The extraordinary stock market events in China of recent weeks have stunned domestic investors, as the Beijing government opted for extreme measures to prevent a complete meltdown after the Shangha
International travel figures released at the same time as the Reserve Bank's quarterly monetary policy report on Friday support its suspicion that the economy's potential growth has been cut by slower population growth.
To merge or to demerge is a question that goes beyond the mining industry; it's one that is also dividing opinions in the media world, with Australian and American publishers heading in opposite directions in what looks like a classic schism of ideas.
While it's a close call, chances are the Reserve Bank of Australia will cut rates again before year end reflecting the poor business investment outlook, greater than expected weakness in commodity prices, and the $A remaining too high.
The story of this reporting season will be a familiar one: companies with offshore earnings or exposed to the booming housing market doing well, while miners and the companies that service them suffer.
BHP Billiton's annual profit statement to be released next month could contain a pleasant surprise for shareholders, and a nasty surprise for Australia.
Employment figures are due next week and may go some way to resolve the mystery of jobs growth that appears too strong to be consistent with an economy growing at less than its normal pace.
Architects have a saying about ‘less being more'. The mining industry has flipped that around with ‘more being less', as shown in this week's production reports and share prices of Fortescue Metals and BHP Billiton.
Total sales recorded by REIWA member have fallen by 2% to 557 for the week ending 21 July 2015. This fall was due to land and house sales dropping with Units remaining strong.