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Economy | Australian, regional and global economic News | The Age

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The Age

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The one credential Trump craves more than anything

The one credential Trump craves more than anything

The frontrunner to take over as head of the Federal Reserve has the single quality that Donald Trump is looking for above all.

  • byStephen Bartholomeusz

Latest

It’s not migration causing unaffordable houses, it’s tax and planning

It’s not migration causing unaffordable houses, it’s tax and planning

If house prices are our main concern, fixating on migrants is one of the most expensive solutions.

  • byMillie Muroi
Deakin’s global mission to transform humanitarian aid

Deakin’s global mission to transform humanitarian aid

When disaster strikes - whether in Sudan, Ukraine or rural Victoria – the world sees tents, trucks and triage.But beyond the headlines lies the real work.

For all the hype, AI isn’t transforming our economy in a hurry
Opinion
AI

For all the hype, AI isn’t transforming our economy in a hurry

Will AI deliver the huge gains in productivity investors hope for? Who knows, but the piecemeal adoption by firms so far suggests we’re a long way off.

  • byClancy Yeates
Are short-term rentals shaping a more sustainable tourism economy?
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Airbnb

Are short-term rentals shaping a more sustainable tourism economy?

The rise of the share economy has reshaped how we think about resources. Be that renting cars and e-bikes to getting odd-jobs done, we’re now viewing the world around us very differently.

  • byCameron Bayley
A 50-year mortgage makes sense … for some

A 50-year mortgage makes sense … for some

A home loan that outlives you? They may become a necessity – not a choice – for those wanting to own their own home.

  • byMillie Muroi
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Trump changes his mind about bananas and coffee
Opinion
Trade wars

Trump changes his mind about bananas and coffee

Donald Trump has now decided that a range of household favourites are no longer an “extraordinary” threat to the security of the United States.

  • byStephen Bartholomeusz
Energy giants back net zero as Coalition reignites climate war

Energy giants back net zero as Coalition reignites climate war

Australia’s major power companies have reinforced support for net zero and a renewable-dominated grid, insisting it will be the cheapest option for consumers.

  • byNick Toscano
Want cheaper plane tickets? Here’s how we get them
Opinion
Aviation

Want cheaper plane tickets? Here’s how we get them

Lower air fares won’t immediately lead to Australia’s passenger numbers taking off. But cheaper flights will turbocharge the economy and there’s a one-way ticket to them.

  • byMillie Muroi
China’s ‘Pilbara Killer’ is finally on the prowl
Opinion
Iron ore

China’s ‘Pilbara Killer’ is finally on the prowl

The giant Simandou iron ore project that will compete with Australia’s iron ore has formally started operating this week. It’s bad news for our miners.

  • byStephen Bartholomeusz
Feeling wealthy? Thank the booming property market
Opinion
Spending

Feeling wealthy? Thank the booming property market

And as we head into the Christmas spending period, rising wealth may convince more households to loosen the purse strings.

  • byElizabeth Knight

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