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Business

'Perfect storm' hits News Corp earnings

Every corner of News Corp saw double digit falls as a perfect storm of negatives hit the company hard.

Why Australian workers can't win

No matter what Australian workers do, business demands an ever more comprehensive victory over them.

(Image: AAP/Dan Peled)

Another damaging drought package passes with no scrutiny

The profound flaws of giving handouts to drought-stricken farmers are well known. But little scrutiny is applied to the government's drought packages.

Reserve Bank Governor Philip Lowe

Reserve Bank prepares the ground for deeper, longer stagnation

The Reserve Bank is cutting its economic growth forecasts... but it still insists the economy is fine.

Australian business ramps up China lobbying, with help from the United Front

Australia's business elites continue to rub shoulders with the United Front Work Department — a secretive arm of the Chinese Communist Party.

(Image: AAP/Mick Tsikas)

Morrison's tax refunds vanish without trace as stagnation persists

The Morrison government has achieved the rare feat of a tax cut that leads to lower consumer activity, with its stimulus refund vanishing without trace.

(Image: Getty)

How to fix Australia's apartment crisis

The NSW building commissioner wants apartment buyers to show more due diligence before buying dodgy units. It doesn't work like that.

Woolworths CEO Brad Banducci (Image: AAP/David Moir)

Wage theft is because of complex awards? Yeah right.

Businesses insists award complexity is why they repeatedly underpay their workers. The facts show otherwise.

(Image: AAP/Lukas Coch)

Our future is stagnation — and no one's dealing with it

Australia's stagnation will continue unless governments take clear steps to address it. At the moment neither the government nor Labor are facing it.

(Image: WeWork/Dalian Lu)

WeWork goes up in smoke as former CEO pockets a cool billion

The Silicon Valley startup is as good as toast — but a Japanese conglomerate is continuing to pile money onto the rubble.