Divvy up of GST puts the heat on Chalmers
The Treasurer faces a backlash from his own state after its GST allocation was slashed by $2.4bn.
Economics
Super scare: As markets tumble, is your super setting OK?
Sharemarket turmoil and a grim outlook for investment returns is prompting many to question what effect all this will have on their superannuation.
Retaliatory tariffs a ‘Dumb and Dumber’ move
‘Anything over 300km should be on a rail’: NFF boss hits out at supply chain standards. ‘The government is right and Bill Shorten is wrong’ on retaliatory tariffs: top economics adviser. Will consumers pay $8 for coffee?
Engage with world rather than hit back at US, says Westpac boss
Westpac chief executive Anthony Miller says the best answer to Donald Trump’s tariffs is to engage more with the rest of the world, rather than a retaliatory response to the US.
Tariff trauma’s personal for NAB chief Andrew Irvine
The boss of big-four bank NAB has more skin in the game than most in Donald Trump’s tariff war. There are also lessons for Australia out of this.
Super industry is ‘not equipped’ to meet retirement demands
Setting up a super system for the accumulation phase is easy compared with the demands of supporting members in retirement, an industry expert says.
China’s thirst for dairy a boon for our farmers
Cream, cheese, yoghurt and milk are increasingly finding their way into Chinese shopping trolleys, which creates a significant opportunity for Australian dairy producers.
Taylor slammed for ‘weakest opposition policy in living memory’
Angus Taylor’s claim to have unveiled 34 economic polices in this term of parliament extends to taxpayer-funded mental health sessions, regulating vaping, increasing student visa costs, investing in ovarian cancer research and reducing the refugee intake.
Markets brittle as global trade war worsens
It’s clear US President Donald Trump isn’t backing down from his aggressive trade policies despite sharp drops by stockmarkets, meaning shares could be in for even bigger falls.
ASX dips; Aus should focus on Asia after US tariffs: Westpac
Australian stocks turn down after an early rise. Morgan Stanley cuts ratings on Australian stocks. Nine appoints Matthew Stanton as CEO. ACCC finds issues with DP World’s acquisition of Silk. Boss buys stake in uranium player.
ASX sinks; warnings consumers will cop tariff hit
Investors wipe $36bn off the local market and push the ASX 200 to the brink of a “correction” as Wall Street tumbles continues to tumble. No exemption for tariffs on Australian steel, aluminium sent to US. Corporate regulator sues super giant.
Coalition confusion as Dutton targets insurers
Peter Dutton has intensified his threat to break up major insurers for anti-competitive behaviour, as the opposition messaging on its forced-divestiture policy appears increasingly muddled.
Property scion’s parting shot at Victoria as tower plan dumped
The Tarascio family has sold off a prime Melbourne site where it had planned a luxury tower for more than a decade, as financial conditions in Victoria sour.
Cracks starting to appear in Trump’s economy
If the first casualty of trade wars are markets, Donald Trump’s tariffs are a stunning form of economic self-harm.
ASX 200 trims falls; tech stocks pummeled
Australian stocks trimmed half of a sharp intraday fall as US futures rebounded after recession fears hit Wall Street. Brookfield begins Healthscope sale process. Brickworks takes a writedown on US operations. Polynovo shares drop after CEO sent packing.
Uneven fight: Can this green banker win against Trump?
It’s the most uneven match up. Canada is betting it all on a former central banker with almost no political experience to take on Donald Trump’s tariffs.
ASX 200 edges higher; Star’s hotel sale ramps up
Salter Bros understood to be leading race for Star’s Sydney hotel, as casino group reviews Bally’s last-minute offer. Stocks lift from six-month lows. Energy sector leads gains. Johns Lyng dives.
Inside the mission to pull Star casino back from the brink
Project Antares was the radical plan CEO Steve McCann had quietly been working on for months. It fell into place just as the casino was about to run out of cash.
We need productivity on the election agenda
With Australia’s productivity performance in recent years dismal, policymakers should focus on areas of reform that could help to lift productivity and support new growth engines.
‘I really don’t like recessions’: NAB’s Alan Oster draws the line
The big four bank chief economist has analysed and probed every data point over nearly four decades. This is what he has discovered.
Tariffs and trade war spur a fresh hunt for income
Sharemarkets have gone backwards since the election of Donald Trump as President and your dividend income is sliding too. So what can you do to arrest this?
Why this CEO is bracing for Alfred’s aftermath
Cleanaway will have its work cut out in coming days and after being caught out in the last floods, this boss is not taking any chances.
The funds manager who made her dream of ‘something better’ a reality
When investment guru Geoff Wilson copped a backlash for saying women were better investors, Armina Rosenberg leapt to his defence. Now she’s a funds manager under the Future Generation program.
Spending spree lifts economy, lowers rate cut chances
Anthony Albanese will enter the federal campaign with an improved economic scorecard after Australia’s growth gathered momentum at the tail end of last year.
The final piece falls into place for Virgin listing
Conditions are booming in aviation, but Virgin Australia is gambling it can still land its multi-billion dollar IPO later this year.
Lesson buried in the data: it’s all about productivity, stupid
The economy is still travelling below trend and the most important message in these national accounts is the continuing decline in productivity.
How official economic statistics are lying to us
Wednesday’s improving GDP numbers will be spruiked by Labor in the looming election campaign, but they mask a darker truth.
Wilson builds his own ‘hybrid-like’ fund with $510m IPO
The veteran stockbroker has an income solution for the looming end of Australia’s multi-billion hybrid securities market.
RBA not in mood to keep cutting
The RBA has hosed down expectations that its February rates decision implies it will deliver further interest rate cuts.
Public spending and exports boosting GDP
Record-high government spending and a spurt in Australia’s exports propelled growth higher in the December quarter.
Original URL: https://www.theaustralian.com.au/business/economics/page/4