"Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits," Moody's says.
Staff Writers
US letters on trade will be sent to other countries over the next two to three weeks, US President Donald Trump says.
Labor has come out swinging in defence of its controversial changes to superannuation taxation, calling for a ‘bit of perspective.’
Cameron Micallef
Dramatic new figures show the proportion of homes now selling for a seven-figure price tag has more than doubled in three years amid the surging price of Perth real estate.
Kim Macdonald
Indexes up: Dow 0.78 per cent, S&P 500 0.70 per cent, Nasdaq 0.52 per cent; Applied Materials falls after Q2 revenue miss.
Sinéad Carew and Pranav Kashyap
An international housing affordability study has backed up what many Aussies already know – four major Australian cities are ‘impossibly unaffordable’.
Emma Kirk
Money of Mine nerds left to their spreadsheets as Matty, Ally quit West Perth industry watcher.
TMK Energy will offload its 20% interest in the Talisman Deeps oil/gas project offshore in WA for a deferred $1m payment to reduce its risk exposure. It will now focus on coal seam gas in Mongolia.
Doug Bright
ASX investors have kept the ASX winning streak alive during Friday’s trading thanks to a surge in property and healthcare stocks.
Altech Batteries has seamlessly revived a 28-year-old sodium-nickel-chloride battery that uses a primitive version of its own modern-day salt based “Cerenergy” battery technology.
James Pearson
A geological consultant faces jail time after admitting to insider trading over suspect share purchases ahead of positive drill results at a Goldfields project.
Adrian Rauso
Creditors have knocked back a proposal to revive troubled builder Inspired Property Group, instead sending the company to liquidation.
Matt Mckenzie
New Environment Minister Murray Watt has vowed to make a decision on the extension of the mammoth North West Shelf project within a fortnight, and not delay it again.
Katina Curtis
Labor’s new tax on superannuation is like a form of financial cancer - there’s a real chance it could spread. Nick Bruining explains.
Nick Bruining
One of Australia’s most successful brands, Breville, has been caught squarely in the crossfire of the US-China trade war.
Jackson Hewett
A plan to build a shopping centre with a supermarket and seven speciality shops in the Shire of Denmark has opened for public comment.
Melissa Sheil
The Motor Trades Association of Australia has blasted Insurance Australia Group’s proposed $1.35 billion takeover of RAC WA’s insurance business and similar deals in two other states.
Neale Prior
A landlord has been slammed online for sharing a bizarre list of instructions for renters to adhere to while staying in their property.
Alexandra Feiam
Empire Energy has secured a $28M war chest to propel its trailblazing Carpentaria gas pilot project in the Top End’s colossal Beetaloo Basin, as it manoeuvres to become Australia’s next big onshore gas player.
Andrew Todd
Commonwealth Bank shares have surged to record levels yet again, but experts say its earnings don't justify the price tag.
Adrian Black
Millions of Aussie workers would receive a pay rise if the Fair Work Commission agrees to increase wages for low paid workers, with the PM backing in a raise.
Plans to develop a $25 million wellness centre along a Dalkeith riverfront could be getting an extra four-year extension due to soaring construction costs.
Harriet Flinn
Homicide squad and internal affairs officers are investigating the death of a miner at Newman Hospital following a physical struggle.
Sarah Steger, Jessica Evensen and Adrian Rauso
Asian markets have risen and European stocks are heading for a fifth week of gains as a US-China trade truce and positive earnings news buoy investors.
Stella Qiu and Linda Pasquini
