A CONCERNING new report has revealed Australians face a collective $700 billion cut to their wealth. The Household Deleveraging Risk Indicator, put together by US investment banking giant Morgan Stanley, …
Read MoreSYDNEY (Reuters) – Australian consumer prices stayed tepid last quarter while core inflation – a measure closely followed by the central bank – dipped, knocking the local dollar and cementing …
Read MoreBANGKOK (AP) – The Pacific rim trade pact abandoned by President Donald Trump will take effect at the year’s end after Australia became the sixth nation to ratify it. Australia …
Read MoreTHE LAST time Australia suffered a recession, the Soviet Union still existed and the internet did not. An American-led force had just liberated Kuwait, and almost half the world’s current …
Read MoreThe fallout from the banking royal commission may hurt bank profits, and rising trade tensions could spark a sharp global downturn that puts Australia’s highly indebted households at risk, the …
Read MoreThe fallout from the banking royal commission may hurt bank profits, and rising trade tensions could spark a sharp global downturn that puts Australia’s highly indebted households at risk, the …
Read MoreModelling by Morgan Stanley indicates Australia is the most at-risk country among G10 economies to a deleveraging of household debt. The bank’s base-case is that the current housing downturn will …
Read MoreThis week’s Economist magazine features Australia on the cover with the caption: “Aussie Rules: what Australia can teach the world”. Inside, the text is effusive: Australia is “the wonder down …
Read MoreAustralia’s spy chief has explained why China’s Huawei or ZTE could not be allowed to help build Australia’s new 5G mobile network, saying a potential threat anywhere in the network …
Read More“Australia looks most exposed, combining high household and external leverage, weak domestic housing conditions and potential further macroprudential and structural/tax policy adjustments ahead,” Morgan Stanley noted in new global report. …
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