News

A lot of hot air has been around in the media recently around renewables, energy supply, and the economy. Today, Brickworks have dropped a clanger on the whole debate. The 108 year old Australian brick manufacturer released a statement today suggesting they might move manufacturing offshore.

A fearless girl has emerged on Wall Street in New York City on International Women’s Day. She stares down the rampaging bull, and symbolises the lack of gender diversity on corporate boards, and the pay gap of women in financial services.

Jeffrey Gundlach is talking about an “old school” Federal Reserve. The “Bond King” (as he is known), is in charge of $101b USD, and believes US economic data will see the Fed raise interest rates at their upcoming March 14-15 meeting. This is not a controversial view. Rather; the real issue is, is that he doesn’t expect it to end there.

Much has been said about the Fair Work Commission’s recommendations into cutting penalty rates on Sunday. The recommendations were not made lightly, with the final decision coming in the form of a 500 page review. Both major parties said they’d back the “independent umpire’s” decision… but this is fracturing that said truce. Aside from politicians needing courage, my comments are along economic lines.

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