The ASX 200 slid 2.9% on Thursday amid less than completely encouraging news at home, and awful news from abroad.
The progress we were making has been slowed or reversed, at exactly the wrong time.
The Reserve Bank and government have the means to keep us from recession. They’ll need the will.
We've two options of keeping ourselves out of recession, neither of them easy. The government will have to abandon its determination to get the budget into surplus.
No laughing matter.
No longer do the world economic figures contradict the former US Treasury Secretary's theory.
Money is cheap right now, so where are the returns?
Image sourced from shutterstock.com
Australia needs to change its national accounting system to be more like the private sector.
Treasurer Joe Hockey said Australia is not heading for a recession.
AAP Image/Dean Lewins
Australia has had 24 years of consistent growth. Is it all about to come to a crashing end?
The secular stagnation theory predicts the world will stumble along with anaemic growth and no inflationary pressures for the foreseeable future.
The major Australian banks have recently cut fixed mortgage rates below 5%. They have done so without any prompting from the Reserve Bank of Australia, which may actually start raising the policy rate…