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Economics

Mining exports finally give way to financial services

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
As Australia's extraordinary mining boom peters out, the Government is finally getting behind financial services exports and will invest $6 billion in free trade agreements (FTA) in Asia.

Hockey defends budget backflip

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
Treasurer Joe Hockey presented a budget he said focuses on Australian citizens' and businesses' opportunity to "have a go," despite hardening economic conditions.

Market Wrap PM

AAP  |  TUESDAY, 12 MAY 2015
The Australian stock market has bounced back after five consecutive days of falls, helped by gains in banking and mining shares.

Age Pension under the spotlight in tonight's budget

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
The 2015 Budget is expected to focus largely on Age Pension reforms that will likely require changes in the approach that the superannuation industry, financial advisers and professional investors take to design retirement strategies.

Budget for uncertainty

BENJAMIN ONG  |  TUESDAY, 12 MAY 2015
I could only surmise that it's the uncertainty surrounding the great reveal of Federal Treasurer Joe Hockey's second Budget (or is it Social Services Minister Scott Morrison's first?).

Market Wrap AM

AAP  |  TUESDAY, 12 MAY 2015
The Australian market looks set to open lower following falls on Wall Street overnight.

Market Wrap PM

AAP  |  MONDAY, 11 MAY 2015
The Australian stock market has bounced back from last week's losses as news of further economic stimulus in China helps lift commodity prices.

Dear mom, all's good

BENJAMIN ONG  |  MONDAY, 11 MAY 2015
The bond market rout eased - yields fell or stopped rising - and equity markets in America and Europe surged because there was good news here, good news there, everywhere good news.

Market Wrap AM

AAP  |  MONDAY, 11 MAY 2015
The Australian market looks set to open higher, following gains on Wall Street on Friday.

Market wrap

AAP  |  FRIDAY, 8 MAY 2015
The share market is up by almost one third of a per cent, with the banks leading the recovery after two days of heavy losses.