Business

Budget's big bank levy could open the door for fintech lenders

Budget's big bank levy could open the door for fintech lenders

The budget was the first since the government was re-elected on a tiny majority past year. The housing must also be held as an investment for a minimum three years and be managed through a registered community housing provider. "There is clearly the potential for better days ahead", Mr Morrison said. On the government's move to hike the Medicare levy, he suggested the move would not cover the full cost of either the health system or the National Disability Insurance Scheme.


China and US reach agreement on beef, poultry, natural gas

China and US reach agreement on beef, poultry, natural gas

It's at least a $2.5 billion market that's being opened up for USA beef. But the deal raises questions for Australia. In turn, China will be able to send cooked poultry to the US once the two sides resolve "outstanding issues" - mostly related to concerns over safety and hygiene.



Ducks eager for a rematch

The Predators went all World War Z on their opponents, giving the Chicago Blackhawks and St. Louis Blues relentless doses of speed and skill, ultimately overwhelming their defenses. This is the playoffs. Nashville is +300 to win the Cup. "That's a good thing". The Ducks unquestionably have the better top-end talent. Finish off a playoff series when you get the chance, or you will nearly certainly regret not doing so.



Liberals hang on to win BC's first minority government in 65 years

But asked whether he believes his party's priorities more closely align with the NDP than Liberals, Weaver dodged the question, noting that he has meetings planned with the leaders of both parties. Notley supports the Kinder Morgan-led Trans Mountain development, a project that has faced blowback in some parts of B.C. Construction of the pipeline expansion is expected to begin in September.


Bank of England: interest rates may need to rise before late 2019

Bank of England: interest rates may need to rise before late 2019

Mr Carney said forecasts also assumed a "significant" pick-up in wage growth, due in part to business concerns over the Brexit process starting to ease. The Monetary Policy Committee voted 7-1 to keep rates on hold at a record low of 0.25%, in line with economists' expectations. "The economy is battling some significant headwinds at present, as higher inflation puts the squeeze on consumers' real incomes ahead of June's general election and the start of Brexit negotiations".


Ricketts: Nebraska will benefit from exporting beef to China

Ricketts: Nebraska will benefit from exporting beef to China

Nebraska Department of Agriculture International Trade Director Stan Garbacz will visit China next week to lobby for Nebraska beef. In one of the actions laid out under the agreement, by July 16, China agreed to issue guidelines that would allow USA -owned card payment services "to begin the licensing process".