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Economics

Superannuation tax concessions unsustainable: Bowen

DARREN SNYDER  |  FRIDAY, 15 MAY 2015
Federal Shadow Treasurer Chris Bowen said Labor's superannuation policy might not be universally popular but it was a better alternative to the coalition's decision to leave super alone.

Property groups looking through the schooner glass

DARREN SNYDER  |  FRIDAY, 15 MAY 2015
Australian property groups who recently made hospitality acquisitions may feel their choices are vindicated by a new report suggesting alcohol consumption has "rebounded" in the country.

Follow the money

BENJAMIN ONG  |  FRIDAY, 15 MAY 2015
Yup, QE3's finished, over and done with... but surprise surprise, the Fed's balance sheet is still expanding - it's expanded by 3.8% relative to its level this time last year and get this, it's up by 14.8% from December 2013 (a month before taper started).

Market Wrap AM

AAP  |  FRIDAY, 15 MAY 2015
The Australian stock market looks set to open higher, following strong gains on Wall Street.

Economist asleep over budget investment market impact

DARREN SNYDER  |  THURSDAY, 14 MAY 2015
Impact on investment markets from the 2015 budget does not excite AMP chief economist Shane Oliver.

No downing the dollar-A

BENJAMIN ONG  |  THURSDAY, 14 MAY 2015
"The Australian dollar jumped from US$0.7937 before the Budget to US$0.7977 yesterday and jumped some more to a high of US$0.8124 overnight. The dollar-A is fetching US$0.8121 as I scribble."

Market Wrap AM

AAP  |  THURSDAY, 14 MAY 2015
The Australian stock market looks set to open lower, following a flat lead from Wall Street.

Market Wrap PM

AAP  |  WEDNESDAY, 13 MAY 2015
The Australian stock market is higher, boosted by energy and retail stocks.

Good Budget, bad Budget

BENJAMIN ONG  |  WEDNESDAY, 13 MAY 2015
It's good. It's less austere and pro-growth than Budget 2014/15. It's bad. It's less austere and wouldn't make significant in-roads into cutting Australia's debt and deficit.

Budget projections risk being too optimistic, economists warn

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
Chief economists from major financial institutions have warned that the Government's projected revenue growth included in Budget 2015 risks being too optimistic.