Mercedes

May 2019


News

Millionaires are on the move and many are eyeing Australia

26 May 2019 | Phil Ruthven

For a growing number of millionaires across the globe, it's a case of take their money and run – to Australia. One in four millionaires in the world plans to emigrate this year and their top destination is Down Under, according to the latest wealth report by international property consultancy Knight Frank.


A bleak view of the future

23 May 2019 | The Economist

ARE millennials really different from preceding generations? Bartleby tends to be cynical about such claims, recalling how the youthful idealism of his own peers was tamed by parenthood and the need to pay the mortgage.


Economics

RBA will slash rates to 0.75 per cent this year: Westpac economist

26 May 2019 |

The Reserve Bank will go further than previously thought by cutting the cash rate not two, but three times before 2019 is over, according to a leading economist.


Salads, burgers and a cherry on top: GST food reforms canvassed at ATO

26 May 2019 | Adele Ferguson

The Australian Taxation Office believes the Morrison government should consider imposing the GST on a broader range of food such as pre-prepared salads and brioche hamburger buns to take into account new eating and packaging trends.


It's good the PM has God on his side, he may need all the assistance he can get

26 May 2019 | Ross Gittins

It’s always nice for the country to be led by someone who’s obviously got God on his side. When he prays for a miracle, he gets it. And the challenges facing the economy are such that Scott Morrison may need all the divine assistance he can summon.


No going back: The US-China trade war will change things forever

26 May 2019 | Mohamed A. El-Erian

The impact of the US-China trade spat is no longer limited to just the two countries.


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