Ian Verrender is the ABC's Chief Business Correspondent. A journalist for more than 40 years, Verrender began working in print in 1981 as assistant economist for Rural Press and later freelanced for The Bulletin before moving to AAP-Reuters. He spent 25 years at The Sydney Morning Herald in a variety of roles including Senior Writer, Business Editor and Senior Business Commentator. He joined Business Spectator and Eureka Report in 2012 and since 2005, also worked at Sydney radio station 2UE providing early morning business commentary. He joined the ABC as Business Editor in 2014.
"Power tends to corrupt and absolute power corrupts absolutely." Those words, penned by Lord Acton in the 19th century have never been more salient for corporate Australia.
A weak Chinese economy, American threats to impose punishing trade tariffs, a poor medium-to-longer-term outlook for our key exports and a sluggish economy are likely to keep the Australian dollar under pressure through 2025, threatening to send it to 20-year lows.
Hugh Marks's ascension to the top of the media pile was not via the traditional route. Now he has one of Australia's toughest assignments.
While Canberra has been locked in a pitched battle over climate and energy for 25 years, Australians have decided to go it alone, attaching solar panels to their roofs.
Donald Trump was once a crypto sceptic. Now his re-election has sent the volatile price of Bitcoin sky-high.
Taking on Regional Express and four of its directors represents a change of attitude at the corporate regulator that has been missing in action for years, if not decades.
It's the RBA's latest buzzword for justifying why interest rates need to remain at restrictive levels. But while everyone agrees we have a productivity problem, solving it is another challenge entirely.
The federal government is attempting to spruik its economic management just as the Reserve Bank is digging its heels in over inflation. With an election months away, it doesn't bode well for Labor.
While other central banks have reacted to a sudden drop in inflation, the Reserve Bank of Australia has been reluctant to move, raising questions about whether it may leave rates too high as the economy cools.
Multiple rounds of financial stimulus have slowed the pace of China's economic slowdown, but they've failed to help it reverse course.
Donald Trump's re-election was a revolt against economic policies that have left millions disenfranchised and uncertain about their place in the world. But Americans should be wary of his policies pushing inflation and debt even higher.
The Federal Reserve sets US interest rates and manages monetary policy, and its chair, Jerome Powell, has declared he won't be stepping down until his term ends in 2026.
While US shares hit fresh highs on the news of Donald Trump's election, sharp rises in the US 10-year bond rate could mean interest rate cuts are pushed further into the future.
It may not be explicitly mentioned by the RBA when it keeps rates on hold, but the biggest risk to the global economy is the United States's debt levels and who wins this week's presidential election.
Rupert Murdoch has been a kingmaker around the world for decades but, as Americans prepare to got to the polls, it's another election that has backed News Corp into a corner.
What, or more precisely who, is to blame for the inflation episode that has up-ended our lives for the past three years?
Solomon Lew has fulfilled a long-held dream by taking the reins at Myer. But it has comes at a time when many shoppers and investors have grown tired of its business model and believe it belongs to a bygone era.
Silicon chips are now fundamental to modern life, incorporated into every facet of electronics and driving up share prices on Wall Street. Taiwan has dominated semiconductor production but finds itself at the centre of a geopolitical, and technological, contest.
The founder, chief executive and major shareholder of WiseTech Global, Richard White, has found himself embroiled in a civil court case involving lurid accusations, raising the question of when private affairs matter for publicly-listed companies.
Star Entertainment has once again defied the odds after being allowed to keep its gaming room doors open by the NSW regulator on the condition it gets its house in order — but the future of the company remains as uncertain as ever.
It's a matter of when, not if, the Reserve Bank will take the knife to interest rates, but first home buyers may only see a fleeting, and possibly minuscule, improvement in affordability.
While Australian households are amongst the world's most indebted — courtesy of hefty mortgages — Chinese households are stacked to the rafters with savings. That sounds great, but it's causing real problems for the country's economy.
A day after oil prices surged, US President Joe Biden warned Israel against military strikes on Iran's oil export facilities for good reason — any attack could ignite another bout of inflation, and possibly plunge the world into recession.
Five months after the federal government committed more than $22 billion over 10 years to boost green hydrogen as an alternative fuel, two major projects have hit the skids.
After Qantas successfully lobbied against extra Qatar Airways flights, the Middle Eastern airline has exacted revenge on the Flying Kangaroo with a deal that will increase competition and possibly result in cheaper fares.