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With high capital costs linked to petroleum and gas infrastructure, collection of PRRT funds for regional development may be delayed for several years. Phil Noble/Reuters

Government’s oil and gas tax response will leave regional communities at a loss

Local communities are likely to be dissatisfied with the report from the PRRT review because its recommendations only apply to future projects and won’t herald any changes in the budget.
If Australia adopted a similar approach to the Hong Kong to eliminate debt loading abuse, United States oil and gas giant Chevron would have been denied A$6.275 billion in interest deductions. Ray Strange/AAP

Chevron is just the start: modelling shows how many billions in revenue the government is missing out on

New modelling shows governments need to ensure that corporations benefiting from the use of Australia’s resources, are contributing the same as they do in other jurisdictions.
Australia’s central bank says labour market conditions have been weaker than expected. Dan Himbrechts/AAP

Vital Signs: where are all the jobs?

Wages are sluggish, underemployment seems stubbornly high, and there is a continued push to part-time rather than full-time employment.
The federal government receives more revenue than the states so it divvies it up between them, but with conditions. Lukas Coch/AAP

Budget explainer: the federal-state battle for funding

The reason for the constant struggle for funding between the states and federal government relates back to the constitution.
With the 457 visa scrapped, the new visa work program will have tightened work experience and English language requirements. Bernadett Szabo/Reuters

Australian government axes 457 work visa: experts react

The Turnbull government is axing the 457 visa program and replacing it with a new Temporary Skill Shortage Visa but it might not have the desired affect on the labour market.
At least ten cents in every dollar of superannuation assets is indirectly financing house purchases via commercial bank debt. AAP/Lukas Coch

Here’s how superannuation is already financing homes

What critics of the plan to use superannuation for housing miss is that Australia’s super system already channels a significant proportion of retirement savings into housing.
A blockchain’s ability to move assets from one owner to another allows less dependence on intermediaries. www.shutterstock.com

How the blockchain will transform housing markets

There are many hidden costs and inefficiencies in housing markets. Blockchain is poised to transform that.
Shadow or parallel banking refers to the non-bank financial intermediaries that supply services similar to commercial banks. Jenny Evans/AAP

Explainer: shadow banking and where it came from

Shadow banking provides investors with the means to isolate risks, transfer profits, avoid regulation and increase the range of money-like financial products available for investment.
Data from the Australian Prudential Regulation Authority (APRA) reveals the average balance on housing loans has barely trended upwards over the last five years. Tracey Nearmy/AAP

Three charts on mortgage stress: it isn’t as bad as you might think

When you look at the data (in three charts) on mortgage stress, the systemic risk of people not being able to repay their home loans appears small.