Could an extended period of subdued house price increases – the preferred path to more affordable Australian housing – wipe out a generation of would-be entrepreneurs?
The future of the woodchipping industry in NSW is in doubt, following a decision by timber company Boral to sell its export arm and wood processing plant.
Statement by the Fed's monetary policy setting arm, the Federal Open Market Committee.
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The UK economy is ‘‘out of intensive care’’ and moving towards a recovery from the financial crisis, George Osborne says and flags a sale of Lloyds.
Holden is stepping up pressure on the federal Coalition to commit to funding for the car industry over the next decade, with a warning it could follow Ford out of Australia.
Australian shares are expected to open sharply lower after the US Federal Reserve foreshadowed plans to wind back its bond-buying program if the recovery stayed on track.
The Australian dollar has plunged after the US central bank flagged an end to a central plank of its wide-ranging support for the recovering US economy.