Pacific Perspectives
Amazon is bringing Intuit QuickBooks software to its millions of third-party sellers
Amazon’s millions of third-party sellers will be able to bring their sales and inventory data into Intuit QuickBooks through a new integration.The companies are targeting mid-2025 to bring the product to market, starting with sellers…
There’s a compelling case for RBA reducing interest rates on Tuesday
Australia’s growth in output and real income per person since 2013 has been close to the bottom of the developed democracies. This follows more than two decades near the top. My new book, Let’s Tax…
ASX to rise on prospect for bolder China stimulus, Wall St slips
Australian shares are poised to edge higher with commodities advancing on plans by China to do more to bolster flagging growth. The US listed shares of BHP and Rio Tinto each surged more than 4…
This US bank makes a bold call on the $A
Morgan Stanley says investors should be buying up the Australian dollar and dumping the greenback because the US Federal Reserve will cut interest rates more aggressively than expected and American trade tariff concerns are overblown.…
Dow drops more than 200 points, S&P 500 pulls back from record as Nvidia slides: Live updates
The S&P 500 and Nasdaq Composite pulled back from record highs Monday, with tech shares struggling and investors looking ahead to key inflation data due out this week. The broad market index fell 0.61% to close at 6,052.85, and…
Fundstrat’s Tom Lee thinks the bitcoin rally above $100,000 is a bullish signal for stocks
Bitcoin’s rally to new heights signals even more momentum for a stock market that’s also at all-time highs, according to Fundstrat’s Tom Lee. “Bitcoin rising is, to me, breaking out of a holding pattern as a…
Michele Bullock could be the Maradona of Australian central banking
Rather than smashing jobs or going too soft, the Reserve Bank governor is weaving through the inflation challenge with a hawkish comment here, a dovish quip there and a steady interest rate. It’s 55 minutes…
Australia is now an economic ‘problem child’: McKinsey
Business investment is at recession levels as Australia’s productivity growth slumps to 30th out of 35 rich countries, according to a new McKinsey report that warns declining living standards are now a “national emergency”. Australia…
Here’s the key ASX sector UBS is targeting in 2025
The ASX 200’s strong rise has been tinged with frustration for many investors because of the banks and miners. UBS is hunting in a different sector in 2025. Talk to any fund manager focused on…
Dow drops more than 200 points, S&P 500 retreats from record as big payrolls report looms: Live updates
U.S. stocks were lower on Thursday as investors awaited Friday’s big jobs report. The Dow Jones Industrial Average dipped 248.33 points, or 0.55%, to close at 44,765.71. Meanwhile, the Nasdaq Composite slipped 0.18% to end at 19,700.26. The S&P 500 dropped…