The New Zealand Tax Podcast: Major tax cuts in the Australian Budget; the problem with Facebook; and Treasury suggests a capital gains tax as part of 'structural reform'
Australian Dollar struggles as Aussie 10-year yield drops to a monthly low fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
Australian Dollar remains below 0 6700 after mixed Aussie employment data fxstreet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fxstreet.com Daily Mail and Mail on Sunday newspapers.
US sentiment and data better, Powell sings same tune; China sees insurance company stress; German sentiment up; Australia gets a pre-election budget; UST 10yr 4.45%; gold up and oil weaker; NZ$1 = 60.3 USc; TWI-5 = 69.6
Markets remain in a holding pattern ahead of key US CPI release. Much higher than expected US PPI in April, but only a short-lived market reaction, given downward revisions. Biden announces range of tariffs on Chinese imports