16 August, 2016 by The TZ Newswire Staff Comments Off on The world’s hottest luxury real estate market might surprise you
The world’s hottest luxury real estate market might surprise you
When one thinks of top cities for luxury real estate, places such as London, New York and Monaco come to mind.
16 August, 2016 by The TZ Newswire Staff Comments Off on NZD traders – BNZ says RBNZ to delay its next rate cut
NZD traders – BNZ says RBNZ to delay its next rate cut
Bank of New Zealand were expecting the next Reserve Bank of New Zealand rate cut in September
– then another in November
But they’ve shifted their expectation now to November and then February
16 August, 2016 by The TZ Newswire Staff Comments Off on Viacom, National Amusements resume settlement talks
Viacom, National Amusements resume settlement talks
Settlement talks between Viacom CEO Philippe Dauman and controlling shareholder Sumner Redstone have resumed after weeks of stops and starts.
16 August, 2016 by The TZ Newswire Staff Comments Off on Cisco Systems laying off about 14,000 employees
Cisco Systems laying off about 14,000 employees
Cisco is expected to announce big lay offs globally in coming weeks
14,000 staff, or around 20% of its 70,000 workforce
Reuters have more
Not good news
16 August, 2016 by The TZ Newswire Staff Comments Off on Obama Wants A Third Term And This Is How He Could Make It Happen
Obama Wants A Third Term And This Is How He Could Make It Happen
16 August, 2016 by The TZ Newswire Staff Comments Off on United Overseas Bank Trains Bankers on Alternative Finance as Partner OurCrowd Receives License in Singapore
United Overseas Bank Trains Bankers on Alternative Finance as Partner OurCrowd Receives License in Singapore
United Overseas Bank (UOB) is determined not to be just an observer in the Fintech revolution. UOB has recently begun conducting training sessions with over 100 bankers to update and educate them on alternative finance. UOB wants its management to be well-versed in the most… Read More
16 August, 2016 by The TZ Newswire Staff Comments Off on Australia – Wage price index for Q2: 0.5% q/q (expected 0.5%)
Australia – Wage price index for Q2: 0.5% q/q (expected 0.5%)
Second quarter Wage price index
0.5% q/q
– expected 0.5%, prior 0.4%
2.1% y/y
– expected 2%, prior 2.1%
The labour force has been growing in Australia. There has been (and its ongoing) a ‘transition’ from mining infrastructure investment to other sectors of growth. What this has meant for wages has been that highly paid mining investment related jobs have fallen, while other, lower paying, jobs have replaced them.