Scott Morrison presented his first budget plan as treasurer on Tuesday, outlining the need for a more diverse economy and announcing a ten-year enterprise plan to support jobs and growths.
Negative gearing and capital gains tax are a looming battleground in the federal election, with a report last month showing that reforms would lead to rent increases of between 4% and 10%.
Young people have missed out at the expense older workers and migrants in the job market, according to new research on youth employment.
The Turnbull government has announced a $75 billion infrastructure project to secure the future of Arrium Mining and Minerals, which entered into voluntary administration on Thursday.
Advancements in mobile technologies will pave the way for increased productivity, driverless cars and the Internet of Things.
Australian manufacturing levels hit record highs for the ninth consecutive month in March, with the sector outgrowing US and Europe expansions.
Leaders of states and territories have had mixed responses to the Prime Minister’s proposal to share the responsibility of collecting income tax between the federal and state governments.
There is no need to abandon fiscal equalisation, which has helped protect us from the regional disparities that afflict the United States.
Five new plans released by the CEDA show how the budget could be returned to surplus before the decade’s end.
Australian analysts have warned that a Trump presidency might spell doom for Australia-US relations. According to an analyst, Trump hardly reflects the values that made America great.
The main threat to Australia’s economic future is population growth outpacing infrastructure development, says Infrastructure Australia chairman Mark Birrell.
The government’s attack on Labor’s negative gearing proposal was an “extraordinary abuse of economic modelling,” say the Australia Institute.
This week: the Australian economy exceeds expectations, while China continues to worry. RBA Governor Glenn Stevens has reason to smile, Janet Yellen less so.
A report argues that the over half a trillion dollars invested in infrastructure projects in the past decade failed to substantially lift economic output, with the 'margin of error' being as high as 30%.
The business community had stratospherically high expectations for the Turnbull Government, but the hype has failed to materialise into positive action.
Matt Barrie’s viral essay on LinkedIn and NSW Premier Mike Baird’s Facebook post awakened the debate on Sydney’s lockout laws. IBTimes Australia speaks to some Sydney bar owners and bartenders about the contentious bans.
A rise in the cost of credit for lower-quality borrowers - which is how housing bubbles burst - will be a key thing to watch in Australia.
The profitability of Australia's banks, which at one point were worth more than the whole of the European banking sector, may not last as margins are under pressure on two counts.
A cooling property market has pushed renovation costs up by a whopping 8.11% for NSW homeowners.
Studies show that outsiders have a higher likelihood of getting dismissed within the first three years of taking on the job. Evidence further shows that outsider CEOs often fail to deliver the expected turnaround of the organisation.
Prime Minister Malcolm Turnbull questioned whether the benefits of increasing the GST would be worth the difficulties of doing so.
Australians are swapping mortgage forms for credit card and personal loan applications, with consumer credit demand rising 9.7 percent in the December quarter of 2015, as compared to the same period in 2014.
Australia should not be complacent about maintaining its top credit rating, which depends on achieving budget repair and a more diverse economy, Treasury secretary John Fraser has said.
Some of the towns affected by the bushfires in Victoria remain closed and the exact economic damage of the incident is still being calculated.
Annastacia Palaszczuk said she would wait for the government to reach a decision on the suggested Sunday penalty rates changes.
Speaking at the Lowy Institute, Bill Shorten criticised PM Malcolm Turnbull for sticking with Tony Abbott’s climate policy ahead of the United Nations Climate Summit in Paris.
Online scammers continue to mislead Australians into applying for fake loans by pretending to be legitimate Australian loan lenders.
The fading boom can be good news for home buyers as prices become more 'realistic'.
The expansion of nuclear power is creating the opportunity for Australia to become the world's top uranium supplier, says a new Minerals Council report.
The Australian property market prices will soon ease off, predicts SQM Research in its Housing Boom and Bust report.