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Interest rate hikes: Here’s the four reasons why the RBA can’t raise rates

Interest rate hikes: Here’s the four reasons why the RBA can’t raise rates

by Shared by ABC Online. | Jul 17, 2017 | News

Among the handful who a fortnight ago were predicting a cut this year, almost all have changed their tune and, suddenly, the chances of an official hike before April next year have risen from zero to almost 40 per cent.Read the full article on ABC Online.
Australia a ’place of choice’ for money laundering: ANZ

Australia a ’place of choice’ for money laundering: ANZ

by Shared by ABC Online. | Jul 14, 2017 | News

Australia’s hot property market is an attractive haven for criminals, with estimates that billions of dollars of dirty money is being laundered through residential property.Read the full article on ABC Online.
Business conditions at ’pre-GFC levels’ but confidence only improves slightly, says NAB

Business conditions at ’pre-GFC levels’ but confidence only improves slightly, says NAB

by Shared by ABC Online. | Jul 11, 2017 | News

Stronger trading conditions, particularly sales, and profitability helped lift June’s business conditions to +15 (an increase of 4 index points).Read the full story at ABC online.
ATO launches investigation into online system failure

ATO launches investigation into online system failure

by Shared by ABC Online. | Jul 6, 2017 | News

The ATO said it had no choice but to shut down its digital services for more than five hours, frustrating thousands of Australians hoping to lodge their tax returns at peak tax time.Read the full article on ABC Online.
Retail sales rise in May as consumers shrug off debt and wages worries

Retail sales rise in May as consumers shrug off debt and wages worries

by Shared by ABC Online. | Jul 5, 2017 | News

Retail sales rose 0.6 per cent, on a seasonally adjusted basis, down on the 1 per cent growth recorded in April, but still three times the rate that most economists expected after a poor start to the year.Read the full article on ABC Online.
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