How algorithms are changing the world
Momentum is building towards a drastic social redrawing as algorithms’ decision-making ability grows increasingly complex.
Why the enforcers need the banks’ protection money
The big banks are tipping in the lion’s share of $275bn into a liquidity facility that may never be used, but it’s an insurance policy we all have to have.
The Fed’s doing an ‘Italian job’ on us all
With the Fed bus hanging over a money cliff, we can only hope Yellen doesn’t tip us over the edge.
Saving Australia from the commodity export rout
Commodity production is soaring just as China begins to slow, leading to an export rout of historical proportions. The long-term risks to the Australian economy are growing.
Taking a gamble with negative interest rates
Oliver Marc Hartwich
Having money in the bank isn’t what is used to be. The ECB’s negative interest rates are filtering through the system, with one German bank now charging its customers to store their cash.
A bleak jobs picture that’s set to worsen
The latest unemployment and workforce participation numbers underscore the tough economic conditions, and why the next rates move could well be down.
China’s high-speed debt train picks up pace
Of the many risks that threaten to derail the world’s second largest economy, burgeoning local government debt has the potential to inflict the most pain.
Another coal power station bites the dust
Coal power station Redbank won't be just mothballed, it will be dismantled and sold for its parts. Yet the plant is relatively new, commissioned in 2001. Could the similar sized Anglesea coal power station, built in 1969, be next?
Why house prices will keep surging
Far from falling into an abyss, various factors will drive growth in the residential property market.
Brisbane Airport happy to promote fossil fuel projects but not climate change
Chevron and Santos aren't really selling oil and gas to airport commuters. Their ads are as political as the WWF climate change billboards rejected by Brisbane Airport for being 'political'.
Video of the Week
What Murray means for banks
Stephen Bartholomeusz and Jackson Hewett
Bank reporting season is over with a mixed bag in terms of earnings. But past is prologue for the real game - David Murray's recommendations for bank capital reserves. In this video, Stephen Bartholomeusz looks at the likely impact of the Murray inquiry.