Michael McCormack, parliamentary secretary to the minister for finance in Australia, says lower energy prices support the agriculture sector, while slower growth in the resources space diversifies Australia's economy.
Michael McCormack, parliamentary secretary to the minister for finance in Australia, discusses the confidence vote for Australia's Prime Minister Tony Abbott.
Mark Rolfe, lecturer at University of New South Wales' School of Social Sciences, expects Australia's Prime Minister Tony Abbott to step down from leadership by March next year.
Wayne Swan, former deputy prime minister of Australia, says the result of the secret vote on Monday was "inconclusive" and Prime Minister Tony Abbott will likely face further challenges down the road.
Australian Prime Minister Tony Abbott has survived a secret ballot that challenged his leadership. CNBC's Matthew Taylor reports.
In Wednesday's "Power Rundown," CNBC's Tyler Mathisen and Robert Frank discuss the outrageous demands of a privileged Australian heiress.
Matt Bekier, CEO of Echo Entertainment, says a robust international VIP business is the standout performer in the first-half and explains why the Australian casino firm is insulated from weak domestic consumer sentiment.
David Hewitt, Co-head of Global Oil & Gas Equity Research at Credit Suisse, discusses how LNG projects and major oil firms in Asia are coping with the plunge in oil prices.
Nev Power, CEO of Fortescue Metals Group, says the firm's focus on cost cutting and a weak Aussie dollar helped the miner to offset falling iron ore prices. He also explains what that means for the firm's dividend payout for 2015.
Economists may teach that low prices and declining demand encourage producers to decrease supply, but the iron ore industry may have skipped class that day.
Move over Kristen Wiig. Just like in the movies, professional bridesmaids are available for hiring in real life, minus the drama.
The effects of climate change could reduce the world's largest collection of coral reef, an area about the size of Japan, to a sliver of itself.
A 22-year-old Australian entrepreneur has netted $85,000 for the sale of a prank website after its viral success overwhelmed him.
Commodity currencies may face a race to the bottom as the Bank of Canada's surprise rate cut may pressure Australia's central bank to follow suit.
Times are tough for Australia's junior miners as plunging iron ore prices squeeze them out of the market, but oil's decline may provide respite.
John Wilson, Stock Broker at Morgans Financial, says Australia's mining stocks may get a leg-up from the better-than-expected Chinese GDP data, but iron ore prices will remain the determining factor in the long run.
Jim O'Shaughnessy, member of the "Squawk Box" inaugural Portfolio Challenge, believes time-tested fundamentals give some international stocks an edge.
Sharply lower oil prices are widely hailed as a positive for most Asian markets, but that hasn't slowed fund outflows or raised growth forecasts much.
Australia took a double-whammy from record-low interest rates and commodity-price drops, but the selloff has left its market attractive to yield chasers.
David Greene, Head of Dealing at AFEX Australia, outlines factors that may have tamed domestic spending in Australia, but says the data could be a pre-cursor to a better figure in December.