Greens demand tougher property tax budget measures
Preliminary negotiations reportedly have commenced between the Albanese Government and the Greens over contentious property tax legislation.
Preliminary negotiations reportedly have commenced between the Albanese Government and the Greens over contentious property tax legislation.
Oceania Healthcare (ASX:OCA) reported a 20% rise in proforma underlying EBITDA to NZ$97.7 million for FY26.
ASIC has lodged an appeal with the Full Federal Court following the total dismissal of its disclosure and misleading conduct case against intelligence software provider Nuix (ASX:NXL).
Tripp Hornick, principal at Quince Street Strategy, said that the US allowed the mining and manufacturing of rare earth elements to be pushed overseas because investors felt it was too expensive and 'dirty' to back. Now, the US is facing the consequences of moving that supply chain process overseas, as the US and other world powers race to build a system that is not reliant on China for minerals that are key to national security.
Yann LeCun & JP Vert discuss artificial intelligence and LLMs, and how they can translate into the physical world in the future. The two talk about the new techniques and infrastructures that will need to be built, as well as where some of the physical AI components can be built. They speak with Roman Bostick on "The Close."
Gerber Kawasaki Wealth and Investment Management co-founder and CEO Ross Gerber sees a really exciting time for tech as space and AI converge. He speaks on "Bloomberg The Close."
Elon Musk's rocket, satellite and AI company is effectively basing its pitch for the biggest IPO in history on the idea that it can capture a huge share of the market from the likes of OpenAI, Anthropic PBC and Alphabet Inc.'s AI systems: technology that will eventually automate large swaths of white-collar and administrative work, creating a massive market for software that can perform digital tasks traditionally handled by humans. Nancy Tengler, Laffer Tengler Investments joins Bloomberg Businessweek Daily to discuss the flurry of IPO's.
Keir Starmer's 2024 landslide became a sinkhole in under two years. Bloomberg Originals explains how British politics collided with economic reality, fueling a revolving door of prime ministers.
Diane Swonk, Chief Economist at KPMG joins Scarlet Fu on "Bloomberg Markets." US mortgage rates surged this week to the highest level since August, threatening a spring selling season that was just starting to get a pulse. The average rate for 30-year fixed loans jumped to 6.51% from 6.36%, the biggest weekly increase since the end of March, Freddie Mac reported on Thursday.
Laura Champine, director of research, consumer sector head at Tabor Asset Management, joins Scarlet Fu on "Bloomberg Markets. Walmart warned rising fuel costs are squeezing the company's bottom line and could lead to higher prices for shoppers.
Alifia Doriwala, co-chief investment officer at RockCreek, joins Scarlet Fu on "Bloomberg Markets." A standoff between the US and Iran over key issues lifted oil prices, dragging down stocks and bonds on concern that a prolonged closure of the Strait of Hormuz could worsen energy disruptions and fuel inflation.
Bloomberg's Jack Ryan joins Scarlet Fu on "Bloomberg Markets." Gold declined on persistent concerns that elevated energy prices stemming from the ongoing Middle East conflict may force central banks to keep interest rates higher for longer.