Focus
finance
Treasury Downgrades Growth Forecasts Ahead of Budget
‘Events in the Middle East are casting a shadow over the global economy, compounding the concerns about lingering inflation and weaker growth.’
Opinion: 8 Reasons Why Superannuation Should Be Axed
Senator Gerard Rennick on why superannuation is the worst thing to happen to the Australian economy.
Report Says Australia Faces 56 ‘Nationally Significant Climate Risks’
‘A plausible worst-case scenario involves the withdrawal of financial services,’ the report states.
Superannuation Body Will Become the ‘Lexcorp’ of Australian Economy: Senator
Super funds would work together for the interests of the funds themselves rather than the members for the funds, Mr. Bragg said.
Feds Won’t Release Research Verifying Claims GST Holiday for Builders Will Lower Rents
Finance Minister Chrystia Freeland said all data pertaining to the research is confidential.
ANZ Boss Says Households Remain Robust, Posts Record $7.4 Billion Cash Profit
The bank’s cash profit was 14 percent higher than the previous year.
Westpac CEO Believes Interest Rates May Need to Rise Further to Combat Inflation
Westpac CEO Peter King advocates further rate hikes amid his bank’s spike in profits.
China Struggles to Find Solutions for Local Government Debt Problem: Experts
The twice-a-decade closed-door Central Financial Work Conference turned out to be a letdown, say analysts.
How California’s Counties Are Performing Financially, and Why It Matters | John Moorlach
The legislature and the governor are signing budgets without even having solid financial data on how their state is running.
Risks of Fraud Higher in Cashless Society: Advocacy Group Warns
An expedited transition towards digital currency usage could leave consumers worse off.
