At the start of the year economists seem more divided than ever over Australia’s growth outlook. Will 2017 be a year of economic stagnation warranting more Reserve Bank of Australia rate cuts or will growth pick up, putting pressure on……
Fresh from a year that delivered major political shocks and proved tougher than expected, Australian business leaders are taking a cautious approach to 2017. Fewer chief executives expect to see business conditions improve than… Read more at: http://www.smh.com.au/business/business-chiefs-more-cautious-in-2017-ai-group-20170112-gtq72s.html
Posted on December 30, 2016by maria in Buying Tips
NAB analysts say 2017 may be the year the Reserve Bank cash rate falls below US interest rates, and the last time this occurred the Australian dollar slumped as low as 48 US cents. There has only been one period…
Posted on December 29, 2016by maria in Buying Tips
Dramatic are the news for the car drivers who will soon find out the price of petrol will get worse if Woolworths sells its 527 petrol stations in Australia to the famous multinational Bp. The economic analysts say that if this happens the competitions…
Posted on December 27, 2016by maria in Buying Tips
SKY-high housing prices have been blamed on everything from foreign investment to greedy Baby Boomers hogging the market. But according to Prime Minister Malcolm Turnbull there’s a more… Read more at: http://www.news.com.au/finance/real-estate/buying/housing-affordability-red-tape-to-blame-for-property-crisis/news-story/4dad4aa43def29982a69a221c6e6152a
Posted on December 24, 2016by maria in Buying Tips
Aussie shoppers are predicted to break the bank and spend a record-breaking $2.28 billion this Boxing Day. The National Retail Association made the – See more at: http://www.skynews.com.au/business/business/national/2016/12/24/record-sales-predicted-for-boxing-day.html#sthash.dPsShfsY.dpuf
Posted on December 23, 2016by maria in Buying Tips
HERE are five things making news in business and finance today. 1. SYDNEY — The Australian dollar has dropped against its US counterpart. The local currency was trading at… Read more at: http://www.heraldsun.com.au/business/markets/finance-news-you-need-to-know-today/news-story/4920f5b3f3f4ce5d33565f70ed2ea288
Posted on December 22, 2016by maria in Buying Tips
Australian stocks closed higher for the fourth day this week. Today’s scoreboard: S&P ASX 200: 5,643.90 +30.43 +0.54% All Ordinaries: 5,691.80 +29.76 +0.53% AUD/USD: 0.7235 +0.0002 +0.03% The local market kept rising on the back of… Read more at:…
Posted on December 21, 2016by maria in Buying Tips
Shareholders are right to be increasingly worried about just how financially painful Bellamy’s Chinese burn is going to be, Elizabeth Knight writes: At its worst, the organic baby formula producer is experiencing an… Read more at: http://www.smh.com.au/business/markets-live/markets-live-bellamys-watch-20161220-gtfg4r.html
Posted on December 20, 2016by maria in Buying Tips
The Reserve Bank has hinted it is content to leave interest rates alone for the time being, warning about high levels of household debt sparked by a borrowing binge on… Read more at: http://www.abc.net.au/news/2016-12-20/rba-minutes-december/8135030?section=business