How Blackstone became an ‘AirTrunk believer’
The New York giant was dabbling with some sheds with ‘some power on the side’ but two lessons paved the way for its bumper acquisition.
The New York giant was dabbling with some sheds with ‘some power on the side’ but two lessons paved the way for its bumper acquisition.
The Reserve Bank is ‘constantly alert’ for signs that inflation expectations could become untethered, its chief economist Sarah Hunter says.
A top Reserve Bank official gives a strong indication the central bank could be preparing the way for an interest rate cut.
Late payments by businesses are at their highest level since the depths of Covid-19, and it’s the hospitality and construction sectors faring worst.
The federal government wants to address the housing crisis with the construction of more than a million homes but its key plan won’t be made easy by data showing building costs are rising.
For Citi’s New York-based global economist, Nathan Sheets, the difference between a recovery and global recession are finely balanced.
Voters are shedding some of their pessimism over the economy, but the more upbeat mood seems to have been overwhelmingly driven by growing hopes that the Reserve Bank could soon cut interest rates rather than Labor’s latest tranche of cost-of-living relief.
Markets in the US and Australia are climbing a proverbial wall of worry but October has a reputation as one of the most volatile months of the year for stocks as the US election looms.
One of the country’s largest banks says that the Reserve Bank will be in a position to offer rate relief to millions of Australians sooner than expected.
Sharemarket sets new highs after US gains. NAB revises rate cut prediction. Private equity circling wealth platform market. CBA says households cutting back spending. Tyro sinks on RBA review of card payments and surcharging.
The former hardware boss believes Lendlease can get its glory back. This involves ‘the right kind’ of risk.
ASX 200 ends up 0.5 per cent amid gains in the US and China. TPG sells fibre, EGW assets to Vocus in blockbuster deal. Web Travel dives on update. New bosses at Lendlease, Pacific Smiles. BCA puts councils performing poorly on housing on chopping block.
A survey has found people would be more likely to cycle to work if they had a workplace closer to home, and cyclists say employers should do more to encourage them.
China says it will lift government debt to revive its economy but economists and investors were provided with little detail on the extent of the stimulus package.
Australia and the UAE have enjoyed stable and positive diplomatic and trade relationships for many years, notably in agriculture, and those economic ties are set to deepen.
The mining giant’s $10bn bet has electrified the struggling industry. However, Rio will bring a different mindset to lithium.
Amid considerable hand-wringing about the upcoming US Presidential election, systematic global asset manager Dimensional says investors should simply stay the course.
Merger reform is a useful step forward but merger controls are essentially backward looking when forward-thinking national competition policy is needed.
Woolworths and Coles have told the Senate select committee on the cost of living that Australian households are struggling and have been forced to change their shopping behaviour.
Australian tradies are overhauling their services in a bid to stay afloat, as many feel the pinch from a slowdown in the economy, which online marketplace hipages says could soon turn.
Original URL: https://www.theaustralian.com.au/business/economics/page/6