Scope BusinessDay Economic Survey: Cut negative gearing, not company tax, economists say
Exclusive Video will begin in 5 seconds. Economists predict feeble economy The economy will fail to fire in the coming year and underperform government expectations, according to the Scope BusinessDay survey of 23 leading economists. Peter Martin explains. PT2M40S 620 349 If Australia's top economists were deciding the election, they'd vote for Labor's cuts to negative gearing and against the Coalition's cuts to company tax.Of the 23 leading economists polled for the Scope Bu..>> view originalCopper stocks deep into red as gold miners surge
It was a tale of two markets on Friday as the shares of diversified mining majors were dumped and gold stocks surged after the UK's vote to leave the European union wreaked havoc on financial and commodity markets. In massive volumes in afternoon trade on Friday gold futures in New York for delivery in August, the most active contract, was priced at $1,321 an ounce after earlier in the day peaking at $1,362 an ounce up just under $100 from Thursday's settlement and levels last seen March 2014...>> view originalBritish online retailer ASOS denies outage is Brexit-related
Video will begin in 5 seconds. CEO shock over Brexit Chief executives face tough decisions over how to respond to Britain's vote to leave the European Union. PT1M50S 620 349 UPDATE: ASOS have responded after fans of the brand expressed concern on social media that the online store's website and app had been taken offline due to the plummeting value of the British pound after the UK voted to leave the European Union yesterday."Yes, the site is down. This is because of a power ..>> view originalSmall piece of good news in Brexit vote panic
ANALYSIS: We had to look long and hard at the Brexit vote, but we've found a silver lining amid the panic. brexit. Former Australian PM and aspiring UN leader Kevin Rudd has taken to Twitter calling for calm in the wake of the Brexit vote – Britain's ...>> view originalReport shows HP, Apple fighting forced labor
British air passengers could drop 5%
The number of British air passengers could drop by three to five per cent by 2020 with an expected downturn in the economy and fall in sterling following the Brexit vote, the International Air Transport Association (IATA) says. "In other words, the outcome of yesterday's referendum could reduce air passenger growth by 1.0-1.5 percentage points each year over the near term," the industry group said in an analysis. Air freight will be affected by lower international trade in the longer term, it s..>> view original
Saturday, June 25, 2016
Scope BusinessDay Economic Survey: Cut negative gearing, not company tax, economists say and other top stories.
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