Page 11 - Tim Toohey News Today : Breaking News, Live Updates & Top Stories | Vimarsana

A market punishing of Domino’s and Inghams signals that food companies must show they can pass on rising costs, or risk investor wrath.

A stronger rise in inflation has thrust Australia into the midst of the most crucial global economic question facing investors, homeowners and businesses.

Smart investors should be alert, watching whether headwinds involving government handouts, housing and China turn into cyclones.

Australian dlr below 75 cents on dovish c.bank, NZ$ falters 07/06/2021 | 11:13pm EDT Send by mail : Message : Required fields SYDNEY, July 7 (Reuters) - The Australian dollar held below the critical chart level of 75 U.S. cents on Wednesday as traders wagered the country's central bank will keep monetary policy ultra easy for a long time to come, while its New Zealand peer stumbled from three-week highs. The Australian dollar was last at $0.7494, below where it was before the Reserve Bank of Australia's (RBA) monthly policy meeting on Tuesday where it left key rates at 0.1% but narrowly taper...

“Their intent to put out a restrictive fiscal stance is just not there and certainly won’t be there this side of an election.  “That’s good news for markets and good news for growth as the Government is not going to get in the way and they will support that growth.  “In the context of the central bank, whatever its going to do in terms of tightening, it certainly won’t be by the cash rate for another three years, so it’s a very supportive monetary and fiscal backdrop.”  Toohey said he expected the May Budget, due next week, would be used to evidence that vastly better econo...