Wednesday 18th March 2020
Okay, it might not meet the technical definition of helicopter money, but President Trump is hoping to land $1,000 into the bank accounts of most Americans in the next two weeks. He gave the news at a press conference around the time that the UK’s Chancellor Rishi Sunak was promising extended loans to business and a three-month mortgage holiday for some. Phil Dobbie asks NAB’s Ray Attrill which approach will work best, with Ray suggesting that both approaches show governments are taking the threat to their economies seriously and changes are fast moving. Perhaps that’ll stabilise equity markets. Meanwhile the Aussie dollar has fallen below the post GFC low, not helped by the continuing argy-bargy over oil.
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Top 40 Business Tips #1: Change the World
There are two reasons why your business needs to change the world. First, if you aim for anything less, aren’t you accepting too much of a compromise?
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New trade hope, no smoking gun, more Brexit noise
US markets are less concern by impeachment than positive signs on US China trade. NAB’s Tapas Strickland on today’s Morning Call podcast.
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Where next for Vodafone and 3?
So where did Vodafone and Hutchison go wrong and will they fare any better as a combined entity? Telstra’s Deena Shiff, Internode’s Simon Hackett and analyst Paul Budde discuss the issue.
