The policies shaping our future
ANZ Bank says 'combination of restrictive interest rates, tax policy changes and global uncertainty have dampened sentiment'.
Interest rates kept on hold despite inflation higher than expected and petrol prices continuing to rise.
In terms of the property market, things are on the way up, down in the south of the country. Adelaide is the star of the show, new data has revealed.
Federal Labor policy changes for capital gains tax concessions and negative gearing appear to have prompted a decline in mortgage applications, a bank says.
ASIC investigations have led to a surge in bans or licence cancellations for businesses and financial managers in the past financial year.
Australia maintains its high credit rating on the back of bracket creep and increased taxed in the property market.
A rebounding gold price is adding weight to a mining stock rally, as the odds of US interest rate hikes fall on hopes of a Middle East peace deal.
The housing market is recalibrating in the wake of the federal budget as real estate website owner REA group finds more is being put up for sale than expected.
Artificial intelligence could lift productivity in Australia by up to 2.4 per cent and add an extra 44,000 new jobs over the next decade, modelling suggests.
Australians who inherit an investment property from their partner won't lose their access to negative gearing, draft laws revealed by the treasurer confirm.
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