Our Team

Eric Johnston is an associate editor of The Australian. He has more than 25 years experience as a finance journalist, including a former business editor of The Australian. He has been business editor of The Sydney Morning Herald and The Age and financial services editor with The Australian Financial Review. His work has also appeared in The Wall Street Journal.

@ejohnno

Latest

Economics

A businessman passes by the Reserve Bank of Australia (RBA) building in Sydney, 02/11/2010.

Trades add to fears of rate leak

A suspicious surge in the dollar has prompted the market watchdog to step up an investigation into the nation’s forex market.

David Rogers and Chris Kohler

Opinion

Real house boom hasn’t started yet

Much of the recent talk over the state of the housing market, and property prices more specifically, appears confused.

Adam Carr

Economics

RBA governor Glenn Stevens addressing American Chamber of Commerce in Australia luncheon at Crown Palladium about the state of the economy and the prospect for more monetary policy stimulus this year. Picture: Sarah Matray

Traders take a punt on May cut

Glenn Stevens is proud of the RBA’s “boring” monetary policy. This year, it has been anything but that.

James Glynn

Economics

Generic pic of the Reserve Bank of Australia (RBA) in Martin Place, Sydney.

Focus on RBA as odds firms on rate cut

Credit markets have all but priced in a cut in official cash rates today by the Reserve Bank.

Chris Kohler

Companies

Coca-Cola Life, Coke's biggest launch in a decade, will be advertised on the company's iconic King's Cross sign.

New brand adds Life to Coca-Cola

Coca-Cola Amatil’s supermarket sales have had a shot in the arm with the introduction over the long weekend of Coke Life.

Eli Greenblat

Opinion

James Glynn, Senior Reporter at The Wall Street Journal. WSJ. Dinkus. Photo: Hollie Adams

Bubble not a national problem

Hand-wringing over house prices and instability they might pose remains central to Australia’s economic narrative.

JAMES GLYNN

Business Spectator

GONZALES, TX - MARCH 26: An oil pump- jack is viewed on March 26, 2015 in the oil town of Gonzales, Texas. Texas, which in just the last five years has tripled its oil production and delivered hundreds of billions of dollars into the economy, is looking at what could be a sustained downturn in prices. Crude oil prices today are almost 60 percent lower than they were six months ago.While the Texan economy has become more diversified over the years, oil is still the states largest monetary generator and any sustained downturn would be devastating for employment and the economy. Outplacement firm Challenger, Gray & Christmas this month said a drop in oil prices have been responsible for 39,621 job cuts in the first two months of the year. Spencer Platt/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Santos under pump to raise capital

Oil and gas company Santos “simply must raise capital” in the face of slumping oil prices or risk failing to break even on a cashflow basis, argues investment bank Credit Suisse.

MICHAEL RODDAN

Markets