Global roundup Finance news you need to know today

Finance news you need to know today
A GROUP of investors in the United States is planning for a doomsday scenario by building a $397 million luxury bunker.

Economic impact The Trump effect on your home loan

The Trump effect on your home loan
CHANCES of another interest rate cut in Australia appear to have been dimmed by Donald Trump’s victory. But experts suggest there is still uncertainty.

Jason Murphy If Australia gets a Trump, this is why

If Australia gets a Trump, this is why
COULD Australia get its own Donald Trump? Easily, if we’re not careful. The latest underemployment stats paint a scary picture.

Economy ‘Hold on to your mortgages’

‘Hold on to your mortgages’
DONALD Trump’s economic policies have been tried before, and with a triple-whammy heading our way, Australians should be worried.

USA election What American vote means for Australia

What American vote means for Australia
IF YOU thought this election had no impact on Aussies, think again. Here’s what life could be like under Donald Trump’s rule.

Bizarre scandal ‘I committed a sin that deserves death’

‘I committed a sin that deserves death’
SHE’S the Rasputin-like shamanist cult leader accused of secretly pulling the strings of South Korea’s president. And it all started with a lost tablet.

EU drama The Brexit gamechanger explained

The Brexit gamechanger explained
THE shock decision is likely to delay Britain leaving the EU, and if it goes ahead, it may look totally different to what was expected.

Big spenders It’s official: we’re deeper in debt

It’s official: we’re deeper in debt
AUSTRALIA’S national debt grew again between the midyear and full-year budgets, and it isn’t pleasant reading.

Interest rates Five sure bets as rates on hold

Five sure bets as rates on hold
ANALYSIS: AS the RBA left interest rates on hold on Melbourne Cup day, there are five things that are a sure bet when it comes to home loans.

Rates hold The safest Melbourne Cup day bet

The safest Melbourne Cup day bet
AS WIDELY expected, the Reserve Bank has left the official cash rate on hold at 1.5 per cent. Here’s why that’s a good thing for the property market.

World news China is not going to be happy about this

China is not going to be happy about this
A NEW proposal accepted by the Australian government could spark tensions with China amid the ongoing South China Sea dispute.

Hyperloop Australia’s first true megacity?

Australia’s first true megacity?
SYDNEY and Melbourne could become one powerhouse city. It sounds bonkers, but 900km doesn’t have to be that far apart.

White knuckle ‘Cataclysmic’ shock coming for Australia

‘Cataclysmic’ shock coming for Australia
MILLIONS of jobs and billions of dollars could be wiped from the world’s economy under Donald Trump’s plans for the United States.

China economy What China stands to lose

What China stands to lose
WHILE it may look like we’re on the verge of a war over the South China Sea, China has billions of reasons not to.

Mortgage deals All borrowers get the same deals

All borrowers get the same deals
WHETHER you’re an owner-occupier or an investor, there’s no reason why Aussie home loan customers can’t snare the same rock-bottom deals.

Yes or no? Vote that tore the nation apart

Vote that tore the nation apart
TODAY marks 100 years since this vote that could have “devastated” Australia. If it were held today, would you tick “yes” or “no”?

Mortgage defaults Truth about overseas buyers

Truth about overseas buyers
PROPERTY buyers from overseas backgrounds should be treated differently from locals, a new study claims. But the reason is not what you might think.

Budget blowouts The most over budget road in Australia

The most over budget road in Australia
THE final cost for this highway was five times its original budget. It’s just one of a slew of projects costing taxpayers more than $28bn.

State of the States Watch your back NSW, they’re coming for you

Watch your back NSW, they’re coming for you
NEW South Wales may has been named Australia’s best-performing state, but it’s not all good news. The crown could soon pass to its biggest rival.

Asia politics Why Aus can’t escape this conflict

Why Aus can’t escape this conflict
MANY Aussies remain concerned about the rise of China, but our country’s purpose in the South China Sea is more important than you might think.

Poles and wires What will Mike Baird spend $40bn on?

What will Mike Baird spend $40bn on?
NO WONDER the NSW Premier is happy, he’s got billions burning a hole in his pocket. But what are the big ticket projects now under consideration?

Global roundup Finance news you need to know today

Finance news you need to know today
BRITISH pollies have backed calls to strip billionaire Philip Green of his knighthood over the $2 billion collapse of his BHS department store chain.

Parliament move What was Lucy Turnbull thinking?

What was Lucy Turnbull thinking?
MOVE the NSW Parliament from Sydney to Parramatta? Seriously? Some people think the idea has merit but the Premier’s not one of them.

Asia news ‘Clinton will only heighten tensions’

‘Clinton will only heighten tensions’
A LEADING security expert has warned that Hillary Clinton winning the election could have global repercussions — namely for the US and China.

Migrant camp How old are these refugee ‘kids’?

How old are these refugee ‘kids’?
THE UK has rescued 100 migrant “children” from the notorious Calais camp — many sporting moustaches, monobrows and crows feet.

Federal politics Crackdown on ‘double dippers’ is back

Crackdown on ‘double dippers’ is back
PARENTAL leave “double dippers” will be targeted once again when the federal government makes a fresh attempt to pull back entitlements this week.

World news The Punisher’s smackdown to the United States

The Punisher’s smackdown to the United States
CONTROVERSIAL President Rodrigo Duterte has already told Barack Obama to “go to hell”. Now he has struck another blow against the US.

‘Bird dogging’ Hidden video damaging for Clinton

Hidden video damaging for Clinton
AGENTS for Hillary Clinton paid rioters to incite violence at Donald Trump’s rallies, a hidden-camera investigation has revealed.

Housing risk What RBA isn’t telling you about housing

What RBA isn’t telling you about housing
THE Reserve Bank seems to think housing is a smaller danger to the economy than in the past. But there’s something they’re not telling us.

Shocking video ‘Scenes from the apocalypse’ in Paris

‘Scenes from the apocalypse’ in Paris
SHOCKING footage has emerged revealing once-beautiful Paris streets covered in filth. People are living rough, sleeping on pieces of cardboard.

Markets FX Cross Rates

Market AUD USD EUR GBP HKD NZD SGD
AUD AUD 75.45 70.09 60.34 7.7423 1.06 1.2769
-0.01 0.36 0.35 0.01 0.0 0.01
USD 1.0063 USD 0.93 0.8 7.7911 N/A 1.2851
-0.0 0.01 0.0 -0.0 0.01
EUR 1.3698 1.08 EUR 0.858 10.6049 1.7612 1.7492
-0.02 -0.01 -0.0 -0.1 -0.02 -0.01
GBP 1.5964 1.5864 1.1655 GBP 12.3595 2.0524 2.0388
-0.01 -0.01 0.01 -0.06 -0.01 0.0
HKD 0.1292 0.1284 0.943 N/A HKD 0.1661 0.1649
-0.0 0.0 0.01 -0.0 0.0
NZD 0.7778 0.773 0.5679 0.4872 6.0215 NZD 0.9932
-0.0 0.0 0.01 0.0 0.01 0.01
SGD N/A 0.7782 0.5717 0.4905 6.0632 1.0068 SGD
-0.0 0.0 -0.0 -0.03 -0.01