Markets
Flashing red Market in $50bn Brexit rout
UPDATE: The Aussie stockmarket has suffered a $50bn rout in a day of dramatic volatility after Britain voted to quit the European Union.
McCrann’s week Behind the Brexit carnage
IT IS a very small tremor in real terms, yet bodies are littering the landscape in the wake of the Brexit vote, says Terry McCrann.
Market hit Stocks cop $30bn hit on Brexit fears
THE Aussie stockmarket has tumbled to a seven-week low, suffering a $30 billion hit amid worries about the coming “Brexit” vote in Britain.
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.