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yesterdayTuesday, 28 April 2015

David Murray warns Australia’s AAA rating is at risk: Is it really?

Financial System Inquiry chair David Murray has warned Australia’s prized AAA credit rating is under threat but ANZ’s chief economist begs to differ. by Cameron Magusic

Monday, 27 April 2015

Budget 2015: Why Joe Hockey suddenly has more cash to spend

Federal treasurer Joe Hockey will have around $4 billion in the government’s coffers come next month’s budget thanks to a recent recovery in the price of iron ore, according to one leading economist. by Eloise Keating

Thursday, 23 April 2015

Joe Hockey says SMEs will be the budget winners; Inspector-General of Tax to handle complaints about the ATO: Midday Roundup

Innovative SMEs will be among the big winners in next month’s federal budget, according to Treasurer Joe Hockey. by Kirsten Robb and Cameron Magusic

Wednesday, 22 April 2015

ASX-listed Ensogo raises $38 million to fuel e-commerce expansion; Bicycle courier underpaid $7000 says Fair Work Ombudsman: Midday Roundup

Ensogo, an e-commerce platform that operates in South East Asia and Hong Kong, has raised $38 million in new funding to help it ramp up its marketing and customer acquisition efforts. by Eloise Keating and Cameron Magusic

Wednesday, 22 April 2015

RBA on watch for housing market imbalances and risks: RBA April meeting minutes

RBA board members remained alert to the possibility that the low levels of interest rates could foster imbalances in the housing market, the latest minutes showed. by Jonathan Chancellor

Optus parent company Singtel to delist from the ASX; Tasmanian real estate agent fined $1400 for misleading “waterfront” property: Midday Roundup

Singapore Telecommunications, the parent company of Australian phone giant Optus, has told investors it plans to delist its shares from the ASX, citing low trading volume, liquidity and market demand. by Cameron Magusic, Andrew Sadauskas and Eloise Keating

Glenn Stevens: Interest rate cuts “on the table” as the federal government has “little choice” but to slow down cuts to budget deficit

Reserve Bank governor Glenn Stevens has made the case to cut the official cash rate as early as next month, telling the international business community a further easing of Australia’s monetary policy settings “has to be on the table”. by Eloise Keating

Mixed Easter basket of spending as retailers look to Mother’s Day for a boost

Retail sales in the week before Easter were up compared to last year but down in the week after Easter, the 2015 Easter Retail Index from BDO Australia shows. by Cameron Magusic

Tuesday, 21 April 2015

How Western Australia is going from boom to cool economy, with a dash of hipster thrown in

Western Australia is handling the transition from mining boom by focusing on its retail and events sectors. by Kevin Moore
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