Interest rates cut in deflation fight
NAB immediately said it would pass on the cut to borrowers. The Reserve Bank of Australia on Tuesday cut the cash rate to a record low of 1.75 per cent in a bid to head off falling prices and an economic downturn.The cut, the first in a year, came less than a week after a shock drop in core inflation to well below the central bank's 2 per cent to 3 per cent target band.Tuesday's historic interest rate reduction coincides with the federal government's third budget, which is expecte..>> view originalEels docked 12 NRL points, fined $1 million
The salary cap investigation into Parramatta is finally over, with the NRL handing down a 12 point penalty and a $1 million fine to the embattled club. Handing down the punishment: Todd Greenberg. Photo: Bradley KanarisThe salary cap investigation into Parramatta is finally over, with the NRL handing down a 12 point penalty and a $1 million fine to the embattled club.Five officials - club chairman Steve Sharp, deputy chairman Tom Issa, director Peter Serrao, CEO John Boulous and H..>> view originalFaustino Asprilla exclusive: Newcastle players don't care enough ...
Newcastle, who have two matches remaining this season, moved out of the relegation zone with a win over Crystal Palace over the weekend but if both Sunderland and Norwich City win their games in hand then the club will be back in the bottom three. Asprilla, who scored 12 goals for the club between 1996 and 1998, believes Rafa Benitez will keep Newcastle in the top flight – where they deserve to be. “Under Benitez we saw the team improve a bit,” he told..>> view originalTeacher was 'fearful'
A jury has been told a man bashed his former partner so savagely she was "unrecognisable" when her body was found. ON TRIAL: Real estate agent Ricardo Dasilva, accused of murdering his estranged fiance in the bedroom of her Central Coast home in May, 2010. RICARDO Francis Herman Dasilva beat his former partner so savagely she was left nearly unrecognisable before trying to burn her house down with her body inside, a jury has heard. GONE: Amanda Carter, a soccer referee and former ..>> view originalCity Deals can work in Newcastle
Has there ever been a more exciting time to live in a regional city? Has there ever been a more exciting time to live in a regional city?Prime Minister Malcolm Turnbull thinks not. Last Friday he announced the Commonwealth’s City Deals approach - new policy settings whose core goal is to direct infrastructure spending to projects that boost productivity, employment and economic growth.The first thing to know about City Deals is they don’t just apply to capital cities. In fact, Cit..>> view originalHunter Breakfast | Tuesday, May 3, 2016
Hunter weather: Chances of showers in Newcastle (24 degrees), partly sunny with chances of showers in Raymond Terrace (26 degrees), partly sunny with ...>> view original
Tuesday, May 3, 2016
Interest rates cut in deflation fight and other top stories.
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