Obamas' book deal worth as much $US60m
The memoirs of former President Barack Obama and his wife, Michelle, could be worth $US60 million in a record-breaking auction.
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Will Willitts
Will Willitts writes on finance, company news, markets and monetary policy. Based in Sydney, Will is an online business editor; he previously was a correspondent and editor with Reuters and Bloomberg. His career has spanned Europe, the US, Canada and Latin America.
RBNZ cuts rates to 2pc on uncertain growth
The Reserve Bank of New Zealand cut rates a quarter point to 2 per cent because of uncertain global growth.
RBA warnings on hot property echo in Vancouver
Canada's central bank governor has joined RBA governor Glenn Stevens in warning about frothy property markets that may come undone.
Fisher & Paykel Healthcare posts record full-year profit
Fisher & Paykel Healthcare said its full-year net profit rose 27 per cent to to $NZ143.4 million in the year ended March 31.
Macquarie reiterates guidance for lower H2 earnings
Macquarie Group has reiterated its guidance that it expects its second-half results to be lower than the previous six months.
Medibank appoints Craig Drummond as CEO
Medibank Private has appointed Craig Drummond as chief executive effective on July 4 after an "extensive global search", the health insurer said.
US corporate profits fall to lowest since the GFC
Headline US news late last week was that economic growth was revised higher to 1.4 per cent. Less reported was US corporate earnings falling to their lowest since the GFC.
Australia facing debt crisis: Forbes
Australia is second only to China on a list of seven countries that Forbes magazine says is "most likely to suffer a debt crisis" within three years.
RBNZ cuts rates to 2.25pc on lower growth prospects
The RBNZ cut rates to 2.25 per cent on global growth concerns, pushing the kiwi down more than US1 cent.
Sydney squeaks in at No. 10 as best place to live
There was almost an audible sigh of relief, or a yawn, as Sydney once again landed in a top-10 list as best place to live.
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