The cost of the Queensland floods could amount to as much as 3 percent of GDP. Despite this, CEOs around the country are still bullish about the future.
The National Broadband Network Company’s attempt to backhaul all traffic to interconnect in seven state capitals was a huge example of scope creep. It took the firm well beyond the realm of offering last-mile access. Do we need to look out for more?
Bond yields have fallen slightly. NAB’s Tapas Strickland suggests it might be down to expectation of more moderate language from the Fed as they try and rein in the response to their recent hawkish stance. https://t.co/GYk7GkwF94