People walk past an Amazon Go store in Seattle. (AP Photo/Elaine Thompson)By Robert GottliebsenBusiness columnist We’re seeing history repeat itself as major retailers duplicate the mistakes of many newspapers. I recall just under twenty years ago yarning with Andrew and Paul Bassat as they ... Read more
Archives for June 2017
Global political risks one year on from Brexit – what have we learned? —Dr Shane Oliver, Chief Economist for AMP Capital
20 June 2017 Key points Geopolitical issues create much interest, but as we saw over the last year starting with Brexit this doesn’t mean they’ll have a big negative impact on financial markets. However, a backlash against economic rationalist policies and inequality, and the ... Read more
The Australian economy hits another rough patch-implications for investors—Dr Shane Oliver, Chief Economist for AMP Capital
14 June 2017 Key points Annual Australian growth slowed to 1.7% in the March quarter hit by bad weather & weak consumer spending. A declining drag from falling mining investment, strong public infrastructure spending and a likely resumption of trade contributing to growth ... Read more
RBA Leaves Rates Unchanged —Press Release 6 June 2017
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision Number2017-12 Date6 June 2017 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The broad-based pick-up in the global economy is continuing. Labour markets have tightened ... Read more