The local share market loses ground, and major supermarket chains are grilled over why Tim Tams are cheaper in the UK than in Australia. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
The local share market loses ground in early trade after inflation and jobless claims data slightly eased expectations of a US rate cut.Follow the day's financial news and insights from our specialist business reporters on our live blog .I'll have more on the supermarkets soon but first - rates!0.60 percentage points for owner-occupiers, and up to 0.70 points for investors.
"They are multi-tenancy shopping centres so the timing of those is not within our control, it's within the developers," he said. "We will be one of many tenants." "We are waiting for the population to grow . Some are earmarked for sale, some are tenanted."here with you to take you through the rest of the day, we'll start with the Senate Select Committee on the cost of living.Tim Tams are cheaper in UK supermarkets., despite the 17,000km distance between the two countries.
Senator Hume said it was difficult to get every supplier to appear before the committee but noted it had previously questioned Nestlé, which had thrown responsibility for pricing at the supermarkets.
While these brands have installed new leadership to restore trust in these brands – this process is likely to take several years. "Crude surged as traders focussed on the risks surrounding Israel’s potential retaliation for the recent Iranian missile strikes as IDF Minister Gallant warned that the strikes 'will be deadly, precise and above all surprising'. Iran also warned that it is prepared to launch 'hundreds and thousands of missiles … and target security military and economic centres'," Westpac economist Jameson Coombs wrote in a note.
, which will investigate whether the likes of Bunnings, Petstock, Chemist Warehouse and Ikea have too much market power.
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