Approvals for foreigners to invest in Australian property plunged again in the last financial year, according to official data. The FIRB said there were several factors that may have contributed to the continued decline. More »     

The cyber attack on Australia's parliament which also affected the nation's major political parties reportedly used unique methods -- another sign that it came from a nation-state. More »     

The RBA is a serial offender when it come to overestimating Australian economic growth underlying inflation pressures since the GFC. The NAB estimates the RBA's year-ended GDP forecasts have overestimated actual growth by 0.4ppts since the GFC. For inflation, it's...

Australia's unemployment rate, at 5%, currently sits at the lowest level since mid-2011. Australia needs to create over 15,400 jobs every month to see unemployment fall further, if participation rates hold steady. More »     

New research of 505 medium to large Australian businesses - commissioned by Microsoft Australia and conducted by Colmar Brunton - shows the vast majority know they need to digitally transform their businesses and believe they have a digital transformation strategy, ye...

Chinese coal traders are halting purchases of Australian coal and coking coal following significant delays in gaining clearance from Chinese customs. More »     

[image url="http://edge.alluremedia.com.au/uploads/businessinsider/2018/03/cycle-china-bottles.jpg" description="TOPSHOT - This photo taken on September 17, 2015 shows a Chinese labourer sorting out plastic bottles for recycling in Dong Xiao Kou village, on the outski...

Some birthdays are bigger than others. And if you make it to the grand old age of 175, you’re entitled to pull out all the stops, so why not open a $20,000+ 750ml bottle of red?  More »     

The Reserve Bank has downgraded its economic forecasts for GDP and underlying inflation this year. It also sees slower progress in lowering unemployment. More »     

Australia's median home price slumped 7.2% in the year to April. An even larger 8.4% decline was recorded in the capital cities in average weighted terms. More »     

The Reserve Bank of Australia's (RBA) quarterly Statement on Monetary Policy (SoMP) is about to be released, including updated economic forecasts. More »     

Good morning! 1. #BreakUpBigTech -- is this the answer to the privacy woes, election interference and the growing power base of big tech? Facebook co-founder Chris Hughes seems to think so, and American politicians are spring-boarding off Hughes' recent op-ed calling...

The US plans to lift tariffs on $US200 billion worth of Chinese imports at 2:01pm AEST. The RBA will release its quarterly Statement on Monetary Policy (SoMP), including updated economic forecasts. More »     

Iron ore prices dipped marginally on Thursday. Chinese new bank lending fell short of expectations in April. The Chinese government also announced it is looking at ways to boost domestic iron ore supply. China is the world's largest importer of iron ore. Mor...

New report ranks Sydney 23rd out of 30, down from 16th in 2015, while Melbourne was outside the top 30 The removal of Turnbull as PM may have played a role, as innovation slips off the federal government agenda, says lobby group More »