Business Briefing: are our standards dropping...

Justin Lane/AAPWhen Katherine Hunt’s dad asked her whether or not he should invest in Bitcoin, alarm bells rang, first she thought “he’s a musician”. Hunt is a lecturer in accounting at the Griffith Business School, and as someone who knows the five stages of a bubble and crash, ...  Show more

The perimeter fence at Silverwater jail in Sydney's west AAPThere are more than 41,000 daily full-time prisoners in Australia, according to the latest ABS data. Many of them are in private prisons - almost 20% of the prison population according to a 2014 Productivity Commission r ...  Show more

What more will the Chancellor do for households squeezed by the spiraling cost of living? As consumer confidence plummets to its lowest in nearly 50 years, we look at how employers and workers are adapting to high prices and low unemployment. Bloomberg’s Joe Mayes discusses the p ...  Show more

Nouriel Roubini, Roubini Macro Associates Chairman and NYU Stern School of Business Professor, says bitcoin is the mother of all bubbles. Alan Krueger, Princeton University Economics Professor, says labor unions could do a better job of marketing themselves. Bill Gross, Janus Hen ...  Show more

Afternoon headlines: Peter Dutton’s speech interrupted by protesters, employment figures show despite thousands losing work unemployment rate holds steady and Australia’s rich list has been released   Deep dive: A two-tier economy is emerging in Australia, with some splashing cas ...  Show more

Wages are rising, but not by as much as inflation. Our UK correspondent Lizzy Burden breaks down the latest employment numbers, and the implications for the Chancellor ahead of next month's budget. Plus: what does the balloon controversy mean for relations between the UK and Chin ...  Show more