Good morning, Insiders say Fortescue triggered an emergency at the world’s biggest bulk export port when one of its fully-loaded iron ore carriers broke down and threatened to block the most important shipping channel in Australia. The Reserve Bank surprised economists with its decision to keep the cash rate target unchanged at 3.85 per cent, and the key question now is whether its cautious approach risks allowing economic momentum to stall. And a Qantas customer has learned their details were being stored by the airline despite not having made a booking since 2014 , sparking questions around customer data retention rules.
|