Buying Tips
70 percent fall in infrastructure costs. Westpac has seen a two-thirds drop in its infrastructure costs with the first lot of application migrations to its new private cloud. The bank kicked off its ‘Agilus’ infrastructure transformation in… Read more at:…
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The Australian stock market is expected to open slightly lower on Monday with the benchmark ASX200 forecast to start the day three points lower. CommSec chief economist Craig James said a modest gain at the close of trade in the…
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Want to know what happens to the property market when the economy eventually rolls over? Look west, and for property investors it is not a pretty picture, according to the global credit ratings agency Moody’s. Moody’s has studied the rising…
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Retail sales have posted a surprisingly strong bounce in April, surging 1 per cent to defy a recent downward trend. Economists had expected some rebound following disappointing March data, but the… Read more: http://www.abc.net.au/news/2017-06-01/april-retail-sales/8578750?section=business
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Australian stocks closed lower. Today’s scoreboard: ASX 200: 5,707.10 -44.56 -0.77% All Ordinaries: 5,747.70 -44.36 -0.77% AUD/USD: 0.7435 -0.0012 -0.16% The local market started the Read more at: https://www.businessinsider.com.au/australian-stocks-slide-banks-hit-heres-what-you-need-to-know-2017-5#Vdl22cqIiqVI84h8.99
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The federal government is expected to kick off funding of the Inland Rail project, a direct rail line between Melbourne and Brisbane, with a $1bn commitment in next month’s budget. But the government’s proposal has been met with criticism from…
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300,000 homes and businesses get upgraded. NBN Co will bring fibre-to-the-curb technology to an extra 300,000 premises, expanding its FTTC footprint to 1 million homes and businesses. Chief network engineering officer Peter Ryan today confirmed the expected expansion to the… Read…
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Global grocery giant Aldi will open 25 new stores a year on the east coast and spend at least half a billion dollars smartening up its ageing fleet, amid warnings… Read more at: http://www.smh.com.au/business/retail/aldi-to-spend-hundreds-of-millions-to-revitalise-east-coast-market-20170404-gvd9a8.html
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The Australian share market is set to open the week marginally higher following modest gains in the US and mixed results across Europe. The futures market is expected to be three points higher on Monday with US jobs growth, a…
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Airlines and their passengers have paid up to $1.6 billion too much for airport access over the past decade due to a textbook example of how not to privatise monopoly assets, the competition regulator said. The Australian Competition and Consumer…
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