Australia economy

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• Most Australians believe the cost of living has soared over the past year

  21 Oct 2014:

  Poll finds 72% believe cost of living has worsened, while two in three say electricity costs have risen

• Is Australia destined to be dragged down by Europe's economic malaise?

  20 Oct 2014: The EU economy is roughly the same size as the United States. When something that big hits the wall, it has reverberations

• Australia faces gas price shock – but it's in the national interest, says report

  19 Oct 2014: Households will have to pay up to $300 more a year but Grattan Institute says export boom behind the hikes is ‘too good to miss’

• Mathias Cormann denies his 'economic girlie-man' insult is sexist

  19 Oct 2014: Penny Wong says the finance minister’s jibe sends a message that girls are ‘somehow less confident, weak’

• The casualisation of Australia’s workforce is nothing to panic about

  17 Oct 2014: Research suggests that a sizeable proportion of people working on a freelancers and casual basis are doing so out of choice

• Tony Abbott unveils plan for businesses to help fund schools

  14 Oct 2014: Government to pilot scheme modelled on IBM-backed US school, and also introduce ‘growth centres’ for five industries
  

• Whichever way you cut it, the federal budget hurts the poorest hardest

  13 Oct 2014: The study by the National Centre for Social and Economic Modelling found that in this financial year, 99.8% of households are worse off after the budget

• One in seven Australians living below the poverty line, survey reveals

  12 Oct 2014: Acoss chief says findings ‘deeply disturbing’ and the 2014 federal budget is likely to push poverty rates even higher
  

• Share of first time buyers in mortgage approvals hits record low

  10 Oct 2014: Average loan size for first home buyers falls as share of investor lending reaches record high in August figures from the ABS

• ABS jobs and unemployment figures – key questions answered by an expert

  9 Oct 2014: A professor of statistics at Monash University explains exactly what is seasonal adjustment, why it matters and what went wrong in the July and August figures

• Beyond the headlines about economic growth it's not all gloom and doom

  9 Oct 2014: IMF cutting projections for 2015 world GDP growth from 4.0% to 3.85% is more of a reversion to previous expectations

• Foreign buyers blamed for driving up home prices in Australian capitals

  8 Oct 2014: Survey of property analysts comes amid a parliamentary inquiry into whether foreign investment is locking out first-time buyers

• ABS retracts data for August showing 121,000 new jobs were created

  8 Oct 2014: Bureau of Statistics to launch review into seasonally adjusted employment data that recorded largest swing in employment figures since records began in 1978

• Australia's unemployment rate set to be second worst in Asia-Pacific, says IMF

  7 Oct 2014: Financial organisation says only the Philippines likely to fare worse over the next two years

• Reserve Bank leaves interest rates on hold at 2.5% despite falling dollar

  7 Oct 2014: RBA governor Glenn Stevens says the ‘most prudent course is likely to be a period of stability in interest rates’

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