Business News
ANZ: Iron-willed China the key
IRON ore should find a floor at $US50 a tonne with the supply glut to evaporate more quickly than originally thought, banking major ANZ says.
No fool like a young fool
AUSTRALIANS aged 55 or over are about half as likely as younger people to fall victim to personal fraud, shattering the myth of an older generation of easy prey, research reveals.
Know when to fold ‘em
THE solution to a bad relationship is to leave and cut financial ties, writes Barefoot Investor.
So super, this waiting on events
INVESTORS face three levels of major uncertainty over the next two months, writes Terry McCrann.
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Myer chalks up sales spike
MYER has reported a strong quarterly sales update after shoppers hit the group’s department stores in force during the three months to April.
Fairfax plays down NZ retreat
Fairfax Media, publisher of The Age, has downplayed speculation that it will offload its New Zealand business in the hunt for a revenue boost.
The economy Governor Philip to be RBA chief
VETERAN central banker Philip Lowe will be tasked with guiding Australia’s economy through intense headwinds after being confirmed as the next governor of the Reserve Bank.
The economy Budget fails to convince Moody’s
GLOBAL credit ratings agency Moody’s is sceptical about Australia’s federal Budget, warning it believes public debt will increase higher, and take longer to repay, than the government has forecast.
Small business owners at risk
SMALL business owners are the least likely to ask for help with mental health issues and risk losing their businesses because of it.
Mini mogul turns down $41m
DON’T be fooled by his braces. Baby-faced Taylor Rosenthal is a budding Bill Gates. The teen has turned down a $41m offer.
