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Economics

Market wrap

AAP  |  FRIDAY, 17 APR 2015
The big miners and banks are dragging the share market lower as investors take profits from recent gains and exercise caution due to concerns about Greece's debts.

Larry Fink warns of bubble in income assets

MARK SMITH  |  FRIDAY, 17 APR 2015
Head of the world's largest fund manager has warned shareholders about an ever-expanding bubble in yield-paying assets, inflated by central bank liquidity measures.

Risk mispricing a threat to investment: ANZ boss

DARREN SNYDER  |  FRIDAY, 17 APR 2015
The investment community is under threat from the current mispricing of risk, according to ANZ chief executive Mike Smith.

A fantabulous set of jobs numbers

BENJAMIN ONG  |  FRIDAY, 17 APR 2015
This plays very well in accord with the "permanent income hypothesis" formulated by Nobel-winning economist Milton Friedman. More full-time jobs brings about expectations of more permanent income that, in turn, encourages spending.

Market Wrap AM

AAP  |  FRIDAY, 17 APR 2015
The Australian market looks set to open lower following losses on Wall Street overnight.

Market Wrap AM

AAP  |  THURSDAY, 16 APR 2015
The Australian share market has opened higher.

China's deflation limited says ANZ boss

DARREN SNYDER  |  THURSDAY, 16 APR 2015
ANZ chief executive Mike Smith believes any deflationary effect on China in the near future will be "quite limited".

Now for Australia's debt surge

BENJAMIN ONG  |  THURSDAY, 16 APR 2015
Australia's "Debt will grow 32 per cent to 22.4 per cent of GDP in 2020 from 17 per cent at the end of 2014..."

Market Wrap AM

AAP  |  THURSDAY, 16 APR 2015
The Australian market looks set to open higher after a rally in petroleum-linked equities helped lift US stocks following mixed earnings and economic data.

Bernie Ripoll to retire from federal politics

LAURA MILLAN  |  WEDNESDAY, 15 APR 2015
Labor MP and architect of the first Future of Financial Advice (FoFA) reforms Bernie Ripoll will not contest the next federal election.