Law changes for business in 2018

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Policies, procedures and processes

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Wall Street wobbles after week’s wild start

(Reuters) - U.S. stocks slipped in choppy trading on Wednesday as technology and energy stocks fell, while investors adjusted to a market with greater volatility following wild swings of the past few sessions. [Read entire story]

Citigroup targets rapid Middle East, Africa growth in 2018

ABU DHABI (Reuters) - Citigroup expects 2018 to be its best year for investment banking in the Middle East and Africa in at least a decade, likely led by Saudi Arabia, a senior executive at the U.S. bank said. [Read entire story]

TAS Excerpt from the 2018 February Market report

Hobart has maintained its streak as the strongest capital city in Australia in terms of price growth [Read entire story]

SA Excerpt from the 2018 February Market report

Flat prices in the outer ring and a solid performance by premium suburbs define Adelaide’s divided market [Read entire story]

Atlanta airport power outage cost Delta Air Lines up to $50 million

NEW YORK (Reuters) - The 11-hour system outage at Atlanta's Hartsfield-Jackson, the world's busiest airport, cost Delta Air Lines up to $50 million, a Delta spokesman confirmed on Wednesday, and the carrier said it [Read entire story]

U.S. aims to keep steep duties on Bombardier jets after Boeing complaint

WASHINGTON (Reuters) - The U.S. Commerce Department on Wednesday finalized steep anti-subsidy duties on Bombardier Inc's CSeries jets, setting up the next round of a fierce international trade dispute between the United [Read entire story]

Fed policymakers say rate increase likely warranted soon: minutes

WASHINGTON, Nov 22 (Reuters) - Many Federal Reserve policymakers expect that interest rates will have to be raised in the "near term," according to the minutes of the U.S. central bank's last policy meeting released on [Read entire story]

Exclusive: SAP investigating its sales practices in Gulf region

DUBAI/LONDON (Reuters) - German business software giant SAP , which last month said its South African sales commissions were being probed by U.S. regulators, has launched an investigation into its business practices in [Read entire story]

Wages rise to the sound of one hand clapping

Insipid wage growth is fast becoming the economy's biggest problem. It will post a rise this week, but not enough to change things. [Read entire story]

US deal with Russia on Syria will save ‘tremendous numbers of lives’: Trump

US President Donald Trump says an agreement with Russian President Vladimir Putin on Syria would save "tremendous numbers of lives" after the two met at a summit of Asia-Pacific leaders. [Read entire story]

ACT Excerpt from the 2017 November Market report

Government activity and rental demand keep Canberra on a high despite decentralisation concerns and rising prices [Read entire story]

WA Excerpt from the 2017 November Market report

Positivity peeks into the Perth market, but a lack of stability stays experts’ optimism with regard to long-term growth [Read entire story]

55 million calls to Centrelink received the busy signal in 2016/17

More than 55 million calls to Centrelink were greeted with a busy signal last financial year, in what the Opposition says is proof the agency is in crisis. [Read entire story]

DFAT in the firing line over possible secret requests for foreign cash to fund Adani mine

Questions have been raised about possible secret approaches to foreign agencies for financial support for Adani's controversial Carmichael coal mine. [Read entire story]

Businesses get $5 million to help jump-start their innovative ideas in the global market

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Loyalists unhappy as Coach becomes Tapestry Inc

(Reuters) - Iconic luxury handbag maker Coach Inc risked Wall Street and social media ire on Wednesday by announcing a change of its corporate name to Tapestry Inc, as it evolves into a multi-brand upscale retailer. [Read entire story]

Delta refuses to pay tariffs on Bombardier CSeries jets

NEW YORK (Reuters) - Delta Air Lines Inc on Wednesday said the carrier would not foot the bill of a 300 percent tariff that the U.S. Commerce Department wants to impose on Canadian-built Bombardier CSeries, leaving the [Read entire story]

Stay Smart Online Week 2017

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WA Excerpt from the 2017 October Market report

Hints of positivity pop up in the property market, but Perth is expected to remain subdued for the near future [Read entire story]

ACT Excerpt from the 2017 October Market report

Houses are booming in the national capital, but high unit supply levels are pulling the overall market down [Read entire story]

Wage freezes, penalty rate cuts slashing workers’ super: report

Superannuation funds could be drained by as much as $100 billion, with individual retirees losing as much as $270,000, as companies slash wages and force workers out of long-standing enterprise agreements to deliver [Read entire story]

Airlines asked to to carry enough fuel for return flights amid shortage in Auckland

A shortage of aviation fuel causes dozens of flight cancellations at New Zealand's Auckland Airport, with airlines advised to carry enough fuel for return flights after a digger apparently damaged an oil pipeline on a [Read entire story]

Telstra’s NBN fail, poor profit results weigh on share market

It was supposed to be a good day for the Australian share market, until Telstra's share price plunged to a five-year low. [Read entire story]

All electricity customers will receive power-saving advice by Christmas

After meeting with senior ministers, energy executives agree to "empower" Australians with clearer information about their bills, potential savings and how to move to another retailer. [Read entire story]

Dow cracks 22,000, Apple rally leaves other tech behind

(Reuters) - The Dow peaked above the 22,000 mark for the first time on Wednesday, powered by Apple's healthy quarterly iPhone sales, while weakness in other tech stocks pulled the Nasdaq and S&P 500 lower. [Read entire story]

Exclusive: Hasbro ends talks to buy Lions Gate Entertainment – sources

(Reuters) - Hasbro Inc, the maker of games ranging from Monopoly to foam Nerf balls, has ended talks to acquire U.S. movie studio and entertainment company Lions Gate Entertainment Corp, people familiar with the matter [Read entire story]

ACT Excerpt from the 2017 August Market report

Steady growth in the ACT market is supported by employment security and high levels of rental demand [Read entire story]

WA Excerpt from the 2017 August Market report

Residents exit Western Australia as the market tries to anticipate the bottom of the cycle [Read entire story]

Wall Street edges up after Fed holds tight on rates

NEW YORK (Reuters) - U.S. stocks added slightly to gains on Wednesday after the Federal Reserve kept interest rates unchanged and said it expected to start winding down its massive holdings of bonds "relatively soon" in [Read entire story]

Fed holds rates steady, sees portfolio cuts ‘relatively soon’

WASHINGTON (Reuters) - The Federal Reserve kept interest rates unchanged on Wednesday and said it expected to start winding down its massive holdings of bonds "relatively soon" in a sign of confidence in the U.S. [Read entire story]

Dollar recovers from 13-month low on strong PMI readings, Asia stocks tread water

SINGAPORE (Reuters) - The dollar held above a 13-month low on Tuesday after readings on U.S. factory and services activity beat expectations ahead of the start of a Federal Reserve meeting later in the day, but Asian [Read entire story]

Activist investor Sandell presses for Barnes & Noble sale: WSJ

(Reuters) - Activist investor Sandell Asset Management Corp wants Barnes & Noble to try to sell itself again, saying the bookstore chain will benefit from a new owner, the Wall Street Journal reported on Monday. [Read entire story]