Adam Schwab: How Philip Lowe’s failures could help send Australia into a recession
Inflation and rising interest rates are pushing Australia towards a likely recession. And on the list of culprits, RBA governor Philip Lowe is very near the top.
Inflation, debt and de-globalisation: How a surging US dollar could hurt the world economy
The US dollar is the world’s reserve currency, which means it is used in most international transactions. As a result, changes in its value have implications for the entire global economy.
Metricon lists $65 million worth of property amid tumultuous time for construction
At least 56 display homes were listed by Metricon in the last two weeks, from a $650,000 home in regional Victoria to a $3.2 million property in Melbourne.
Treasury will once again model the economic toll of climate change as Sydney businesses face yet another flood disaster
As SMEs across Sydney count the cost of yet another flood disaster, Treasurer Jim Chalmers has confirmed the nation's top economic department will resume its modelling of the risks posed by climate change.
John Durie: Small business on the losing side in the battle against staff shortages
Competition with big corporations to retain and hire staff amid widespread shortages is now emerging as a new hurdle for small business.
“Hard economic landing”: Builders urge RBA to take its time on another interest rate hike as construction faces the brink
The construction industry is weighing the need to combat inflation against the likelihood rising interest rates will deter new home buyers.
RBA hikes cash rate target 0.5% to 1.35%, matching market predictions as the central bank battles inflation
The Reserve Bank of Australia hiked the cash rate target 0.5% on Tuesday, matching market expectations as the central bank battles inflation.
“Very real human cost”: As another flood crisis hits NSW, businesses urge a radical rethink of disaster support
Businesses, homes and schools in Greater Sydney have been inundated with floodwaters as another major flooding disaster hits New South Wales.
Female solicitors now outnumbering males in NSW, but gender pay gap still evident
The NSW legal profession is becoming more diverse, but the gender pay gap is still evident and women remain underrepresented in leadership ranks.
Three ways to stop Sydney’s flood crisis from happening again
Right now, attention is rightly focused on helping those immediately affected by the disaster. But as the floodwaters subside, we must urgently act to avert a repeat of this crisis.
Government sets 20% procurement target to give SMEs “a better deal”
The Albanese government says it will ensure small and medium businesses are awarded a greater share of Commonwealth contracts, as part of its commitment to creating “a better deal for small business”.
Victorian homebuilder Waterford Homes the latest constructor to call in the liquidators
The Geelong-based company is the latest construction firm to struggle as material costs and fixed-price contacts dig into the sector.
