Australia s trade surplus soars to new high macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.
By Justin Hendry on Mar 4, 2021 12:15PM
Home Affairs tops the list.
Eighty-four IT projects worth $10 million or more are currently in-flight across the federal government, with more than a quarter underway at just one department.
The Digital Transformation Agency detailed the list of high-cost projects in its submission [pdf] to the Australian Public Service senate inquiry this week.
It is the first public snapshot to be released since the DTA’s digital governance and investment division stopped actively monitoring projects and assigning them ‘engage’, ‘monitor’ or ‘observe’ statuses in mid-2018.
Last year, the agency said the value of active government IT projects as at January 2020 was $7.4 billion, but it did not disclose how many projects contributed to this overall figure, nor indicate how many were high-risk.
Australian Dollar Outlook: AUD/USD, AUD/NZD at Key Levels as Trade Data Looms
2021-03-04 00:00:00
Thomas Westwater,
Analyst
AUD/USD, AUD/NZD, Government Bond Yields, Technical Forecast -Talking Points
Rising government bond yields spook investors as Wall Street stumbles
Australian balance of trade data in focus for Thursday’s APAC session
AUD/USD, AUD/NZD at key technical levels following AU Q4 GDP beat
US stocks moved lower as Treasury yields spiked, pushing investors into a risk-off stance with the tech-heavy Nasdaq Composite leading the move lower, closing down 2.72% on the day. The Dow Jones Industrial Average lost 0.38% while the S&P 500 closed 1.30% in the red. Small-cap stocks also suffered and the VIX volatility index climbed nearly 10%.
CANBERA (dpa-AFX) - The Australian dollar climbed against its major counterparts in the Asian session on Thursday, as oil prices rose before a meeting of the Organization of the Petroleum Exporting
Aussie retail sales continue upward march macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.