Malcolm Turnbull is facing a difficult set of economic circumstances.
AAP Image/Sam Mooy
What can Turnbull do to deliver the kind of outstanding economic leadership he says Australia needs? His first step will be to acknowledge the economic problems Australia is currently facing.
Perhaps this is not technically a recession, but certainly it looks, smells, and feels a lot like one.
AAP/ Sam Mooy
Technically, Australia isn’t in recession; but data shows we are effectively in a situation of negative growth.
Despite the slowdown in China, Josh Frydenberg says that there are strong signs for the Australian economy.
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Assistant Treasurer Josh Frydenberg talks to Michelle Grattan about Syria, Australia's humanitarian refugee intake, the economy, and much more.
Treasurer Joe Hockey said Australia is not heading for a recession.
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Australia has had 24 years of consistent growth. Is it all about to come to a crashing end?
Commonwealth Bank shareholders continue to be rewarded with high dividends, despite the bank needing to raise capital.
Dan Peled/AAP
Australian companies are paying more of their profits out as dividends, and if it continues it will hurt our economy.
What goes around comes around –
New circular thinking, access to abundant solar energy and supporting new technology could provide a competitive advantage for Australian industries.
Flickr/Beyond Zero Emissions
Australia’s relative share of global economic opportunity derived from smarter use of materials, energy and water could be $26 billion each year by 2025. Here are four ways Australia could make the most of the circular economy boom.
Australian Prime Minister Tony Abbott has thrown his support behind coal mining, arguing coal is ‘good for humanity’.
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Despite the divestment movement gaining ground, the share prices of our major coal miners suggest there’s still strong investor support.
Owning a home will remain just a dream for many Australians.
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Treasurer Joe Hockey doesn’t believe Sydney housing is unaffordable. The data suggests otherwise.
Treasurer Joe Hockey is hoping budget measures aimed at small business translate to economic growth.
Dan Peled/AAP
Business confidence might be up after the budget, but there are more reliable measures of what’s really driving the economy.
When NSW Premier Mike Baird met with Indian Prime Minister Narendra Modi last year, it signalled new opportunities for Australian states.
Saeed Khan/EPA/AAP
Following in the footpath of China, India is seeking new state to state tie-ups. Australia should answer the call.
Australia has committed to a long-term global average temperature increase to no more than two degrees Celsius – yet often envisions a future in which its is a major coal exporter.
EPA/FEDERICO GAMBARINI
When it comes to climate change and Australia’s economic future, different crystal balls can produce vastly different results.
Treasurer Joe Hockey’s failure to talk about basic measures of the economy in his second budget speech is telling.
AAP/Mick Tsikas
A budget speech that fails to discuss basic measures of how the economy going is revealing in itself. Joe Hockey is the first treasurer since at least 1981 not to mention GDP.
Monetary policy is more nimble than fiscal policy.
AAP Image/Lukas Coch
A neutral fiscal policy stance should be the general rule for Australia. It is unwise to attempt to use the federal budget to manage economic growth.
Treasurer Joe Hockey and Finance Minister Mathias Cormann speak to media during the 2015 budget lockup.
AAP Image/Lukas Coch
The impact of 2015 budget measures delivered by the government pale into insignificance when compared with the external factors hurting the budget bottom line.
Australia can expect expansion in sectors such as tourism, the health and financial services sectors, banking and securities.
AAP Image/Joel Carrett
Mining, along with agriculture, will continue to be key parts of the Australian economy – but new growth is expected in the services sector.
What goes up must come down: Australia’s economy is in for a wild ride ahead.
AAP Image/Dave Hunt
Now is not the time for complacency. Australia must be on the front foot if it wants to make the most of what economists are calling the “new normal.”
As economic growth in China moderates, so will its demand for Australia’s raw materials.
AAP Image/Alan Porritt
The mining boom is over and the industry is employing fewer workers – but the outlook for mining in Australia seems generally good.
The People’s Bank of China surprised observers by cutting its reserve requirement ratio by 100 basis points to 18.5% on the weekend.
EPA/MARK
Most of the new credit released after China’s central bank cut the required reserve ratio will be used to fund new investment in infrastructure and construction – and that’s good news for Australia.
In times of market jitters, investors flock to “safe-haven” investments like government bonds.
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Uncertainty about economic growth is driving record low long-term government bond yields, but there’s more to the story.
Journalist George Megalogenis takes an affectionate journey through the milieu of Australia’s economic reform in a new ABC documentary, Making Australia Great.
ABC TV
A line-up of former prime ministers stake their rival claims to making Australia great, in a new series by journalist George Megalogenis.