Australian Budget 15-16 – Brace yourself.

Treasurer Joe Hockey has introduced a few new measures that seem rather extraordinary. But here is how it will pan out and the greatest disappointments within. ‘Netflix’ Tax: It is like all taxes a tax to consumer. GST is to be charged by all overseas companies who sell digital products and services. This is to […]

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The Aussie is getting culled – what is next?

The AUD has been under pressure to move below the .75 mark versus the USD but has resisted so far to stay below. Bankers and Investors are speculating again that the RBA and chief Glenn Stevens have to make the move given declining yield curves to reduce interest rate lower. Minister Joe Hockey has also […]

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AUD in more pain ahead

The AUDUSD is finally trading well below the $.90 and the Joe Hockey and Glenn Stevens are happy.

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