Consumer groups urge Coalition to crack down on dodgy payday lenders

Ongoing delays prompt warning that predatory behaviour continues to force the vulnerable into debt spiralThe Coalition insists it is progressing new laws to crack down on dodgy payday lenders as consumer advocacy groups warn ongoing delays will see mor…

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Australian GDP figures: economic fundamentals are strong says Frydenberg – business live

After data shows the economy growing at its slowest rate since 2009, the treasurer says Australia is ‘resilient’. Follow all the reaction and developments live 6.47am BST For an in-depth examination of the GDP numbers, look no further than this column…

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No surprise, but shocking: there’s no other way to spin Australia’s GDP | Greg Jericho

If you take away government spending, the economy would have shrunk in the June quarter. So much for ‘remarkable resilience’Today the government has been madly attempting to spin the GDP figures as good. So let’s cut straight to the point – the figures…

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When it comes to coal, Australia has transitioned away from economics and common sense | Richard Denniss

Our political leaders have switched from pretending they can’t hear the Pacific to pretending they don’t understand themAustralia isn’t transitioning away from extracting fossil fuels, it is doubling down on them. That’s right – even though Australia i…

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The no-growth future: has Australia’s economy finally run out of luck?

The expectation, based on the past, that we should get richer and richer may have reached its use-by dateWages are stagnant. Wealth is falling. House prices are down. Consumers aren’t spending. Businesses aren’t investing. Interest rates are at record …

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It’s time for tighter regulation of how Facebook and Google use our data | Peter Lewis

Big tech’s power has reached a tipping point. Governments must set some ground rulesIn his trademark disingenuous response to the latest wave of massacres, Donald Trump has identified the internet as both the cause and, more insidiously, the solution t…

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Too good to be true? Australia’s high-speed rail dream leaves a bitter taste

A would-be developer’s vision involves building eight cities between Melbourne and Sydney. But a Guardian investigation has uncovered serious doubts The federal government gave $8m of $20m earmarked to progress high-speed rail to a consortium led by a …

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Simon Birmingham says threat of new US tariffs on China may breach WTO rules

Trade minister says if $300bn tariff is implemented it ‘may well’ breach World Trade Organisation regulationsAustralia’s trade minister says the latest Trump administration threat to impose new tariffs on $300bn worth of Chinese goods could, if it even…

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‘This is new territory’: Australia’s powerful Crown casino faces scrutiny like never before

Crown Resorts takes extraordinary steps to deny crime link claims, but faces five separate inquiries and calls for a royal commissionIt is an action of last resort when handling an extreme corporate public relations crisis: if your world is exploding a…

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