The Metal Trump Wants More Than Gold
China has a monopoly on one of the most strategic metals on the planet, and Washington is anxious to change that. Global dominance at this point in the game means control of the rare earths elements that form the backbone of existing technology and the future of technology, and while everyone is busy playing at…
Millennials consumer confidence hits 2½-year low
Millennials consumer confidence hits 2½-year low ATM withdrawals hit 8-year lows Consumer confidence; Credit/debit cards; NZ interest rates Consumer confidence: The Westpac/Melbourne Institute survey of consumer sentiment index rose by 2.3 per cent to 95.5 points in February. But consumer sentiment is still below the longer term average of 101.4 points. A reading below 100…
Petrol prices & Coronavirus
Petrol prices & Coronavirus Weekly Petrol Prices; China inflation Petrol prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol fell by 0.6 cents to a 5-month low of 139.7 cents a litre last week. China inflation: Consumer prices rose 5.4 per cent in the year to January (forecast 4.9…
Capital Gains Tax: Implications for Australian tax residents
In Australia, special capital gains tax rules apply when dealing with assets of a deceased estate. The most common types of assets inherited by a beneficiary that could be subject to a capital gain are property, shares and managed funds. You may have just received (or are about to receive) an inheritance. While this article…
Investor Signposts 10 Feb 2020: Quiet week ahead
Australia: Quiet week ahead In the coming week, there is only a spattering of economic indicators. Main interest will be on the profit-reporting season. On Tuesday, there are three indicators to be released. ANZ and Roy Morgan issue the consumer sentiment index for the week ended February 9. The National Australia Bank issues the January…
Investor Signposts: Week Beginning January 20 2020
Australia: Quiet week ahead • The fourth week of the year looks to be a quiet one for economic data, both in Australia and the US. In Australia consumer sentiment and employment data dominate the list of scheduled releases. • The week kicks off on Tuesday when the Commonwealth Bank releases the December Household spending…
Dodging potholes on the road to recovery
After a year in which central banks won the tug of war between macroeconomic policy and political conflict, prospects look positive for a modest recovery in 2020. Yet with trade tensions still rife and valuations stretched, there are still plenty of economic, political and market challenges ahead. 2019 has been a very strong year for…
CommSec Daily Repot Thursday
Latest News Local shares continue to hover around historic highs with the ASX 200 briefly breaking through the previous intraday record of 6875 on the open this morning. The index is trading near 6874 with a gain of 24 points or 0.35% at lunch on Thursday. The Aussie market has enjoyed a solid run of…
The 10 Highest Paying Jobs In Oil & Gas
Make no mistake: Oil and gas companies may be doing some serious cost-cutting and slimming-and-trimming to stay competitive after the shale boom binge, but when it comes to employment, it’s still one of the best industries to hit up for a job. Jobs are booming, just as much as U.S. oil and gas production is….
Petrol prices near 12-month highs
Petrol prices near 12-month highs Weekly petrol prices Petrol prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol rose by 9.0 cents a litre last week to a near 12-month high of 154.1 cents a litre (highest since week to November 4 2018). The lift in prices was influenced…
