Melbourne Airport has won a crucial vote of confidence from its lenders following a bruising year for Victoria’s key aviation hub in the fallout from the coronavirus pandemic: https://t.co/NY6XUqYmp1 @Melair#MelbourneAirport#aviation
Sure as day follows night, share and property prices keep going up, up and up some more. But are we all being led up the garden path, asks Terry McCrann: https://t.co/ghG7tgheUh #asx@RBAInfo#ausbiz
Will an increase in the rate of compulsory superannuation payments cost jobs? Or would a failure to increase it cost jobs and wages? Terry McCrann looks at the politics behind the debate: https://t.co/z24oHJccBM #superannuation#auspol#ausecon
For years, booming population growth underpinned a robust Aussie economy. Now that growth is all but grinding to a halt, the head of the Reserve Bank has warned: https://t.co/BfWwWKB3E4 @RBAInfo#ausecon#ausbiz
The people who govern us – both the politicians and the central bankers – are making a universal one-way bet. Terry McCrann explains why it’s disturbing and very dangerous: https://t.co/AQe3Ug7Xog @RBAInfo#rates#ausbiz#ausecon
BREAKING: In a stunning David and Goliath victory, Aussie food company #Bega has seen off a legal challenge from US titan #Kraft over its peanut butter: https://t.co/OxIbPSq4T1 @BegaCheese_@KraftHeinzCo#ausbiz
Official figures tell us inflation is all-but non-existent, but in the real world — especially for one big group of Australians — nothing could be further from the truth, says Terry McCrann: https://t.co/Q2R1uxCQrm @ABSStats#inflation#ausbiz
An Australian women’s fashion label has entered voluntary administration due to financial troubles sparked by coronavirus pandemic: https://t.co/acOVAbBDJH @AliceMcCall#ausbiz
Embattled Australia Post boss Christine Holgate has resigned just weeks after the Prime Minister bluntly told her if she didn’t wish to stand aside “she should go”: https://t.co/cLqFhWYCbg @auspost#ausbiz
Westpac has blamed its money-laundering scandal and the economic downturn caused by the coronavirus pandemic for its “disappointing” financial results: https://t.co/hh7zPkGhc3 @Westpac#ausbiz
Wealth management giant @AMP_AU has become the latest major corporation to come under cyber attack, with the group forced last week to suspend some of its online services: https://t.co/rPlN4UPv4n #ausbiz
From @Kogan founder @ruslankogan to @jacksonmeyer_VG and @MoxieHQ's Mia Klitsas, they're some of Victoria's best and brightest young entrepreneurs. Here, they share some of the secrets of their success: https://t.co/JtH6irtK4d #ausbiz#entrepreneurs
BREAKING: Prices fell in Australia last quarter at the fastest rate since records began 72 years ago. The rate of deflation, as measured by the consumer price index, clocked in at 1.9% amid the coronavirus pandemic, the #ABS has announced. @ABSStats#ausecon
BREAKING: Australia's GDP fell 0.3 per cent in the three months to March according to accounts just released by @ABSStats, meaning the nation is spiralling into its first recession in almost 30 years. #ausecon#ausbiz
There’s one critical thing we can do in Australia that could make all the difference as we ease #coronavirus restrictions, yet it seems our political leaders don’t want to know about it, writes Terry McCrann: https://t.co/wS90ecjRov #COVID19Aus#auspol#vicpol
BREAKING: The share market has had its worst day since the 1987 crash. The #ASX200 has closed down 9.7 per cent - its biggest fall for any session since the index was launched 20 years ago - while the longer-established All Ordinaries index has had its worst day since '87. #asx
BREAKING: The #ASX 200 has closed up 4.4% after staging a remarkable intraday recovery. It was down 8.1% in early afternoon trade, meaning that over little more than three hours it swung more than 12%, stacking on $200 billion from peak to trough today. #asx200#ausbiz
JUST IN: After slumping 8% in the first three hours of trade today, the #ASX 200 has come storming back and is now up 1.4% - a $150 billion turnaround. #asx200#ausbiz