Banks' low equity mortgage lending is surging, raising the question of how far can it rise before the Reserve Bank gets uncomfortable?

Shelley Marshall argues Meta’s US$18 billion settlement echoes past tobacco lawsuits, including how they avoided harsh penalties

US jobs growth claims face sceptical markets; supply chain pressure rises; Canadian jobs retreat; Japan household spending weak; global food prices rise; Aussies take more secondary jobs; UST 10yr at 4.78%; gold and oil dip NZ$1 = 58.8 USc; TWI-5 = 62.1

Mohamed El-Erian finds that while diffusion of AI has been very broad, it has been shallow. Because it has yet to penetrate deeply into workflows, much of its productivity potential remains untapped - just as opposition to data centers grows