Treasurer Wayne Swan says the eurozone's latest jobless figures highlight the deep-seated challenges facing the region, despite some progress in resolving its debt crisis.
A leading business lobby group has dismissed as a marketing exercise, a statement signed by hundreds of businesses backing the federal government's carbon tax.
Australia's rate of inflation has fallen to its lowest level since the global financial crisis, a survey shows, giving the central bank room to cut interest rates further.
Premier Colin Barnett says it's not too late for the federal government to halve its carbon price "to something around $10 a tonne", even though he does not believe it will reduce greenhouse gases.
Outgoing police minister Rob Johnson says he doesn't know why he was axed ahead of next year's election and is disappointed by Premier Colin Barnett's cabinet shake-up.
Economists doubt that the central bank will cut interest rates for a third month in a row when its board meets next week, despite further signs of weakness in demand for workers and new houses.
Like it or loathe it, the carbon tax is here.Climate Change Minister Greg Combet insists it won't lead to businesses going broke and power bills forcing families to the wall.
Despite some data showing the economy is growing strongly, it may not be growing strongly enough to match the growth in the number of people wanting jobs.
Three new ministers have been elevated to state Cabinet and two have been demoted after Premier Colin Barnett took the opportunity, forced on him by Christian Porter's shock decision to step down,
Business executives around the world have become much more gloomy about the global economy as the eurozone crisis pounds on, according to a new survey by McKinsey & Co.
Governments, banks and households struggling with too much debt are dragging down the world's economy and more needs to be done to make the banking system safer, a global organisation of central ba
Fortescue Metals Group says it can beat the federal government's mining tax in a legal challenge that will thrash out the century-old states versus Commonwealth rights debate.
As Prime Minister Julia Gillard struts the world stage emphasising the virtues of the Australian economy, there are signs back home not all is going well.
Prime Minister Julia Gillard has warned of "further stumbles" in the global economy, but says Group of 20 leaders have made good progress toward restoring growth and stabilising European banks.
People hoping for some relief from the carbon tax debate after the pollution price begins in 10 days shouldn't hold their breath, Climate Change Minister Greg Combet says.
Instability in the euro zone, and its impact on global markets and commodity prices, encouraged the central bank to cut the cash rate again, earlier in June.
Two-thirds of voters believe the government is worse under Prime Minister Julia Gillard's leadership than it was two years ago under her predecessor Kevin Rudd.
The outcome of the elections in Greece shows that Greeks are in favour of the deep economic and fiscal reforms required to pull the country out of crisis, German Finance Minister Wolfgang Schaeuble
