The prospect of tax cuts in the federal government’s budget helped lift consumer sentiment last week, a survey of households suggests. The Westpac-Melbourne Institute consumer sentiment index rose 1.9 per cent to 100.7 in April, breaching […]
Reserve Bank Deputy Governor Guy Debelle says household spending has been “considerably weaker” than anticipated, but strength in the labour market means there are conflicting signals about the health of the Australian economy. Mr Debelle […]
Beleaguered wealth manager IOOF Holdings is set to acquire Bendigo and Adelaide Bank’s financial planning division in a deal worth an initial $3 million. IOOF subsidiary Bridges will take ownership of Bendigo FP’s client book […]
The global economy is slowing more than expected and a sharp downturn could require world leaders to co-ordinate stimulus measures, the International Monetary Fund says. The global lender’s semi-annual World Economic Report points to the […]
It is now up to the Queensland government to sign off on two key environmental approvals for Indian mining giant Adani’s massive coal mine to go ahead. The company’s revised plan for managing groundwater at […]
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