History shows that successfully becoming a multinational bank operating in many countries is difficult.
The Reserve Bank of Australia left the benchmark cash rate at 2.0% on Tuesday.
The key economic news this week concerned what the United States Federal Reserve did with interest rates, and what the Reserve Bank of Australia is likely to do.
The cupboard is largely bare in terms of key domestic economic indicators or events until January 4. Still, the private sector credit or lending figures are released on New Year?s Eve.
One of the final obstacles in the way of a binding agreement at the Paris climate talks comes down to a simple number: 1.5.
Among the various interests at the Paris climate talks, it is arguably the voice of business that has emerged most clearly.
There are no economic statistics of note domestically from December 17 to January 6. So the coming week represents the last hurrah.
The last major Australian economic indicators for 2015 are released in the coming week. In Australia the focus will be on the labour market.
Arguably this is the last big week of economic data with economic growth and a Reserve Bank Board meeting in Australia and pivotal jobs data in the US.
Another busy week is in prospect with the quarterly business investment figures dominating the economic agenda.
After a busy fortnight, there are only a few economic or financial events to watch in Australia in the coming week.
Australia may be home to some of the world?s... More
There is a rapidly growing wealth divide... More
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If bond investors are correct, the flattening of the US yield curve implies the world is heading towards a deflationary trap of lower prices and stagnant economic growth over many years.
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