Private Sector Credit Rises 0.5% In Dec

The value of loans outstanding to the private sector grew in December, but personal credit has continued to flatline, data out of the Reserve Bank of Australia shows.

The central bank's financial aggregates for December show total credit increased by 0.5 per cent, after increasing by the same amount in...

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Taxing The Tech Giants: Less Talk, More Action

It’s no secret that companies including Apple, Google, Amazon, Uber, Airbnb and Ikea seem to pay less than their fair share of tax in Australia. Despite booking huge revenues from sales to Australian customers they are able to reduce their profits in this country by shifting profits to...

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Retail Spending Growth To Slow In Q1

Retail spending is expected to slow during the first few months of 2015 after the strong Christmas trading period.

The Australian Food & Grocery Council-CHEP retail index was just 2.4 per cent higher for the March quarter compared to a year earlier, almost half the 4.4 per cent rate in...

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Australian Equities Market


In Australia, data on export and import prices is released. In the US, weekly data on claims for unemployment insurance is released with pending home sales.


US Equities

US sharemarkets were mixed on Wednesday. Solid earnings from Apple boosted investor sentiment, especially in the technology sector. Shares in Apple rose by 7.7 per...

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