Markets
Property Negative gearing changes may not hurt
LABOR’S plan to limit negative gearing will not damage the housing market, at least in the short term, a senior banking executive says.
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.
The economy Westpac sceptical on Melbourne University research
WESTPAC has taken aim at a study published each month by a University of Melbourne research institute, saying it is likely to be inaccurate.
Disappearing act Inflation sinks, Aussie follows
Inflation has slipped at the start of the year, sending the Australian dollar tumbling and widening the door for another interest rate cut next week.