Email
Here's what's making news this afternoon
To view this email as a web page, go here.
The Australian
 

Good afternoon,

More than 56,000 people found work in December, blistering past expectations for employment gains of 15,000 as Australia’s still-tight jobs market acts as a potential barrier to an interest-rate cut by the Reserve Bank.

The Australian dollar hovering near five-year lows makes Australia look even more attractive to private equity firms hunting for bargains, fund managers say.

And meet Kane Harrison, the 39-year-old entrepreneur who slugged it out selling pancakes at markets before coming up with an investment app that he just sold for multi-millions.

Perry Williams
Business editor
The markets


Commentary
RBA faces tough decision, but it can still cut rates
By DAVID ROGERS
Markets Editor
The labour market has remained surprisingly resilient but these other key economic indicators show why the RBA can still cut rates next month.
Latest news
From a Warrnambool caravan park to life as a London fintech millionaire
Meet Kane Harrison, the 39-year-old entrepreneur who slugged it out selling pancakes at markets before coming up with an investment app that he just sold for multimillions of pounds.
By ANGELICA SNOWDEN
Advisers slam Labor over compo failure
Financial advisers say the Albanese government did not undertake the proper steps before introducing a scheme which has left a $130m-plus bill to many small business owners.
By MATT BELL
Australia ‘treasure island’ for offshore dealmakers
The Australian dollar hovering near five-year lows makes Australia look even more attractive to private equity firms hunting for bargains, fund managers say.
By CLIONA O’DOWD
Leadership changes at ASIC with new CEO announced
Veteran regulator Scott Gregson has been appointed to run ASIC, as it readies to fight several major court battles and investigations.
By DAVID ROSS
Rio facing more iron ore headaches in WA
The mining heavyweight has warned shareholders about production costs after a rain-hit end to 2024.
By BRAD THOMPSON

image