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The 10 most important things in the world right now

Wednesday, 13 June 2018

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The 10 most important things in the world right now

Hello! Here's what's happening on Wednesday. 
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PODCAST: CBA's Kristina Clifton on GDP, the outlook for the global economy, and volatility across emerging markets

Kristina Clifton, Senior Economist at the Commonwealth Bank is our guest this week. 
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Promising Australian startup Unlockd falls into administration, blaming Google for sinking its pending IPO

From a potential IPO to voluntary administration in the space of weeks.
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RBA Governor Philip Lowe believes one really big factor is holding back Australia's economy

When it comes to maintaining and building prosperity levels, many believe the solution can be found using just three words.
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The Kogan founders just 'reluctantly' sold 6 million shares in the company

They didn't reveal how much they were paid but at the current $7.625 price, the holding was worth $45.75 million.
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The remarkably simple case for an RBA rate cut

The performance of the Australian economy is a bit like my old report cards at school: "Doing reasonably well, but could do better".
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Robots could help Australia's banks cut 40,000 jobs over the next decade

Reducing staff costs will be a central feature of Australian banks' profit maintenance strategies over the coming years. 
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Toyota just sunk another $US1 billion into Asian ride-sharing giant Grab

It's the second major investment in ride-share giant by Toyota. 
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Australian companies are paying up to attract new workers

There's hope on the horizon for workers.
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Australia's ageing population is changing the nation's homes, with a boom in elevator installations

Australia's population is getting older, and it's changing how people are using their homes. 

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