Forsyth Barr’s Aaron Ibbotson says global markets have largely powered through on the basis that the Strait of Hormuz will reopen ‘one way or the other’, while mega tech firms cull jobs.
Volpara is raising $A55 million to fund a Seattle business that will give it much better access to the US market.
The swing from a 3.2% drop in December was double expectations.
The economy is slowing but some regions continue to buck the trends.
Shares drop 2% after announcement.
Shoeshine: Shareholders have little choice but to hope a huge rights issue will rescue their company.
Market Outlook: RBA cut widely expected and Wall Street tumbles.
As small property investors walk away from investment properties in the newly regulated environment, better-financed long-term players will step in.
How do firms improve productivity by looking after their staff?
Entrepreneur series: 23-year-old Levi Fawcett’s online marketplace is taking off.