The US has blatantly left Australia with a choice between inflation and an uncompetitive export sector. What to do? Well, we should put our high dollar to good long-term use.
Wake up to Fed currency warfare
Overnight, the Fed has stepped up measures that will keep the US dollar low. For Australia to survive the currency war intact, the Reserve Bank must fight back.
Fed super stimulus shoots for growth
Bold policy settings have yielded fantastic returns for a US economy that was on the brink of collapse in 2008. The extension of these policies is a logical next step.
BHP bails on a blase gas sector
BHP Billiton has opted out of Browse in part due to the extra capital and operating costs hitting the sector. With big changes abroad, a lackadaisical approach to LNG development is a risk we can't afford.
The sun will soon shine for Cameron Clyne
The National Australia Bank chief's performance is coming under increasing pressure... but there's a reason his fortune is about to turn.
Fortune won't cut it for the lucky country
Below the fears over global markets and China's resources demand, there's a raft of less obvious signals Australia's luck has run out. It's time to start relying on brains instead.
It's a hard knock life for Australia
A double whammy of political instability and strong currency has sent Australian business confidence lower even than Italy's. At least we're not dealing with a tax fraudster with a taste for bunga bunga.
India's tiger economy stalks Beijing
India will soon register faster economic growth than China but its per capita income remains woefully low. The decision to amend foreign direct investment rules will help to turn this around, slowly.
Confounded by pranksters and journalists
Increasingly, the journalism delivered to Australians is a product of stunts and the fantasies of media managers – and that’s as true of political coverage as it is of the comings and goings of celebrities.
Stevens ponders his limitations
Reserve Bank Governor Glenn Stevens has acknowledged that monetary policy must play its part in controlling bubbles – especially the dangerous 'feedback' type – but admits the bank offers no silver bullet.
Online quickly or offline forever
It's up to retailers themselves to adapt and change so they can survive the overseas online onslaught – whether it be by battling on price, service or otherwise.
Putting the squeeze on Chinese investment
CNOOC just landed a $14.6 billion takeover of Canada’s Nexen, but Australia will be watching closely to see if new Canadian rules for state-owned enterprises chill the flow of foreign capital.
Berlusconi battles towards an Italian liberation
Oliver Marc Hartwich:
Italy is a paradoxical country and the prospect of a Silvio Berlusconi return appears at first to underscore its dark side. But this time, the tainted septuagenarian brings a powerful political argument.