ahead of the referendum that will change their nation forever.
‘Die on your knees or live with dignity’
AS Greek Prime Minister Alexis Tsipras thunders a resounding ‘no’, a terrified nation prepares to vote in a referendum that will determine their already shaky future.
Greece’s extraordinary act of forgiveness
SIXTY years ago, Greece helped Germany scoop an ‘economic miracle’ to save it from financial doom. Now the roles have reversed, should the Greeks expect the same?
Confusion in Greece: what’s going on?
GREEK Prime Minister Alexis Tsipras continues to bamboozle European leaders, telling them he is ready to do a deal but then telling citizens to vote no.
How a Greece ‘no’ vote harms Australia
AN EXPERT has warned that Australia is not immune from the debt crisis causing panic in Greece and across Europe.
The people getting $1000 a month for doing nothing
THIS city is holding a daring social experiment based on a surprising idea: give everyone an unconditional basic income, and they will thrive. Could it work?
New hope in Greek financial crisis
AS GREEKS line up to withdraw their cash, the PM has said he will accept a conditional bailout. But he’s asked for one thing.
Bold idea to fix our clogged cities
IT IS the ambitious concept that would turn Australian cities from clogged traffic nightmares into streamlined utopias. It is time for the 20-minute city.
Greece defaults, but what happens next?
THE next three weeks are critical for Greece, after it failed to meet the deadline to repay its $2.2 billion debt. Here’s all you need to know about the crisis.
Aussies speak of fear over Greek crisis
AS the Greece debt crisis hits breaking point, members of Australia’s Greek community are desperately doing all they can to help their loved ones.
Greece’s ATMs empty as citizens panic
GREECE faces a banking collapse as the last of the nation’s ATMs get emptied by panicked citizens and banks are forced to close for at least a week.
Greece closes banks as ATMs run dry
GREEK banks will remain shut until July 6, with locals only able to withdraw around $86 a day under restrictions on bank withdrawals.
‘Greece is taking steps backwards’
CRUCIAL high-level talks on the financial future of Greece collapsed for the third time in as many days with bitter exchanges and accusations of blackmail.
Giving cash away can make you richer
IT’S a known phenomenon that as we become richer, we become stingier. In fact, if Australians gave more in the right places, it could leave us all better off.
Housing answer under our noses
LESS than 10km from the beach? Check. Costs less than $550,000? Check. Multiple bedrooms? Check. It sounds too good to be true.
Beginning of the end of Europe?
CRUCIAL talks fell apart on Sunday leaving the whole world reeling. There are fears it could spell the beginning of the end of the European experiment.
Joe Hockey’s $184k house party
TREASURER Joe Hockey has charged taxpayers $184,000 to sleep in his wife’s $2 million Canberra home since he was elected to Parliament.
Abbott’s daughter in property win
STRUGGLING to buy a house? Tony Abbott says if his daughter can get on the property ladder, then so can you. This is how she managed it.
Crazy stuff govt spends your money on
WOULD you pay $70,000 for office plants? Trick question: you already have. Welcome to Canberra, where your tax dollars go to die.
Fixed or variable is a close bet
ECONOMISTS expect another interest rate cut, so is it worth fixing now or sticking with variable?
The town where everyone got free money
FORTY years ago, a tiny farming town in Canada was the stage for a groundbreaking social experiment. The effects were astonishing.
$340b change coming to Greece
IT’S the result that could change the world as we know it. While Greeks are celebrating $340 billion reasons to be happy, others are worried about what it means.
Something seriously super about Oz
OFTEN ignored and sometimes derided, there is a facet of Australian working life that is the envy of many overseas nations. Can you guess what it is?
Aussies opting to stay down under
THERE’S a lot to see in our wide brown land … which is just as well, because the falling dollar is prompting many of us to holiday at home rather than overseas.
Is the GST about to be broadened?
A LIBERAL MP appears to have broken ranks by saying the GST needs to be applied to fresh food, health and eduction. But Labor says all is not as it seems.
Howard still angry at Obama
FORMER PM John Howard has taken another swipe at President Obama over his G20 climate change speech, this time accusing him of meddling.
Ailing superpower’s $37bn stimulus
THE third-largest economy in the world to get a $37 billion stimulus, including subsidies and job-creating programs, to help pull it out of recession.
Criminally insane ‘abandoned’
A LITTLE-KNOWN budget measure that strips the criminally insane of welfare could put the community at risk, an advocate has warned.
Hockey: $40 billion budget blowout
THE deficit forecast for the federal budget has blown out much more than expected. What does this mean for Australia’s bottom line?
What oil price crash means to you
OIL prices are in free fall sending shivers through world economies as OPEC’s power to manipulate the market diminishes and winners and losers emerge.
Aussies escape Christmas rate increase
THE Reserve Bank has given Australians a Christmas reprieve, leaving interest rates on hold at a historic low. But a cut may be on the horizon.
We’re being fleeced and it costs us $6 billion
FRAUD is costing Australians $6 billion-a-year, as a new report reveals the total cost of crime is a staggering $47.6 billion and growing.
What our deal with China means for you
THE trade deal signed with China today should be discussed at every kitchen table, because it will open up new opportunities for people across the country.
What the world really thinks of Australia
OUCH. While Australia hails the G20 summit a success, the rest of the world aren’t so sure. Here’s a selection of what they’re saying about us.
Revealed: Why Putin sent warships
WHY did Vladimir Putin deploy warships? Two reasons, one of them is that he regards Australia as a massive economic threat.
Is this Brisbane’s luckiest man?
HE TURNED down a date with Obama, but Jade Buddha owner Phil Hogan went one better with Mexico’s First Lady Angelica Rivera.
The bizarre items banned from Brisbane
EGGS, tins, kites and snakes. As Brisbane goes into lockdown ahead of the G20 there is a lot you can’t do in the city this week – but also one surprising way to cash in.
What we’ve learned from the B20
EXCLUSIVE. Australia will present a turbocharged plan for economic growth at the G20 leaders’ summit, based largely on recommendations from the B20.
Abbott’s radical plan for the G20
THEY can be long, boring, with not much in the way for results. Not this time, says Abbott. The PM has a radical plan for the G20.
Jobless rate steady in October
AUSTRALIA’S unemployment rate held steady at 6.2 per cent in October, official figures on Thursday show.
Interests rates still on hold at 2.5%
THE Reserve Bank has left interest rates at a record low 2.5 per cent. It has remained unchanged since August 2013.
French economist Tirole wins Nobel
FRENCH economist Jean Tirole has won the Nobel prize for economics for research on market power and regulation.
Is this why so many Scots have voted ‘No’?
WE’VE found it. This could be the one massive reason why the Scottish people chose to reject the prospect of independence.
Original URL: https://www.ntnews.com.au/business/economy/page/132