Was Barnaby Joyce right about Labor’s record on debt?
AAP Image/Mick Tsikas
Deputy Prime Minister Barnaby Joyce said that when the Coalition lost government in 2007, Australia was owed billions by the world -- but that when the Coalition regained power in 2013, Australia was in debt. Is that right?
The Tata steel plant at Port Talbot.
The UK government is considering taking a stake in a dying asset when it could have helped build a balanced economy much earlier.
Hitting the buffers.
When a High Street stalwart falls by the wayside, don't rush to mourn the slow death of town centre shopping.
The earth is a finite place.
Earth image from www.shutterstock.com
The global economy is already unsustainable – let alone if it gets bigger.
Maybe not, if you work on Wall Street.
Falling homeownership rates, stagnant wages and diminishing retirement savings mean that for more and more Americans, the middle-class dream is slowly dying – if it's not already gone.
The University of Leeds has issued a £250m public bond.
Peter J Dean/flickr.com
Public bonds with historically low interest rates are proving a tempting choice to universities in need of cash.
Out of kilter? Deutsche’s CEO makes his pitch.
Is the debt designed to prevent another financial crisis turning on its creators?
A new study reveals just how tough it can be to rebuild a life after homelessness.
It's a turbulent time for the global economy – here's what to expect.
Treasury secretary John Fraser says if Australia were to permanently reduce net debt, it would have to achieve sustained structural budget improvements.
Australia should not be complacent about maintaining its top credit rating, which depends on achieving budget repair and a more diverse economy, Treasury secretary John Fraser has said.
Easing your path to lending.
One day, your Facebook posts and Tweets might convince lenders to drop you some cash. Until then, here are five simple ways to help open up the bank vaults.
‘Heave away boys …’
With the economic dashboard flashing red, here's the route to safety.
Even Congress gets into the Christmas spirit.
Future taxpayers were the big losers of the trillion-dollar budget deal, who will have to shoulder the burden of higher interest payments.
Many people aspire to live a middle class life. Once they attain it, sustaining it is a big challenge.
Reaching middle class status and sustaining it into retirement is a major challenge. The key is to live within your means.
Emerging markets aren’t in Janet Yellen’s economic club.
Monetary policy since the financial crisis has flooded the market with cheap capital. A rate rise will reverse this and put developing economies at risk.
The crisis has changed its colours.
The loans that plunged the world into financial chaos a decade ago are beginning to appear again. Just how scared should you be?
Retailers offer ‘rewards’ programs and loyalty cards that can trap customers into a debt cycle.
In the global South, where some argue that "everyone is now middle class", people are reluctant to acknowledge that they need to borrow money – and the stigma drives them to dodge their debts.
Sometimes it’s not a good thing to have a roof over our heads.
Dollar ceiling via www.shutterstock.com
The consequences if lawmakers don't raise the debt ceiling in the coming days are unknown but potentially devastating for the US and global economy.
Finance Minister Mathias Cormann said the government is continuing to reduce the deficit and debt.
AAP Image/Paul Miller
The finance minister says the government is reducing the deficit and debt and lowering the spending growth trajectory of the previous government. Is that right?
Japan has higher debt levels than Greece and yet it doesn't need international bailouts. Why?