The US dollar was helped overnight with surprisingly low jobless claims numbers in the US. NAB’s’S Gavin Friend says it points to a tightening labour market, which should, theoretically, keep the upward pressure on wages. Yet, we also saw production prices fall overnight. He also discusses, with Phil Dobbie, the Halloween Brextension, the US earnings season and what to keep an eye on today, including the RBA’s financial stability review.
-
Do poor people make the rich richer?
Karl Marx argued that the bourgeoisie got rich by creaming their wealth off the proletariat who did all the work. Was he right?
-
Bringing Mobile into Public Policy
Does the government’s approach to broadband needs to be updated to take into account the mobile opportunity?
-
The risk of reaching the last three percent
In the NBN plan, the most remote 3 percent of the population will be reached by satellite broadband. But launching satellites is a tricky business, will NBN Co pull it off?
