Trump gambles on oil in new financial shock
Traders have so far taken the stress of geopolitics in their stride. However, Donald Trump’s bombing of Iran will jolt markets from their complacency.
Traders have so far taken the stress of geopolitics in their stride. However, Donald Trump’s bombing of Iran will jolt markets from their complacency.
Franklin Global Growth Fund’s Patrick McKeegan foresees promising signs for stock pickers as the market breadth widens beyond the tech giants.
Expect more upheaval to come at ANZ following the exit of the one-time Google Australia boss. A new CEO is in town and on a mission to lift the perennial number four bank.
A slowdown in government-backed hiring could drag on job growth, economists warn, as the economy recorded a surprise decline in employment in May.
Jim Chalmers has revealed a bold ambition for major tax and economic reform. The question will be how much political capital Anthony Albanese will extend to deliver it.
Tax incentives should be given to builders who meet industry standards to help raise competition and investment, drive productivity and reduce the cost of building, says the MBA.
Jim Chalmers has vowed to ‘reform from the centre’ to drive productivity growth and fix a budget he admits is not sustainable, as he lays the groundwork for a new economic agenda
They can’t be serious. The Santos board rushing to sell Australia’s energy future at an uninspiring price is short-termism at its best. This will be lucky to pass the national interest test.
Fear of a protracted Middle East conflict has put investors and business leaders on edge as the Fed faces pressure from President Trump to cut rates despite the prospect of increased oil prices.
A top fund manager argues too many investors are exposed to the S&P 500, which risks delivering poor returns. Here’s where you should put your money instead.
Israel and Iran are on the precipice of all-out war, yet markets aren’t factoring in the likely shockwaves on oil supply and renewed inflation risks, fund managers say.
Business leaders and economists will demand changes in taxation and planning approvals at Anthony Albanese’s productivity roundtable, but the PM’s close adviser says expectations should be adjusted.
It could feasibly be one of the most reviled sharemarket rallies since Covid-19 swept the globe but investors who didn’t panic sell during the February-April drop have done very well.
Revealed by Anthony Albanese, the public service shake-up will see Steven Kennedy elevated to lead the Department of Prime Minister and Cabinet.
Auditors have raised concerns about the manipulation of property and farm valuations in preparation for avoiding Labor’s unrealised capital gains tax.
Investors push ASX to record amid US and China trade talk hopes. CBA continues to find strong support. ASIC secures four guilty pleas in Telegram ‘pump and dump’ action. Monash IVF shares tank after second embryo mix up.
Australia is becoming a haven for dirty money and much of it is coming from offshore. The boss of Austrac is fighting back.
Liberal Party supporters and former Reserve Bank board members have implored the Coalition to negotiate with Labor on an unrealised capital gains tax.
EV maker Tesla’s board, headed by Australian former Telstra executive Robyn Denholm, needs to rein in its out-of-control chief executive.
Two high-profile visits to China by senior Australian central bank officials have returned a verdict of confidence that the Middle Kingdom remains well-placed to ride out the upheavals emerging from Washington’s haphazard approach to trade policy.
Australia’s fleeting trade surplus with the US this year has reversed back to its long-term deficit, handing Anthony Albanese the opportunity to step up his fight against Donald Trump’s tariffs.
Australian banks have outperformed the miners since late 2023 but Citi believes having too much emphasis on the financials could pose a ‘material risk’ for investors.
Jim Chalmers’s hopes for a private sector-led economic recovery have been dampened by weak business investment, zero productivity and low economic growth, putting more pressure on the Reserve Bank to cut interest rates.
Anthony Albanese has left open the chance of rewriting his proposed superannuation tax reforms to strike a deal with the Coalition that would sideline the Greens.
Economists from the ‘big four’ banks have cut their growth expectations for the first quarter of this year ahead of official figures released on Wednesday.
A petition against Labor’s unrealised capital gains tax has achieved more support in its first few days than the petition he launched to successfully take down Labor’s franking credits policy in 2019.
The Fair Work Commission is expected to issue an inflationbeating pay increase of around 3.5 per cent in its annual wage decision on Tuesday.
Concerns over softening private capital expenditure and growing red tape have brought 23 peak industry bodies together to plan a co-ordinated response on productivity.
This low-profile, but ambitious, project has the potential to transform the economy. And there’s not a politician in sight.
Australia isn’t living up to its investment potential says Australia-based Tesla chair Robyn Denholm, and the lack of focus on this is a significant concern.
Original URL: https://www.theaustralian.com.au/business/economics/page/3