Markets

PODCAST: Weak wages, taxing the banks, and the Trump market slump

A bit of volatility returned to markets last week, triggered by mounting uncertainty over the future of Donald Trump’s presidency and his ability to deliver on his planned economic policies. Politics has undoubtedly become a more important force in global markets over the past year, and in Australia there have […]
PODCAST: Weak wages, taxing the banks, and the Trump market slump
Markets

Shares in Australia’s major banks got crushed today

Commonwealth Bank of Australia shares fell to their lowest level in more than a month as speculation mounted the federal budget would slap the nation’s biggest lenders with a new tax. CBA led its main rivals lower dropping 3.9% to $82.02 Tuesday compared with a 0.5% fall for the benchmark […]
Shares in Australia’s major banks got crushed today