Articles written by: Alfredo Boyd

Your 10-second guide to today‘s Australian CAPEX report

Marc Romanelli <p While it’s not the largest piece of the puzzle, it’s still important nonetheless, providing markets with a snapshot of business investment in the past as well as what’s expected in the future. In particular, there’ll be plenty of attention on the third estimate for CAPEX spend for the current financial year. Given the RBA is banking on […]

Iron ore prices just surged out of nowhere

WILLIAM WEST/AFP/Getty Images Iron ore spot markets jumped on Wednesday with the benchmark price logging its largest gain in nearly a month. The strong gains came despite further weakness in Chinese steel and bulk commodity futures during the session. Futures continued to slide in overnight trade on Wednesday, casting doubt as to whether the rally in spot markets can be […]

The Australian dollar is under pressure as doubts about RBA rate hikes resurface

Toru Yamanaka / AFP / Getty Images The Australian dollar fell for a second consecutive session on Wednesday on the back of renewed doubts as to if and when the RBA will begin to lift official interest rates. Australian private sector capital expenditure figures for the June quarter will be released today. This carries the potential to move the Aussie. […]

TPG and Vodafone Hutchison announce a $15 billion merger

Jeff J Mitchell/Getty Images TPG Telecom and Vodafone Hutchison Australia announced a merger of equals. They say the merger will provide scale and financial strength to compete more effectively with Telstra and Optus. TPG shareholders will own 49.9% and Vodafone Hutchison’s the rest. TPG Telecom Limited and Vodafone Hutchison Australia today announced a merger of “equals”, creating an entity with […]

The ultimate guide to the best places to work in Australia in 2018

SuppliedThe founders of Canva. From L-R: Cameron Adams, Cliff Obrecht and Melanie Perkins. The competition between companies seeking to attract the best talent is more fierce than ever. Over the last year, the market for jobs in Australia grew by 21.4% — that’s an additional 45,000 vacancies. The number of those employed also grew by 2.5%, and yet the market […]

The two Australian cities that have built global reputations as fintech hubs

iStock Australia has recently seen an increase in fintech-related activity, as the government forms fintech agreements with other countries around the world and launches initiatives designed to boost the industry. At the same time, banks are increasingly releasing innovative new products, and funding for fintech startups continues to gather pace. At present, the country remains a relatively nascent hub for […]

It‘s taking longer for Australian units to sell — and there‘s a record level of new supply on the way

Jeff Greenberg/UIG via Getty Images It’s taking longer for the average Australian home to sell with sales volumes falling to a 28-year low, according to Westpac Bank. The increase largely reflects lengthening times for the average unit to sell, rather than houses. A record 155,275 units were under construction at the end of March, according to the ABS, with most […]