Good morning, Australia’s biggest companies are bracing themselves for the fallout from Donald Trump’s shock new tariffs on steel and aluminium, warning it could make American-made goods more expensive and delay the global economic turnaround. Meanwhile, Ansell has flagged price increases to offset tariff hikes, with the global protective products giant also revealing in its half year results rising geopolitical tensions had forced it to fly new categories of products by air to get around prolonged Red Sea shipping disruptions. And allowing Australians to buy houses using their super would drive up prices, lead to lower rates of home ownership and hit retirement savings the Super Members Council warns in a new report based on analysis of the New Zealand experience. |