Pacific Perspectives
Former Telstra chairman slams Canberra’s ‘self-serving’ outage outrage
Former Telstra chairman John Mullen has delivered a stinging attack on what he calls the self-serving moral outrage of some politicians following last week’s nationwide outage, defending chief executive Vicki Brady as an exceptional leader…
Investors pile into income ETFs to shelter from tax changes
Australian investors are on the hunt for income and are piling into exchange-traded funds that are focused on dividends, bonds and cash amid higher interest rates and looming changes to capital gains tax. Money flowing…
Aussie dollar under threat as Trump’s blockade triggers rate fears
Hopes for a rebound in the Australian dollar are hanging by a thread after US President Donald Trump reinstated a blockade through the Strait of Hormuz and traders ramped up their bets for a US…
US banks smash earnings records, despite ‘tectonic’ risks
In a world of uncertainty, one reliable rule is that Wall Street will find a way to make money. That was underscored with emphasis Tuesday when four of the largest banks in the United States…
ASX finishes flat amid simmering US-Iran tension; Light & Wonder jumps
ASX shrugs off oil price spike; Light & Wonder jumps Matt BellShare post The Australian sharemarket finished the day largely where it began despite US President Donald Trump reimposing a blockade through the Strait of…
Tesla calls for all drivers to pay road user charges
Tesla says NSW should scrap its plans for an electric vehicle tax and Australia should adopt a national road user charge that would be paid by all drivers including those who own petrol cars. A…
Budget’s nasty CGT surprise for Australians doing a stint overseas
Australians who work overseas will lose access to any capital gains tax discount on investment properties from July 1, 2027 if they relinquish Australian tax residency during their time abroad. Ben Turner, an accountant specialising…
Iran bombs US supply lines as Hormuz stand-off escalates
Dubai | The US and Iran exchanged fresh strikes overnight into Monday as they continued their tit-for-tat attacks while issuing conflicting declarations over whether the Strait of Hormuz was open to shipping. US Central Command…
ASX ends flat as oil soars towards $US80; big banks rally
The Australian sharemarket ended flat on Monday as investors largely looked through the surging oil prices from fresh strikes between the US and Iran and the implications for the Strait of Hormuz. The benchmark S&P/ASX…
Wall Street feasts on fees from SpaceX IPO and mega-mergers
New York | Wall Street banks this week are set to report their biggest haul from investment banking fees in four and a half years, fuelled by SpaceX’s blockbuster stock market listing and a resurgence in…