REGULATIONS STIFLING GROWTH, SAYS ANZ BOSS

Australia’s regulatory regime has crimped the nation’s growth, ANZ chief Nuno Matos says, with the boss of the big four bank warning that without an “entrepreneurship approach” growth will be anemic.

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Renewables drag down productivity

Australia’s falling productivity levels have been driven down by the replacement of coal-fired power plants with billions of dollars in renewable energy projects, the Productivity Commission has declared, as it warns governments should to make only the most efficient, cost-effective investments.

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Wesfarmers CEO says negative budget reaction no surprise

Consumers remain “deeply pessimistic”, as the rising cost of living and changing tax policies have many fearing their budgets will have to stretch further than ever.

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CONSUMERS FEELING EVEN MORE PESSIMISTIC

Australian consumers remain “deeply pessimistic”, as rising cost of living and changing tax policies have many fearing their budgets will have to stretch further than ever.

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Exclusive Q&A with Gina Rinehart

Forbes Australia

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The one age at which you will pay more tax than any other

If you are in your early 40s, you are not imagining it – you really are paying more tax than anyone else in the country.

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Australia’s economic slowdown is just beginning, economists warn, as recession risks rise

Australia’s economic slowdown is just beginning, economists warn, as interest rate rises and cost-of-living pressures weigh on households.

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WA resources stump up regional house construction

Funding for hundreds of new homes in regional towns across Western Australia has been given a boost with a $170 million contribution from the State’s resources sector.

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Shares in BHP, Rio Tinto, Fortescue and MinRes tumble on surging Simandou shipments

The big four ASX-listed iron ore stocks collectively lost about $16 billion on Thursday after the “Pilbara killer” mine in Africa beat expectations.

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Iron ore giants start to feel the heat of higher exports from ‘Pilbara killer’ Simandou mine in Guinea

Surging exports from the giant “Pilbara killer” iron ore mine in Guinea have spooked investors in WA’s powerhouse producers of the steel-making ingredient

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