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    The economy

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    Foreign investors make huge profits in Australia, we should have a fair share

    Foreign investors make huge profits in Australia, we should have a fair share

    And the call by big business to lower the company tax rate to attract or keep foreign investment is just a try-on.

    • by Ross Gittins

    Latest

    Off a cliff: India's economy has more problems than the pandemic
    Opinion
    Global economy

    Off a cliff: India's economy has more problems than the pandemic

    Don't let anyone tell you the pandemic is the main reason India's growth has cratered.

    • by Mihir Sharma
    Federal Reserve caps US bank dividend payments after stress tests
    Wall Street

    Federal Reserve caps US bank dividend payments after stress tests

    Shares of JPMorgan Chase & Co, Bank of America, Citigroup, Wells Fargo & Co and Goldman Sachs tumbled in after-hours trading on the news, having risen earlier in the day.

    • by Pete Schroeder and David Henry
    The US sent $2b in virus relief payments to dead people
    Coronavirus pandemic

    The US sent $2b in virus relief payments to dead people

    While the tax department has asked the families of the deceased to return the money, it's not clear they have to.

    • by Marcy Gordon
    World faces COVID debt time bomb, warns former Bank of England chief
    Coronavirus pandemic

    World faces COVID debt time bomb, warns former Bank of England chief

    Coronavirus-related debts could spark the next financial crisis, with countries borrowing trillions of dollars to fight the pandemic, former Bank of England governor Mervyn King has warned.

    • by Liam Halligan and Russell Lynch
    Qantas job cuts show danger of an economic hard landing
    Editorial
    Coronavirus pandemic

    Qantas job cuts show danger of an economic hard landing

    The federal government must wind back wage subsidies but replace them with public investment.

    • The Herald's View
    Advertisement
    No country is an island in the COVID collapse
    Opinion
    Coronavirus pandemic

    No country is an island in the COVID collapse

    Welcome to the first truly global recession of the modern era.The corona downturn disrespects national borders and is contemptuous of differences between regions and levels of economic development.

    • by Daniel Moss
    Bad investment: Wall Street spent heavily as it tried and failed to take down AOC
    Wall Street

    Bad investment: Wall Street spent heavily as it tried and failed to take down AOC

    The calibre of the Wall Street executives who tried and failed to topple Alexandria Ocasio-Cortez in New York signifies the threat they perceive from her.

    • by Tory Newmyer
    Long-term ramifications of crisis are becoming clearer
    Opinion
    Federal budget

    Long-term ramifications of crisis are becoming clearer

    The IMF is forecasting co-ordinated contractions in advanced and emerging economies this year for the first time since the Great Depression.

    • by Jessica Irvine
    Signs of a global recovery are encouraging, but don't pop the champagne yet
    Opinion
    Global economy

    Signs of a global recovery are encouraging, but don't pop the champagne yet

    Surveys of economic activity in the US, Europe and Australia are showing signs of a rebound in the world economy. But they could be deceptive.

    • by Stephen Bartholomeusz
    It hasn't taken Scott Morrison long to start playing friends and enemies
    Opinion
    University

    It hasn't taken Scott Morrison long to start playing friends and enemies

    Unis will become even more of a sausage factory if the Prime Minister's fee changes go ahead.

    • by Ross Gittins