Australians in the market for an electric BMW are the big winners from a new free trade deal with the EU, that will see the luxury car tax threshold for fuel-efficient cars raised to $120,000.
‘Someone with access to privileged information appears to have made hundreds of millions in profit by trading on a political secret before it became public.’
The Pilbara’s status as Australia’s economic powerhouse is under threat from rising union activity that ‘doesn’t help productivity’, the head of mining’s peak lobby group says.
The ASX is edging closer to a market correction as tens of billions of dollars were wiped off the Australian bourse in the opening minutes of trade on Monday.
Federal Climate Change and Energy Minister Chris Bowen confirmed fuel rationing has been reviewed by his department as more than 200 service stations ran out of petrol in NSW, Queensland and Victoria.
Fund members watching the war blast a hole in their savings have been urged to look through the chaos and refrain from snap investment decisions that could rob them of the benefits of a market rebound.