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RBA: Sustainable growth is the aim

03 Nov 2009, 3:14PM

The RBA says its decision to raise rates will help ensure sustainable economic growth and keep inflation close to its 2 - 3 per cent target. Read more

Australia 'has a serious debt problem'

02 Nov 2009, 6:01PM

A leading analyst says Australia's latest economic forecast - despite its positive outlook on unemployment and growth - reveals a serious debt problem. Read more

James Frost

JAMES FROST

The rise and rise of Australian interest rates

The RBA's decision to move interest rates by the smallest increment possible doesn't mean that it's happy with current settings for monetary policy. Read more


GM plans 10,000 job cuts at Opel

05 Nov 2009, 8:52AM

General Motors says it wants to cut around 10,000 jobs at its European division Opel a day after the US car maker stunned the auto sector by scrapping plans to sell the German-based unit. Read more

Big four banks match RBA rate rise

ANZ bank sign (AAP)

04 Nov 2009, 7:00AM

Australia's big four banks have wasted no time in matching the Reserve Bank's interest rate rise with 25 basis point increases to variable home loan rates. Read more

RBA lifts rates by 25 basis points

An interest rate rise is a certainty on Melbourne Cup day. (SBS)

03 Nov 2009, 9:44AM

The Reserve Bank of Australia has lifted rates by 25 basis points, moving the cash rate to 3.5 percent.
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Myer shares plunge after ASX re-listing

02 Nov 2009, 6:20PM

Shares in Australia's largest iconic department store have tanked 8.5 per cent after it listed on the Australian Securities Exchange. Read more

Homeowners boosting credit demand

30 Oct 2009, 1:42PM

Signs of a strengthening economy have yet to filter through to increased borrowing by consumers and business, but homeowners continue to demand credit. Read more

US rebounds from recession

Wall Street trader

30 Oct 2009, 6:59AM

The United States is rebounding from recession, posting its strongest economic growth in two years as government stimulus spurred consumer spending.

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Japan gradually recovering from recession

29 Oct 2009, 3:03PM

Japan's factory output rose for a seventh straight month, in the latest sign the world's second largest economy is slowly recovering from a recession. Read more

Government to aid Bridgestone workers

27 Oct 2009, 3:52PM

The federal government will spend $4.7 million to assist the 600 workers made redundant by the closure of Australia's last tyre manufacturing plant. Read more

Golden handshakes restrictions approved

The corporate world has been criticised for golden handshakes. (Getty Images)

27 Oct 2009, 7:55AM

A bid to rein in 'fat cat' bonuses is a step closer after the Senate passed draft laws giving shareholders greater power to veto large payouts to departing executives.
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Iceland bids farewell to the Big Mac

Person eating burger (Getty)

27 Oct 2009, 7:31AM

The Big Mac, long a symbol of globalisation, has become the latest victim of Iceland's overexposure to the world financial crisis. Read more