Economists await fiscal policy moves
Economists await policy following Treasurer Scott Morrison's opposition to further rate cuts by the Reserve Bank of Australia.
Jessica Sier writes on business, markets, news and real estate. Based in our Sydney newsroom, Jessica is also a multimedia producer.
Economists await policy following Treasurer Scott Morrison's opposition to further rate cuts by the Reserve Bank of Australia.
The ASX managed to close higher for the week as energy stock rose on the back of a buoyant oil price.
Currency traders are puzzling about a 'flash crash' in the pound that shook up forex markets as the prospect of a 'hard Brexit' rears its head again.
Buoyant energy stocks gave the market its lift on Thursday, though it was held back by losses in Telstra and the property sector.
Citi sees the ASX 200 hitting 6000 points by the end of next year, profiting from a turnaround in resources, while Morgan Stanley is more cautious.
The world is hungry for protein and there's a lot more sea than land. Salmon producers are gearing up for the next decade of serious growth.
Gold producers took a beating on Wednesday as investors reconsider the ECB's bond buying program and a near term rate hike in the US.
The Australian sharemarket bounced higher in the last minutes of trade with the help of Rio Tinto, which hit a five-month high.
News of a possible Deutsche Bank deal gave investors some relief, though volumes were light due to the Labour Day holiday.
As investors flee Deutsche Bank, CLSA's Brian Johnson insists the Basel reforms should take place and applauds APRA's tightening of standards at home.
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