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What the future holds for Domino’s

What the future holds for Domino’s

THERE are drastic changes coming to Domino’s, including a radical menu overhaul but the changes they’re planning have little to do with pizza.   Domino’s came to Australia way back in 1983 and after almost 35 years of pretty much sticking to the pizza area of the fast food market, it’s decided to come for everyone […]

Qantas shares soar to record high

Qantas shares soar to record high

Qantas shares have hit a new high after US investment bank Goldman Sachs upgraded its rating on the airline.  Qantas shares gained 3.5 per cent to hit $6.15 today after Goldman upgraded its rating on the stock from neutral to buy.  After four years of “negligible growth”, Goldman analysts tip a resurrection in domestic travel […]

RBA holds rates steady at 1.5%

RBA holds rates steady at 1.5%

The RBA has kept rates steady at their historical low of 1.5 per cent, as widely expected, while offering little to encourage talk the central bank will hike in 2018. Reserve Bank governor Philip Lowe continued to strike an upbeat tone on the state of the local economy, but warned that wage growth and inflation […]

Real-time payments to be launched early next Year

Real-time payments to be launched early next Year

A new payments systems is “on track” to be able to deliver real time bank transfers and the ability to ditch BSB numbers from Australia Day.  While most people take a break over summer, banks will be putting the finishing touches on the biggest overhaul in the payments system in years. removal of ATM fees Treasurer Scott Morrison […]

Myer’s share price hit an all-time low after analysts downgrade

Myer’s share price hit an all-time low after analysts downgrade

Myer investors have punished the department store and pushed its share price to an all-time low after analysts downgraded the stock following its weak full-year results.  The company on Thursday revealed its full-year profit slumped 80 per cent to $11.9 million in 2017, driven by a $38.8 million writedown to the value of fashion brand […]

Cloudy days ahead for Macquarie as high levels debt and global pressures are stifling shareholders

Cloudy days ahead for Macquarie as high levels debt and global pressures are stifling shareholders

Macquarie Group, the world’s largest infrastructure manager, could be forced into a fire sale of ­assets as it comes under pressure from rising interest rates, high levels of debt and stalled earnings, according to Citi. Despite booking a record $2.2 billion profit last year, Macquarie’s earnings have been coming under increasing pressure.  The growth in profit […]

Bitcoin’s price drops after report China may shut down exchanges

Bitcoin’s price drops after report China may shut down exchanges

The price of bitcoin fell sharply after a report China’s regulators are planning a further crackdown on the digital currency. Bitcoin and altcoins have dropped up to 25% in hours after rumors surfaced. Local outlet Caixin is reporting the Asian country is planning to shut down local bitcoin exchanges, according to a Google translation.  Bitcoin’s price fell 7 percent […]

Australian dollar hits high of US 80 cent

Australian dollar hits high of US 80 cent

THE Australian dollar is sharply up against its US counterpart and well above the 80 US cent mark for the first time in a while.  The Australian dollar has surged against a weaker US dollar following a meeting of the European Central Bank.  The benchmark S&P/ASX200 index was down 0.24 per cent at 5,676.1 points […]

Bullishness on China sends copper soaring

Bullishness on China sends copper soaring

Copper’s many applications have made the metal a widely checked barometer of economic health.  TOKYO — Copper prices have surged in recent weeks amid growing optimism about the economic outlook for China and the world, but some warn that the rise has outstripped real demand and a correction could be in the offing.  A rally […]

Fastbrick Robotics Wins National Innovation Awards

Fastbrick Robotics Wins National Innovation Awards

Fastbrick Robotics Limited  (ASX:FBR) are the winner of two National Innovation Awards at the iAwards, the premier technology awards platform in Australia.  Announced as winner of the “Industrial and Primary Industries” category.   Awarded the National “Inspiration of the Year Award” sponsored by the Victorian Government.   Now eligible for the Asia Pacific ICT Alliance (APICTA) Awards […]