Federal Reserve Chairman Jerome Powell speaks at a news conference.
AP Photo/Alex Brandon
The Fed abruptly ended two years of aggressive interest rate hikes, signaling the longest economic expansion on record may be coming to a close.
Jobs and growth underpinned by a healthy level of investment are essential aspects of a modern society, but cutting the company tax rate is not the way to go.
To reap the benefits of strong business investment without a costly tax giveaway, Australia must continue to play to its strengths.
Amazon’s original headquarters in Seattle.
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As the mining boom winds down, Australia’s non-mining investment may not be enough to protect living standards.
The current subdued level of non-mining business investment may be the "new normal".
The U.S. could do with a shot in the arm too.
Bear syringe via www.shutterstock.com
Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.
A 4.4% drop in business investment activity has caused alarm.
Business investment fell by 4.4%, with non-mining sectors slow to take up the slack left by resources.