Tide turning on Reserve Bank rate cut expectations
The mood has turned against further interest rate cuts, with jobs data convincing more forecasters the Reserve Bank’s easing cycle is at an end. NAB on Thursday became the latest…
The Liberals Just Set Themselves on Fire Over Net Zero | The West Report
The Liberal Party has officially ditched its net zero commitment and handed the steering wheel to the Nationals. Matt Canavan was sent in as their leading negotiator and somehow convinced…
Wrong subs? US Admirals’ groupthink running Australia aground
The US Navy and Australia need new diesel-electric submarines. Just don’t try to tell the conflicted American admirals who have been guiding our AUKUS disaster, reports Michael Pascoe. Australia’s deal…
Stocks firm as US government shutdown set to lift
Stocks and gold paused for breath on Thursday as the US Congress voted to end the longest government shutdown on record, with markets waiting for the resumption of US economic…
Xero shares sink to 15-month low despite revenue growth
Xero shares have hit their lowest level in more than a year even as the New Zealand-based cloud accounting platform posts double-digit revenue growth and $NZ321.1 million ($278 million) in…
Global expat tells Australia to lift its economic game
Company taxes and regulation must be cut to boost productivity, Australia has been told by an expat head of a leading global economic body. Matthias Cormann, the first Australian to…
The roles expected to be in hot demand from AI boom
Artificial intelligence will result in fewer jobs in the short term, but workers in some occupations may benefit from increased demand for their skills, employers predict. Despite considerable debate about…
Seven merger with Southern Cross moves a step closer
Australia’s competition watchdog has helped Kerry Stokes closer to retirement, clearing Southern Cross Media to take over his Seven West Media. The Australian Competition and Consumer Commission has opted not…
Corporate watchdog sues after super millions risked
Australia’s corporate regulator is accusing a financial planning company of engaging in “industrial-scale misconduct” for exposing nearly 7000 investors to dodgy super funds. InterPrac is accused of failing to ensure…
The Great Climate Lie | The West Report
Australia’s energy transition is happening whether the fossil fuel lobby likes it or not. Half of the nation’s electricity now comes from renewables, yet the Murdoch press and coal-aligned politicians…