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Rate hike is risky business for a faltering economy

By Stella Huangfu The Reserve Bank of Australia has raised the cash rate to 4.6 percent from 4.35 percent, taking the key rate to its highest level since late 2011 as

Interest rates lifted to a 15-year high of 4.6%

The Reserve Bank board has lifted interest rates by another 25 basis points (0.25 percent) to 4.6 percent, the highest point in 15 years. It warned that it would not

China no longer easy pickings for exports and students

By Christoph Nedopil For decades, China’s market of 1.4 billion people and extraordinary economic growth gave Australian exporters seemingly endless opportunities. The

World economy is mostly riding out oil shock

The global economy has come through the oil shock from the Middle East conflict better than expected but inflation continues to haunt the recovery. The OECD’s Interim

Surprising results from tax change modelling

By Nick Garvin and Elyse Dwyer The Federal Government’s tax reforms are the most significant changes for housing investors Australia has seen since 1999. From July 1,

Housing market is ‘down but not distressed’

Housing prices are continuing to fall but a new report says there is little evidence of a “distressed” market. The Savills Australia Residential Research report for

Builders collapsing despite the housing shortage

By Lyndall Bryant and Amanda Bull Across Australia, thousands of people are waiting to find out if their homes will be built, after several separate construction

Flat economy failing to lift living standards

John Hawkins and Stephen Bartos Australia’s economy expanded by 0.4 percent in the June quarter, with spending growth driven by record sales of imported electric

Bank predicts even bigger drop in house prices

The Commonwealth Bank has revised down its dwelling price forecasts off the back of weaker sales momentum over the past three months. It says the housing downturn has

Queensland seeks closer investment ties with Indonesia

The Queensland Government is holding talks with Indonesian officials this week as part of efforts to attract resources investment. It has also announced a trade mission

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