Financial markets see a rate cut from the RBA next week as an even money bet. Westpac’s Bill Evans believes the RBA will hold off easing policy in May despite a big Australian inflation miss in the March quarter. He expects...
The Reserve Bank of Australia’s (RBA) quarterly Statement on Monetary Policy (SoMP) is about to be released, including updated economic forecasts. Downgrades to GDP growth and inflation are expected. A slower decline in unemployment may also be on the cards. The...
Brunei’s Sultan Hassanal Bolkiah has a family secret: His sex-obsessed and profligate spending brother, Prince Jefri. The playboy Prince Jefri Bolkiah led an exorbitantly lavish lifestyle, flying in planeloads of women who he entertained and showered with gifts. The notoriously extravagant...
Star Wars fans can finally take a vacation to a galaxy far, far away. Galaxy's Edge, the newest Disney theme park adventure, is opening in about month in California and in Florida in August. On Saturday, during Star Wars Celebration in...
The Coalition is reportedly at war over a key decision, with the issue threatening to tear the Liberal and National parties apart on the eve of a federal election. Concerns over the Adani coal mine’s remaining approvals have boiled over,...
It says the Fair Work Commission has admitted that Australia’s minimum wage of $18.93 per hour, ($719.20 per week; $37,398 per annum) leaves many people working full-time in poverty. Loading Labor announced in March that it wanted to ensure people received...
The global movie industry descends upon the French Riviera this week for the 72nd Cannes Film Festival, one of the most prestigious events in the business. But for the second year in a row, U.S. streaming giant Netflix won't be...
Scott Morrison has pulled off one of the most memorable victories in Australian politics to secure the Coalition a third consecutive term. In a tight result which saw little change from the status quo, Labor failed to meet its own...
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...
If you’ve been thinking that currency markets have been fairly dull of late, you’d be right. Outside of a few wild movements in select emerging market currencies, along with the trials and tribulations of the Brexit saga on the British...
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