Macquarie Fortress close to toppling
THE Macquarie Fortress Australia Notes Trust has reported a $35 million first-half loss and said there were doubts about its ability to remain a going concern. Reserve Bank lifts interest rates
Reserve Bank lifts interest rates by 0.25 per cent to 7.25 per cent and Australia's banks are expected to raise rates even further.
ASX : Stocks still down, but looking betterThe Australian stock market was down 0.5% at noon, but its mood was better than in previous days, according to analysts.Mixed end on Wall StUS shares pared losses as the euro, oil and gold hit new peaks and consumers slammed the brakes on car sales.Dollar gains on weak US dataDollar opens higher on the back of some weak US data and strong commodity prices overnight.
Malcolm Maiden: Malcolm Maiden
Batten down the hatches for winds to blow you away. CBD: CBD
Michael Evans prefers to zip around on his 1953 vintage billy cart.
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