2015 marks the 60th anniversary of the infamous Eurovision Song Contest, in which Australia will be making a debut guest appearance.» Read More
Jennifer Westacott, CEO Of Business Council of Australia (BCA), wants the government to outline a clear savings strategy and a narrative on the future of Australia's economy.
Australia's budget will be about propping up sub-par economic growth amid weak commodity prices rather than the traditional fiscal discipline, analysts say.
Phil O'Donaghoe, senior economist at Deutsche Bank, says the federal budget could see a deficit of 37 billion Australian dollars and expects Australia to only return to surplus in 2023 or 2024.
Australia will deliver its 2015-16 budget late Tuesday, with the Abbott government hoping it makes the grade after last year's spending cuts were not well received. CNBC's Matthew Taylor reports.
While there's a risk that the yuan could be weakened to support the economy, China still prefers interest rate and RRR cuts for now, says Sean Callow, senior currency strategist at Westpac Bank.
Behind blossoming flowers and fields of fruit lurk a hungry threat that has crawled and eaten its way through much of the U.S.
China's exports and imports tumbled in April, dashing hopes of a seasonal rebound and underscoring concerns over the spotty trade picture in the world's second biggest economy.
Saktiandi Supaat, head of Global FX Strategy at Maybank, expects the Aussie dollar to rise to the resistance level of $0.8265 next week, but he remains bearish on the currency in the long run.
Brett Le Mesurier, director of Financials Research at BBY, explains why National Australia Bank's announcement of a $4.4 billion rights issue isn't just about capital raising.
Former Dow CEO Andrew Liveris is accused of using his position to finance his lifestyle and boosting a charity that burnished his fame in Greece.
Khoon Goh, senior FX strategist at ANZ, explains why the jump in the Aussie currency following the Reserve Bank of Australia's statement on Tuesday will be short-lived.
Paul Bloxham, chief economist for Australia & NZ at HSBC, says upbeat comments from the Reserve Bank of Australia means the central bank could keep rates on hold for the rest of 2015.
With markets already pricing in a rate cut, the Aussie dollar will only weaken slightly if the central bank lowers interest rates on Tuesday, says Felicity Emmett, head of Australian Economics at ANZ.
Steven Ciobo, parliamentary secretary to the Minister for Trade and Investment and Minister for Foreign Affairs of Australia, discusses the relationship with Indonesia after the execution of two Australian drug convicts.
Amid a weak domestic economy, the Reserve Bank of Australia has to "do its job" by cutting interest rates, says David Bassanese, chief economist of BetaShares Capital.
A rate cut by the Reserve Bank of Australia will serve as a prelude to growth forecast downgrades in Friday's quarterly statement, says Ben Jarman, senior economist at JP Morgan.
TS Lim, financials analyst at Bell Potter, says a fall in bad debt charges raises questions about the quality of Westpac's earnings.
The Reserve Bank of Australia will likely cut rates this week amid economic headwinds and the Aussie dollar could see more volatility, says Tony Nash, vice president at Delta Economics.
Daniel Hynes, commodity strategist at ANZ Research, attributes a rise in investor appetite for commodities to factors like a weaker U.S. dollar and easing moves from China.
With Australia's major banks priced for perfection, Westpac's minor miss on expectations will see its shares come under pressure, says David Ellis, head of Australian Banking Research at Morningstar Australasia.