It's time for RBA guv Glenn Stevens' last call. The Black Swans are out and we're close to a new iPhone. And in break-in news overnight, Sydney's rich people are massive shoplifters.
With US markets largely absent for Labor Day it was left to Russian President Vladimir Putin and the Saudis to spice up trade overnight with the announcement of a compact to work together on oil production.
The Australian dollar had a quiet session overnight, briefly popping above the US 76 cent level before reversing lower amid low-volume, holiday-impacted trade.
It's been a year since Larry Page launched his new master-plan to change the world, creating a parent company called Alphabet that overhauled the structure of Google.
The Goldman Sachs Australian economics team, lead by chief economist Tim Toohey, says that after eight years, the global economy is finally following the United States out of the pernicious debt deflation cycle.
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