12 Business Finance and Economics
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Bankrupt airline auctions off everything from plane seats to trolleys

Bankrupt airline auctions off everything from plane seats to trolleys | 12 Business Finance and Economics | Scoop.it
Bankrupt airline Air Berlin is selling its inventory in an attempt to pay off its unpaid bills.
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Apple shares dip on report of iPhone X production cut, wiping $17b from market value

Apple shares dip on report of iPhone X production cut, wiping $17b from market value | 12 Business Finance and Economics | Scoop.it
Japanese newspaper Nikkei has reported Apple is halving its production target for the new phone amid cooling demand.
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RBA Governor rules out rate rises as he blames employers for low wage growth

RBA Governor rules out rate rises as he blames employers for low wage growth | 12 Business Finance and Economics | Scoop.it
Reserve Bank governor Philip Lowe has pointed the finger at employers for Australia's extraordinarily low rate of wage growth, saying it means low interest rate
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Australia: a nation of cash-poor millionaires

Australia: a nation of cash-poor millionaires | 12 Business Finance and Economics | Scoop.it
The average Australian household now has more than a million dollars in net wealth. The trouble is we are becoming increasingly cash poor.
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Hot Domino's pay news burns chairman Jack Cowin

Hot Domino's pay news burns chairman Jack Cowin | 12 Business Finance and Economics | Scoop.it
News of Domino's pay bill rising by tens of millions a year came a bit late to the ASX, but it was certainly sizzling hot for chairman Jack Cowin whose stak
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Retailers have suffered worst two months since 2010 and it could affect the whole economy

Retailers have suffered worst two months since 2010 and it could affect the whole economy | 12 Business Finance and Economics | Scoop.it
Retailers have suffered their worst two months since 2010, and there is a growing view among economists that it reflects a broader pattern of consumers growin
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The best US share investment since 1926? Apple

The best US share investment since 1926? Apple | 12 Business Finance and Economics | Scoop.it
In the history of the markets since 1926, Apple has generated more profit for investors than any other US company.
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How iPhone prices suggest our dollar is too high

How iPhone prices suggest our dollar is too high | 12 Business Finance and Economics | Scoop.it
iPhones sold in Australia have been getting dearer over the past few years compared with other countries, CommSec's iPhone index shows.
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Is mortgage stress making your customers spend less?

Is mortgage stress making your customers spend less? | 12 Business Finance and Economics | Scoop.it
Small businesses are seeing a clampdown on non-discretionary spending.
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Not so awesome: Lego will slash 1400 jobs as profit dips, despite movie hits

Not so awesome: Lego will slash 1400 jobs as profit dips, despite movie hits | 12 Business Finance and Economics | Scoop.it
Lego had enlisted the help of Batman, Darth Vader and Harry Potter. Unfortunately, even that wasn't enough to turbocharge its profit.
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Statement by Philip Lowe, Governor: Monetary Policy Decision | Media Releases | RBA

Announcement that the Board decided to leave the cash rate unchanged at 1.50 per cent.
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SurfStitch calls in administrators

SurfStitch calls in administrators | 12 Business Finance and Economics | Scoop.it
The weight of two class actions, a legal dispute with a major shareholder and an investigation by the corporate cop have proved too much for troubled online sur
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Display 'stumble' sends profit tumbling at Reject Shop

Display 'stumble' sends profit tumbling at Reject Shop | 12 Business Finance and Economics | Scoop.it
The Reject Shop's result was in line with an update to the market in April, but that did not stop investors savaging the company.
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Taxi and ride-sharing passengers to be slugged levy for unnecessary 'bailout'

Taxi and ride-sharing passengers to be slugged levy for unnecessary 'bailout' | 12 Business Finance and Economics | Scoop.it
Taxi and ride-sharing passengers across NSW will be slugged a $1 levy for each trip they take from Thursday to fund a compensation package for the taxi industr
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Cup of sorrow: the brutal reality of Australia's franchise king

Cup of sorrow: the brutal reality of Australia's franchise king | 12 Business Finance and Economics | Scoop.it
Julia Banks will never forget the panic attacks. She still finds herself waking up in the middle of the night, heart pounding and mind racing from stress.
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Enough of the stuff: Tax break could fix affliction

Enough of the stuff: Tax break could fix affliction | 12 Business Finance and Economics | Scoop.it
We complain about the cost of it but most Australians are living more prosperous, even opulent lives than any generation before us. The problem is we can onl
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Sheik's $91 million loss shows money can't buy a Melbourne Cup win

Sheik's $91 million loss shows money can't buy a Melbourne Cup win | 12 Business Finance and Economics | Scoop.it
And all those mug punters tearing up their tickets in tears after the big race should spare a thought for the ultimate Cup tragic, Sheikh Mohammed bin Rashid A
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'Anaemic appetite': Apple, suppliers fall after report of lower iPhone 8 orders

'Anaemic appetite': Apple, suppliers fall after report of lower iPhone 8 orders | 12 Business Finance and Economics | Scoop.it
Shares of Apple and some of its suppliers fell on signs that demand for the new iPhone 8 models isn't as strong as anticipated while buyers await the release o
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The hidden cost of the tap-and-go boom

The hidden cost of the tap-and-go boom | 12 Business Finance and Economics | Scoop.it
Banks appear to be keeping some contactless payments more expensive than they need to be for retailers, raising questions about the extent of competition.
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It ain't me babe. RBA governor says it's not up to him to boost the economy

It ain't me babe. RBA governor says it's not up to him to boost the economy | 12 Business Finance and Economics | Scoop.it
Reserve Bank Governor Philip Lowe has handed over the baton of economic management, declaring there's not much more low interest rates can do to boost the economy.
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Toys 'R' Us files for bankruptcy; business as usual in Australian stores

Toys 'R' Us files for bankruptcy; business as usual in Australian stores | 12 Business Finance and Economics | Scoop.it
The Australian arm of global kids retailing giant Toys"R"Us insists local stores will trade as normal after its parent company filed fo
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Incomes dismal, wages flat and spending props up the economy. What could possibly go wrong?

Incomes dismal, wages flat and spending props up the economy. What could possibly go wrong? | 12 Business Finance and Economics | Scoop.it
GDP rebounded from a soft start to the year, so it's all good, right? Not really, because low wages growth means the household savings rate is now at its lowest level since the depths of the GFC, writes Stephen Letts.
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RBA leaves rates on hold at 1.5 per cent in September

RBA leaves rates on hold at 1.5 per cent in September | 12 Business Finance and Economics | Scoop.it
The Reserve Bank board has kept its cash rate on hold at a record low of 1.5 per cent for the 13th consecutive month, amid a host of signs that the economy i
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Pie maker Patties agrees to private equity takeover bid

Pie maker Patties agrees to private equity takeover bid | 12 Business Finance and Economics | Scoop.it
Patties Foods has agreed to a $230 million takeover bid from a private equity firm.
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Big W remains a Big Headache for Woolies

Big W remains a Big Headache for Woolies | 12 Business Finance and Economics | Scoop.it
How do you solve a problem like Big W? There is certainly one school of thought that says it's time to cut and run.
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