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The good, the bad and the bumper sticker as Australia faces ‘20-25 per cent chance of recession’
A lot of financial institutions were running into trouble ... At the same time the manufacturing industry was massively downsizing in Victoria and South Australia. They were often referred to as ...
Finance minister backs economic trajectory
Finance Minister Mathias Cormann believes Australias economy is heading in the right direction despite some global and domestic risks and a flatlining jobless rate. Labor argues the government ...
More staff depart Deutsche Bank in Australia and Hong Kong
Fresh from mass redundancies due to the closure of its global equities business further staff departures have been made at Deutsche Bank in Australia and Hong Kong in recent days with a significant ...
Japanese lessons for Australia
The second case study is the 4 billion takeover of Colonial First State Global Asset Management by Mitsubishi UFJ Financial Group MUFG. The Commonwealth Bank of Australia agreed to sell the ...
MLC sends financial advisers packing in radical restructuring
National Australia Banks wealth arm MLC has unveiled a radical ... The plan includes dumping MLC advice stores and NAB financial planning arms bringing together employed advisers under the MLC ...
John F Kerry warns Australia on Trump's trade war
I think its pretty obvious the latest round of tariffs just created another tit for tat the market responded accordingly a lot of people think it will get worse before it gets better Mr Kerry ...
This Australian just made $1,220 while stock markets crashed today
Australian shares opened almost 2 per cent down on Thursday ... Stake operations manager Sarhang Shafiq told Yahoo Finance last week that investing on markets going down is the same as youve seen in ...
Why Australia’s economy is skating on thin ice
High volatility in sharemarkets and declining bond yields indicated a looming financial downturn in the eyes of Industry Super Australia chief economist Stephen Anthony. And high debt levels ...
The federal government says Australia resilient in the face of global recession fears
Mr Jayasuriya said the worlds economy has not really dealt with some of the structural weaknesses from the last global financial crisis. He said beyond trade tensions global wage stagnation in ...
China and Japan see the future, and it’s not coal: why Australia will be stranded
Loading Mitsubishi UFJ Financial Group one of Japans largest banks ... As one of Japans biggest suppliers of thermal coal this fall in demand will significantly hit Australias coal export market ...
Yahoo Finance's morning wrap for Monday
Markets The Australian market is expected to open lower this week as the US-China trade war refuses to settle down. Both US and European markets fell over the weekend SP500 had lost 0.66 per cent ...
Domain Holdings Australia post 29.3% fall in NPAT
Domain Holdings Australia ASXDHG today announced its 2019 full-year financial results showing net profit after tax of 37.4 million down 29.3 per cent. Revenue of 335.6 million down 6.1 per cent.
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