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Virgin Australia’s US owners Bain Capital are pushing ahead with a planned initial public offering, with sources confirming the airline could be relisted on the ASX as early as June.

The Reserve Bank has kept the cash rate on hold at 4.1 per cent . However, there’s a new threat looming. What would have been a smooth pathway for cutting the cash rate over the coming year could now be upended by Donald Trump’s trade war, writes Eric Johnston.

Home builder AVJennings, which is run by former Wallaby Phil Kearns, is set to be folded into a global investor’s operations after a poor share market run.