Australian Treasurer Joe Hockey is optimistic his second budget will restore confidence through tax cuts and a path back to surplus. Business groups aren’t so sure and say the central bank will need to keep an easing bias. Small businesses will gain a 1.5 percentage point tax cut and can instantly claim a deduction for …
Business Groups: Onus Back on RBA after Federal Budget Read More »
Australian Treasurer Joe Hockey has thrown $5 billion of tax relief at small business and farmers and given $4.4 billion in support for families to stimulate the economy and kickstart the coalition’s electoral hopes. “This is a budget that unleashes our nation’s potential,” the Treasurer declared as he delivered his second budget on Tuesday. A …
Consumer confidence rose last week after the Reserve Bank of Australia cut the official cash rate to a new historic low. Confidence jumped 1.7 per cent in the week ending May 10, after falling 2.8 the previous week, ANZ/Roy Morgan’s consumer confidence barometer found. ANZ chief economist Warren Hogan said the RBA’s decision to cut …
Recently I was interviewed by Aaron Fifield from chatwithtraders.com … Aaron and I have both received some great feedback on the interview, including this one: “Great interview. Thank you Stuart and Aaron. I can’t believe people start trading, A. without a trading plan, and B. thinking they will be profitable in a short period of …
Great Feedback on my Interview with ‘Chat with Traders’ Read More »
