The Reserve Bank has downgraded its economic forecasts for GDP and underlying inflation this year. It also sees slower progress in lowering unemployment. It still sees underlying inflation moving back to 2% by the end of next year despite an...
The US plans to lift tariffs on $US200 billion worth of Chinese imports at 2:01pm AEST. The RBA will release its quarterly Statement on Monetary Policy (SoMP), including updated economic forecasts. On the data front, US CPI and UK GDP are...
Elon Musk is trolling Jeff Bezos on Twitter. Musk tweeted on Tuesday night about Amazon’s plans to launch 3,236 satellites into orbit with the intention of delivering high-speed internet to the globe’s more remote regions. The plan is codenamed "Project...
If you’re in the business of selling new cars in New South Wales and Victoria, particularly in Sydney and Melbourne, we advise you don’t look at the chart below. It’s likely you already know what’s been happening, anyway. New car sales...
In the Easter holidays, plus two school days, for which his mother will be fined or, as a serial offender, she will be summoned to appear in court (not that she’s bothered, bless her), I took grandson Oscar to...
Australian capital city home prices have fallen for 19 consecutive months, losing 10.3% in the process. While price declines are spreading, the pace of falls is slowing. Other housing data is also starting to show modest signs of improvement, even before...
It is possible to finance a great business idea on a shoestring budget. Getty When you hear the word "startup," it's easy to envision the hottest up and coming companies in Silicon Valley vying to snag financing from venture capital...
The Aussie dollar has jumped 0.7 per cent since the rates decision, now firmly above US70 cents at US70.44. It is stronger against all major currencies. It is also close to getting above 78 pence again. The Reserve Bank has...
A Macquarie-run infrastructure fund managing the Renvico wind farm portfolio in Italy and France has started a process to sell the company, which could be worth around €400 million ($630 million), four sources familiar with the matter said. The fund,...
The immediate wild card is renewed fighting in Libya but other supply problems are stacking up fast. Draconian new rules on shipping fuel to lower sulphur emissions imply a surge in demand for variants of diesel. Loading Bank of America says...
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