David Taylor

3 days ago | abc.net.au | David Taylor

The US delegation to Geneva for trade talks with China has hailed 'substantial progress' on the second day of meeting. The world's two biggest economies spent the weekend trying to nut-out a trade deal -- the largest such deal in a generation.

6 days ago | abc.net.au | David Taylor

There's been another blow for aspiring first home buyers today. An exodus of younger Australians moving to outer-city fringes in search of more affordable homes is seeing rapid price growth in those areas. Analysts say there is one silver lining for those looking to climb the property ladder.

1 week ago | abc.net.au | David Taylor

Several sources have told the ABC that financial market participants regularly circumvent the law to improve the "bottom line", motivated by "greed". "In the minds of the people doing it, it's probably not consciously 'we're going out to break the system' or be bad but financial people are, by their nature, innovative," professional investor and writer Danielle Ecuyer said. "The motivation of greed — that's humanity, that's the way it works.

1 week ago | abc.net.au | David Taylor

Australia's biggest investment bank, Macquarie Bank, is in trouble with the corporate regulator for "multiple and significant compliance failures."The Australian Securities and Investments Commission (ASIC) says the bank has misreported hundreds of thousands of dollars-worth of financial transactions, including in Australia's electricity market.

1 month ago | abc.net.au | David Taylor

A strange phenomenon in life is feeling relief amid a storm. That's where we find ourselves. The past week has seen some of the most violent financial market swings since the pandemic. Months of investor greed — for want of a better word — was replaced by raw fear earlier this week. An escalating tariff war threatened to send the United States economy, the Chinese economy, and the global economy into recession.