May 23, 20174 Comments
The government initially claimed the bank levy would help financial competition. That rationale has vanished amid questions over how much the levy will actually raise, Bernard Keane and Glenn Dyer write.
Glenn DyerMay 22, 20177 Comments
Banks expect that the government's new bank levy will be a tax write-off, which will reduce the overall impact on the banks by around one-third.
May 22, 20176 Comments
If you're a foreign company targeted under Australia's protectionist anti-dumping laws, be prepared to settle in and wait. The bureaucracy responsible for protectionism likes to take it time, Bernard Keane and Glenn Dyer report.
Bernard KeaneMay 19, 20178 Comments
The government is looking for a sound policy basis for its regional development policy. It might not have much luck with the Productivity Commission.
May 18, 20171 Comment
A bid for Fairfax this morning comes from an old lover of sorts, Hellman and Friedman, advised by Malcolm Turnbull in the fight for Fairfax in the 1990s.
May 18, 20175 Comments
With weak wages growth, a lack of non-mining investment and high household debt, the Reserve Bank will be reluctantly considering an interest rate cut, Glenn Dyer and Bernard Keane write.
Bernard KeaneMay 18, 201730 Comments
Where have all the advocates of wage cuts gone? Australian workers are too highly paid, business insisted for decades. Now wages are falling, and there's silence.
May 17, 201714 Comments
With the Reserve Bank expressing concern about employment, don't expect Australia's stagnant wages to improve any time soon. And that's a political problem for the government, as well as an economic and fiscal one, Bernard Keane and Glenn Dyer write.
Glenn DyerMay 17, 2017
Elliott Management Corporation had been pushing originally for BHP to collapse its dual listings on the London and Australian sharemarkets. Now Elliott has changed its proposal.