2018年1月1日 星期一

Good year for super funds tipped | Resources to drive M&A revival

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The Australian - The Australian Business Review AM
Dow Jones 24719.22 -0.48%  
S&P 500 2673.61 -0.52%  
Nasdaq 6903.39 -0.67%  
Brent Crude $66.62 +0.70%  
AUD/USD 78.10c +0.1%  
Iron Ore 72.9 per metric tonne +0.1%  
SPI Futures Index 6095 0  

Good morning readers. Here’s what is shaping today’s business landscape:

  • Government grants and falling demand could help first-home buyers get into the market this year as investors drop off.
  • The year in equities will go down as the fightback of the industrials, writes Business Review Editor Eric Johnston.
  • Former BlueScope chief Paul O'Malley forged a plan to keep the Port Kembla steelworks plant going, even as a glut of cheap Chinese steel flooded the market and saw many predict Kembla’s closing. Today, the company is now one of the world's most profitable steelmakers.

What to watch for:

In the US, markets were closed for New Year’s Day. Please note the above indices reflect the figures from Friday, when markets fell and the Dow Jones eased from record highs. Locally, the CoreLogic Home Value index is released. CBA and AiGroup release purchasing manager surveys.

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