1+ day, 13+ hour ago   (327+ words) Interest rate rises are firmly back in vogue. Or, as ANZ put it in a recent note, “the post-GFC era of low rates is over”. Here’s what you need to know about the key economic data releases this week. The…...

4+ day, 7+ hour ago   (299+ words) Forgive me my pedantry, but if Australia is going to regulate social media algorithms, we should be precise about what an algorithm actually is. Discussion of the Albanese government’s proposed digital duty of care has been framed in the media…...

4+ day, 18+ hour ago   (321+ words) The news: High-end homes are leading Australia’s property slump, with the top 25% in Sydney and Melbourne now more than 10% below their peaks, according to Cotality. The most expensive houses in Sydney are 10.7% below their peak value, while those in Melbourne…...

5+ day, 10+ hour ago   (225+ words) The news: Global financial services firm State Street Corporation has promoted its Australia country head to the head of Asia Pacific. The context: Helyar will be based in Hong Kong to oversee State Street’s regional business strategy and will report…...

5+ day, 13+ hour ago   (223+ words) Matt Canavan respects Pauline Hanson. But the Nationals leader, whose party is fighting tooth and nail to counter One Nation’s continuing rise, said the Ipswich firebrand is “a lone ranger” with no record of leading an effective team or delivering…...

6+ day, 16+ hour ago   (327+ words) The Reserve Bank has failed to get inflation back to target for five years. But while government spending, two international wars and an economy bolstered by AI-related investment have all been blamed for inflation running too hot, there may be…...

6+ day, 23+ hour ago   (273+ words) The news: Labor’s tax reforms would have a modest but immediate impact on house price growth, Treasury officials warned in a newly released document. Advice given to Jim Chalmers said the government’s planned housing tax policies would reduce returns for…...

1+ week, 2+ day ago   (203+ words) Australia now has its own Roe v Wade, the 1973 US Supreme Court decision on abortion rights that inspired a never-ending legal campaign against “activist judges”. Local conservatives want to turn Lange v the ABC, the 1997 High Court decision confirming the…...

1+ week, 4+ day ago   (412+ words) The news: Former KPMG Australia chief operating officer Eileen Hoggett has filed to sue KPMG in the Supreme Court of NSW. The legal action follows the firm’s decision to expel her from the partnership. The context: Hoggett’s expulsion was the…...

1+ week, 4+ day ago   (256+ words) Growing political and regulatory scrutiny of the Big Four accounting firms, sparked most recently by KPMG Australia’s audit scandal, hasn’t dissuaded private equity firms from keeping an eye on the sector. If anything, it has made them even more interested…...