Call us on 1300 794 893

Business News

5 things you need to know today

| More

Published on: Monday, May 06, 2019

1. With the election 12 days away, the latest Newspoll published by The Australian puts Labor ahead of the Coalition 51-49 in the two-party-preferred vote, unchanged since the last poll a week ago. Labor's primary vote fell one point to 36% while the Coalition remains on 38%.

2. An Ipsos poll published by The Sydney Morning Herald and The Age puts Labor slightly further ahead, leading the Coaltion 52% to 48% in the two-party-preferred vote. Labor had a primary vote of 33% in the Ipsos poll compared to the Coalition's 36%.

3. Westpac reported a 22% fall in cash profit to $3.296 billion for the half-year to March 31st. The bank said it would maintain its dividend at 94 cents fully franked.

4. Despite reports of progress in trade negotiations between the US and China, President Donald Trump has announced an increase in tariffs on US$200 billion worth of goods from China. Trump tweeted that the tariffs would increase from 10% to 25% on Friday, and a further US$325 billion of Chinese goods would be subject to 25% tariffs in the near future.

5. British Prime Minister Theresa May has publicly called on Jeremy Corbyn, the leader of the Labour Party, to support a cross-party Brexit plan. "Let's do a deal," May wrote in the Mail on Sunday.


New on Switzer

blog comments powered by Disqus

  THE SWITZER FEED
Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300 Pixel_admin_thumb_300x300