New legislation may boost growth rate of employee-owned companies in the US, easing the impact of one of the largest transfers of wealth in American history.
Why is it that the US – which suffered a major downturn – seems to have a stronger economy than Australia , which did not even go into recession in 2008-09?
The Federal Reserve lifted rates for the second time this year and expects to do so once more, suggesting it’s fairly confident the economic recovery will continue. Is it overconfident?
Amy Auster, Australian Centre for Financial Studies
This week’s Reserve Bank interest rate move surprised virtually everyone, bringing the cash rate to 2.25%, yet another historic low. Despite Australian Treasurer Joe Hockey suggesting the rate cut means…
China’s central bank surprised most observers last month when it announced its first interest rate cut in more than two years. The move is intended to bolster growth in the world’s second-largest economy…
Since the global financial crisis, credit growth in Australia has returned. But while growth in home lending between 2008 and 2014 was relatively strong (0.49% per month), it was actually negative for…