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Posted:
2019-01-14 12:34:57
Singtel Optus chief executive Allen Lew’s plans to roll out fixed wireless 5G services this month have been pushed back, amid industry speculation that the government’s ban on providers like Huawei for the high-speed network is to blame for delays.
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Posted:
2019-01-14 11:31:31
Australian capital city home prices fell at the fastest pace since 1983 in December. Based on recent transactions, prices are still falling in early January, albeit at a slightly slower pace.
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Posted:
2019-01-14 11:12:25
The UK House of Commons is set to hold a meaningful vote on Theresa May's Brexit deal with the EU on Tuesday. Macquarie Bank strategists expect it will suffer a resounding defeat.
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Posted:
2019-01-14 11:01:29
Good morning! 1. It's the most critical time in US stock markets as earnings season gets underway -- and this year could be the most crucial of all. Recent poor sales forecasting from multiple companies is making the outlook for this quarter seem dire.
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Posted:
2019-01-14 10:14:31
The Australian dollar eased on Monday as fresh concerns about the global economy resurfaced. Chinese exports and imports suffered the largest year-on-year decline since the second half of 2016 in December, raising concern about global demand. Eurozone industrial o...
Posted:
2019-01-14 09:47:44
Iron ore spot markets rose for a second session on Monday, helped by further gains in Chinese steel prices. The price for 58% fines rose to the highest level since September 2017. The price discount to the benchmark and 65% fines also narrowed to multi-year lows.
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Posted:
2019-02-18 18:41:55
There haven't been many headlines about housing affordability in Australia over the past year. Most have been dominated by bearish price forecasts.
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Posted:
2019-02-18 17:43:18
Inflation in emerging markets (EM) is set to remain subdued this year, according to Morgan Stanley. The bank says there are two structural and two cyclical factors that underpin this view.
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Posted:
2019-02-18 16:52:06
Global stocks have stormed higher this year with the MSCI All World Index up close to 10%. The Index still remains nearly 10% below the record high set in January last year.
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Posted:
2019-02-18 14:12:13
The RBA's concern about Australia's housing market downturn spilling over into other parts of the economy appears to be growing. At its February meeting, it noted that: "if prices were to fall much further, consumption could be weaker than forecast, which would re...
Posted:
2019-02-18 13:37:49
Approvals for foreigners to invest in Australian property plunged again in the last financial year, according to official data. The FIRB said there were several factors that may have contributed to the continued decline.
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The cyber attack on Australia's major political parties reportedly used techniques never seen before
Posted:
2019-02-18 12:55:10
The cyber attack on Australia's parliament which also affected the nation's major political parties reportedly used unique methods -- another sign that it came from a nation-state.
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Posted:
2019-02-18 12:46:52
The RBA is a serial offender when it come to overestimating Australian economic growth underlying inflation pressures since the GFC. The NAB estimates the RBA's year-ended GDP forecasts have overestimated actual growth by 0.4ppts since the GFC. For inflation, it's...
Posted:
2019-02-18 12:16:29
Australia's unemployment rate, at 5%, currently sits at the lowest level since mid-2011. Australia needs to create over 15,400 jobs every month to see unemployment fall further, if participation rates hold steady.
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Posted:
2019-02-18 11:39:51
New research of 505 medium to large Australian businesses - commissioned by Microsoft Australia and conducted by Colmar Brunton - shows the vast majority know they need to digitally transform their businesses and believe they have a digital transformation strategy, ye...
Posted:
2019-02-18 10:53:41
Chinese coal traders are halting purchases of Australian coal and coking coal following significant delays in gaining clearance from Chinese customs.
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Posted:
2019-05-10 05:27:54
[image url="http://edge.alluremedia.com.au/uploads/businessinsider/2018/03/cycle-china-bottles.jpg" description="TOPSHOT - This photo taken on September 17, 2015 shows a Chinese labourer sorting out plastic bottles for recycling in Dong Xiao Kou village, on the outski...
Posted:
2019-05-10 02:18:43
Some birthdays are bigger than others. And if you make it to the grand old age of 175, you’re entitled to pull out all the stops, so why not open a $20,000+ 750ml bottle of red?
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Posted:
2019-05-10 01:30:32
The Reserve Bank has downgraded its economic forecasts for GDP and underlying inflation this year. It also sees slower progress in lowering unemployment.
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Posted:
2019-05-10 00:29:31
Australia's median home price slumped 7.2% in the year to April. An even larger 8.4% decline was recorded in the capital cities in average weighted terms.
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