When Federal Treasurer Joe Hockey quashed the acquisition of GrainCorp by Archer Daniels Midland on national interest grounds, his stated reasons were based on competition.
Australian banks are much more heavily exposed to mortgage lending than banks in most parts of the world, which is why the latest publication of APRA data on home lending has set the hares running.
The Reserve Bank of Australia left the official cash rate at a record low 2.5% as expected
Reserve Bank Governor Glenn Stevens has again weighed in on the value of the Australian dollar, telling a group of economists the bank is open to the idea of intervening to bring its value down.
In the history of trade agreement negotiations, most have been undertaken in secret, justified on the grounds that the governments? negotiating positions would be weakened if they became public.
The International Fisher Effect (IFE) is an exchange-rate model designed by the economist Irving Fisher in the 1930s.
The US shutdown and the fractious struggles in Congress are symptomatic of a broader trend in American politics
There is no Nobel for contributing to the development and promotion of an economics that helps to resolve pressing real-world problems.
Financial markets must be confident that the US will not default on its sovereign debt, otherwise those markets would have plummeted by now. But is that confidence justified?
A relatively new field of research known as the ?social determinants of health? shows that merely treating illness is not the best approach to what ails us
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