A Most interesting article posted on LinkedIn by Microsoft on how gaming technology is being used to great benefit in educating the future generations. Gaming Technology helps Education Enhancements ... Read more
Why investors should hold onto their hats in 2018 —By David Taylor, ABC News and Current Affairs
It’s as basic as it gets, but if you look at charts of some of the world’s major stock indices… well, it’s pretty scary. You’ll see a ‘mountain’ of a graph. Stocks in London, New York and Japan are regularly pushing all-time highs. Even here in Australia the benchmark index is sitting around a ... Read more
Charlie Munger, Vice-Chairman of Berkshire Hathaway, talks about Bitcoin.
Charlie Munger on Bitcoin: “It’s totally insane” Berkshire Hathaway Vice Chairman, Charlie Munger, is not known for his subtlety. In a recent conversation at the University of Michigan, Munger was true to style and has some fairly strong messages for cryptocurrency enthusiasts and novices alike. A ... Read more
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision
Number 2017-25 Date 5 December 2017 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy have improved over 2017. Labour markets have tightened and further above-trend growth is expected in a number of advanced ... Read more
Banks ask for inquiry to end ‘uncertainty’ —Investor Daily News
The chairmen and chief executives of the four major banks have penned a letter to federal Treasurer Scott Morrison asking him to establish a “properly constituted inquiry” into the financial services sector. In an letter sent to Treasurer Scott Morrison this morning, the chairmen and chief ... Read more
Breaking Down the ABC’s of Caution —PIMCO Global
Joachim Fels, Global Economic Advisor, Scott Mather, CIO U.S. Core Strategies and Olivia Albrecht, Fixed Income Strategist, discuss key macro uncertainties such as aging U.S. expansion, central bank balance sheet expansion, and China uncertainty against a backdrop of synchronized global ... Read more
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision —No Change!
Number 2017-23 Date 7 November 2017 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy are continuing to improve. Labour markets have tightened and further above-trend growth is expected in a number of advanced ... Read more
BlackRock CEO Larry Fink on housing, banks and investing —by David Rowe
BlackRock CEO Larry Fink says capital is the winner from automation so buy equities. BlackRock chairman and chief executive Larry Fink showed again this week why so many political leaders, central bankers and chief executives are so keen to get a chunk of his precious time. In an interview ... Read more
Safe as houses, but unit prices set to fall —The Australian
Cranes show the extent of building in Brisbane. Picture: AAP Reporter @rosannebarrett Unit prices in most capital cities are likely to fall following unprecedented building while house prices will hold up over the next three years, in a growing divergence in the great ... Read more
Truth catches up with Tesla as output falls short —The Wall Street Journal
Tesla fell short of third-quarter production guidance by more than 80 per cent By Charley Grant New revelations about Tesla’s production of the highly anticipated Model 3 sedan should shock, but not surprise, investors. The Wall Street Journal reported on Friday that Tesla has ... Read more