Articles for Orica

As it happened: Huge spike in uninsured home borrowers, Cbus execs apologise to senate inquiry, Orica boss upbeat on Trump 2.0
2 months ago

As it happened: Huge spike in uninsured home borrowers, Cbus execs apologise to senate inquiry, Orica boss upbeat on Trump 2.0

ABC  

We heard from consumer groups about the risks to individuals from having to drop their insurance coverage, but there's also some pretty worrying modelling on the risks to the banking sector from Sharanjit Paddam, an actuary and the principal of Finity Consulting. "Our latest figures show that 1.6 million households in Australia have unaffordable insurance, and we define that as …

Two major green hydrogen projects have hit the skids. Does it still have a future?
3 months, 1 week ago

Two major green hydrogen projects have hit the skids. Does it still have a future?

ABC  

They're falling like dominoes. Barely five months after the federal government committed more than $22 billion over 10 years to boost green hydrogen as an alternative fuel, two major projects have hit the skids. Origin boss Frank Calabria, while slamming the door on any future involvement in hydrogen, reiterated his belief that hydrogen "could" play a role in the country's …

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ASX suffers worst day in almost six months; Dow Jones falls 560 points as GameStop rebounds again
3 years, 10 months ago

ASX suffers worst day in almost six months; Dow Jones falls 560 points as GameStop rebounds again

ABC  

Australian shares have wiped out nearly all of this month's gains, following a tech sell-off on Wall Street — though "meme stocks" like GameStop defied the trend with another massive surge overnight. Key points: Despite today's losses, the ASX 200 has risen 1.3pc since the year began The Australian dollar hit a three-year high, before dropping sharply The Nasdaq suffered …

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Rate cut is a 50/50 bet as RBA gets ready to cut growth and inflation forecasts
5 years, 8 months ago

Rate cut is a 50/50 bet as RBA gets ready to cut growth and inflation forecasts

ABC  

It has been some time since "highly anticipated" and "Reserve Bank rates decision" have appeared anywhere in close proximity. In the betting ring of the professional punters of the futures market, the odds of a cut at the RBA's May meeting came in from a 10 per cent "roughy" to 70 per cent certainty. Helicopter money vs rate cuts With …

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