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RBA frets over severe global shock from Middle East war

WAR in the Middle East has the potential to trigger a “severe international shock” that would flow through to Australia’s economy, the Reserve Bank warns. International risks were “high and rising”, said Brad Jones, an assistant governor at the central bank, as it released its twice-yearly health check of the Australian financial system on Thursday. Already concerned over stretched valuations and high volatility in global equity markets, the US-Israeli attack on Iran and its impact on global energy markets has exacerbated RBA fears over risks to the financi

Safe as houses: home resale profits go through the roof

Hard decisions to optimise ‘ambitious’ measures

Supercharged inequality: rich investors stifle budget

Housing supply crisis needs more Budget attention

Spike in jobless rate unlikely to end loan hiking cycle

Interest rate rise is severely impacting borrowing capacity

‘GST is busted’: call for fairer revenue split

THE nation’s most populous state says it’s time for a tax shake-up, as anger grows over a GST carve-up that will cost it millions of dollars. Despite cashing in from high iro

Sticking points remain in battle to bust monopoly

E-conveyancing challenger Sympli is worried the long-awaited rollout of interoperability could face further delay, as a major announcement by the industry regulator looms. Australian Reg

IN a world first, the Australian Government’s financial intelligence unit AUSTRAC has released anti-money laundering program starter kits designed to help small business

Home investor tax-break no ‘silver bullet’

LABOR appears set to scale back tax concessions for property investors in a move welcomed by economists and social housing advocates. But while it’s set to boost intergen