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Business Insider Select: Showpo's Jane Lu has delivered a masterclass in apologising for failure -- and all entrepreneurs can learn from it

Thursday 31 May 2018

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Westpac says Australian home prices will fall for an 'extended period'

Low rental yields and prospective tax changes over negative gearing and capital gains are killing investor demand. 
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RBA's Ian Harper says if rates need to rise, 'who cares what's happening to house prices'

The RBA has kept interest rates steady since August 2016 despite weak inflation, sputtering economic growth and elevated unemployment.
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Four Australian universities have ranked in the top 100 in the world

Leading the way is the University of Melbourne at number 57. 
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After lending $1.2m to buy a pub, Bankwest said it was worth $250,000 before receivers sold it for $525,000

While the pub's operators were made to pay for the report, they were not given a copy, despite asking for it.
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This $700 Android phone is half the price of an iPhone X and just as good

It's one of the best and most affordable smartphones on the market. 
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Official data reveals the collapse in foreign investment activity in Australia's housing market

This reflects higher charges, tighter restrictions and the introduction of capital controls in China at the start of 2016.
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10 things you need to know this morning in Australia

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10 things you need to know this morning in Australia

Good morning. Here's your smart, fast start to the day.
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6 things Australian traders will be talking about this morning

The euro couldn't hold above $US1.17 despite a solid print for Eurozone inflation. And the Canadian dollar lost ground while the AUD held steady.
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IT'S A TRADE WAR: Europe, Mexico, and Canada retaliate against Trump's steel and aluminium tariffs

Trump announced that the EU, Canada, and Mexico would soon be subject to steel and aluminium tariffs. The decision angered the three key trading partners.
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Italy's political crisis is developing rapidly -- here's how things have changed this week

Italy's political crisis has calmed somewhat since it's rapid escalation at the beginning of the week. The prospect of a coalition government between the Five Star Movement and the Lega Nord is seemingly back on the table.
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AccorHotels buys Mantra Group for $1.2 billion

The deal will see Mantra, which has 138 hotels in Australia, New Zealand, Hawaii and Bali, and brands such as Peppers, BreakFree and Art Series, delisted from the ASX.
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Google Australia's boss just warned that Australia needs to 'speed up' on AI or miss out on a $2.2 trillion boom

While many worry that this robot revolution will cause job redundancies, Jason Pellegrino says it will simply change the way we work, and it's a train Australia can't afford to miss.
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This teenage tech prodigy tells us he can fix Bitcoin's energy consumption problem

Álex Sicart was coding at 10, had created his first app at 13, and was chosen by Forbes as one of their most influential young Europeans under 30 in 2017.
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