Australian bonds slump tracking U.S. counterpart after House of Representatives approves budget

Oct 06, 2017 03:12 am UTC| Commentary Economy

The Australian bonds slumped, tracking similar movement in the U.S. Treasuries after the House of Representatives approved a budget, the first step toward tax reform. Investors also digested a slew of speeches from U.S....

Vital Signs Series

The data is mixed but worrying signs from mortgagees

Oct 06, 2017 00:17 am UTC| Insights & Views Economy

Vital Signs is a weekly economic wrap from UNSW economics professor and Harvard PhD Richard Holden (@profholden). Vital Signs aims to contextualise weekly economic events and cut through the noise of the data affecting...

Electric Vehicle Series

Jobs, tax and politics: three ways electric vehicles will change our world

Oct 06, 2017 00:15 am UTC| Insights & Views Technology Economy

China, the worlds largest car market, is working on a timetable to stop the production and sale of vehicles powered by fossil fuels. India has declared its intention to make all new vehicles electric by 2030. Like...

The government's new gas deal will ease the squeeze, but dodges the price issue

Oct 06, 2017 00:14 am UTC| Insights & Views Economy

The deal signed this week by the federal government and the nations biggest three gas producers will ease Australias gas supply squeeze, but it will do nothing to address the current high prices. Under the contract,...

FxWirePro: The Day Ahead- 5th October 2017

Oct 05, 2017 04:15 am UTC| Commentary Economy Central Banks

Not many economic data and events scheduled for today but some with high volatility risks associated. Data released so far: Australia: Trade balance for August came at 989 million with exports growing 1 percent...

Room sharing is the new flat sharing

Oct 05, 2017 03:54 am UTC| Insights & Views Economy

High rents and short-term rentals are driving people to organise themselves to share rooms with strangers in order to live in the city. Room sharing outside a family environment is also occurring in some professions. This...

Why we should listen to people angry about their taxes

Oct 05, 2017 03:37 am UTC| Insights & Views Economy

Is it too much to expect people to talk calmly and reasonably about tax changes? Yes. Yes, it is too much. As a historian of tax in 20th century Canada, I have read thousands of letters to ministers of finance, and they...