Slowing economy could shut the door on more rate hikes
Australia’s economy is heading for the slowdown it had to have. With the nation’s decades-long productivity growth malaise showing no sign of improving, Reserve Bank governor Michele Bullock admitted the…
Startups wouldn’t exist under tax reform, inquiry told
A peak body for private capital has warned some of Australia’s most successful companies would not have survived without the current tax policy settings. Australian Investment Council chief executive Navleen…
‘A lot riding’ on Pauline Hanson’s press club foray
Pauline Hanson’s party is on the “cusp” of a political breakthrough, but the popular leader will need to perform at key public events if she is to translate the momentum…
Struggling Pizza Hut chain to be sold for $A3.8 billion
The struggling Pizza Hut restaurant chain will be sold for $US2.7 billion ($A3.8 billion) by parent company Yum Brands. Yum Brands said the pizza chain has struggled with outdated stores…
No, the RBA doesn’t know what’s happening with inflation either
Michael Pascoe is a multi-decade RBA watcher. He’s feeling sorry for Governor Michele Bullock now having to face the media after every board meeting. It’s only my guess, but I’d…
UK unveils new sanctions on Russian shadow fleet
Britain has imposed sanctions on the banking arm of Russian firm Yandex, two other lenders and dozens of vessels accused of exporting Russian oil and gas, and a covert military…
Australia’s mining giants eye India, SE Asia for growth
Australia’s iron ore miners have emphasised how growing steel demand in India and Southeast Asia would help offset the stagnating market in top customer China, where they also face pressure…
Where’s the money? Government and Israel lobby coy on big grants
Australia’s Jewish community received 49 times more funding per capita for security than Muslim Australians but where does the money go? Stephanie Tran investigates. Where’s the money? The latest $176m…
‘Absolute rubbish’: work-from-home laws draw fresh flak
Businesses are spoiling for a court battle over Australian-first work-from-home laws covering full-time, part-time and casual workers. The Victorian Labor government introduced a bill to parliament on Tuesday, legislating the…
Drier, hotter conditions forecast as El Nino confirmed
Australia’s meteorological agency has confirmed an El Nino event in the Pacific, potentially bringing drier, warmer weather to parts of the country. While forecasts signal a “strong to very strong”…