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Economy | Australian, regional and global economic News | The Age
Economy | Australian, regional and global economic News | The Age

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Ready for ‘warfare’: China loads its weapon to fight back against Trump

Ready for ‘warfare’: China loads its weapon to fight back against Trump

Donald Trump has made it clear he believes a confrontation between the US and China over trade and technology is inevitable. Beijing has had time to get ready.

  • by Alexandra Stevenson and Paul Mozur

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The global giants costing Australia billions of dollars hit with a reality check

The global giants costing Australia billions of dollars hit with a reality check

They may not be breaking the law, but the taxes multinationals pay are not proportional to the profits they are raking in. That’s something laws passed earlier this week seek to change.

  • by Millie Muroi
The billionaire Wall Street is trusting to keep Trump on a tight leash

The billionaire Wall Street is trusting to keep Trump on a tight leash

Wall Street has cheered the appointment of Scott Bessent, backing him to rein in Trump’s craziest ideas. That’s a big ask.

  • by Stephen Bartholomeusz
Aussie wine’s back in China, but there’s a catch

Aussie wine’s back in China, but there’s a catch

China has become a catastrophe for global winemakers, but Aussie vintners think they can buck the trend.

  • by Colin Kruger
How Donald Trump will change how the world works

How Donald Trump will change how the world works

The lens through which Trump sees the world is narrow and focused tightly on whether a relationship directly benefits America. That sets up difficult choices for everyone.

  • by Stephen Bartholomeusz
Playing a major role in saving the planet could make us rich

Playing a major role in saving the planet could make us rich

Australia’s aspiration to forge a greener future by becoming a global “superpower” is a realistic idea.

  • by Ross Gittins
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Our politicians aren’t acting their age. That’s a good thing
Opinion
Tax reform

Our politicians aren’t acting their age. That’s a good thing

Among the childish bickering that goes on in our capital, there’s a glimmer of hope. It revolves around a three-letter word.

  • by Millie Muroi
How climate-denier Trump may leave China to save the planet

How climate-denier Trump may leave China to save the planet

Xi Jinping will take great delight in showing the world how decadent the US becomes under Donald Trump when it comes to global warming. The planet may be the winner.

  • by Ross Gittins
Memo to RBA: If wages growth isn’t the problem, then what is?

Memo to RBA: If wages growth isn’t the problem, then what is?

The Reserve Bank of Australia is worried excessive growth in wages is keeping inflation above its target zone. But there’s absolutely no sign of that happening.

  • by Ross Gittins
How can jobs and joblessness both be going up?
Opinion
Employment

How can jobs and joblessness both be going up?

Unemployment in Australia has stayed unusually low, but what do the other signs of our jobs market tell us?

  • by Millie Muroi
Will Trump be disastrous for our economy? I doubt it

Will Trump be disastrous for our economy? I doubt it

While the US prepares for a bout of serious self-harm that will affect the rest of the world economy, Australia is unlikely to be in the firing line.

  • by Ross Gittins