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Business Insider Select: Showpo's Jane Lu has delivered a masterclass in apologising for failure -- and all entrepreneurs can learn from it

Thursday, 31 May 2018

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Westpac says Australian home prices will fall for an 'extended period'

Low rental yields and prospective tax changes over negative gearing and capital gains are killing investor demand. 
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RBA's Ian Harper says if rates need to rise, 'who cares what's happening to house prices'

The RBA has kept interest rates steady since August 2016 despite weak inflation, sputtering economic growth and elevated unemployment.
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Four Australian universities have ranked in the top 100 in the world

Leading the way is the University of Melbourne at number 57. 
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After lending $1.2m to buy a pub, Bankwest said it was worth $250,000 before receivers sold it for $525,000

While the pub's operators were made to pay for the report, they were not given a copy, despite asking for it.
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This $700 Android phone is half the price of an iPhone X and just as good

It's one of the best and most affordable smartphones on the market. 
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Official data reveals the collapse in foreign investment activity in Australia's housing market

This reflects higher charges, tighter restrictions and the introduction of capital controls in China at the start of 2016.

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