Emilia Terzon
Business Reporter at ABC News (Australia)
@abcnews national biz reporter. DMs open or send me story tips [email protected]
Articles
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2 weeks ago |
abc.net.au | Stephen Letts |Stephanie Chalmers |Michael Janda |Luke Cooper |Emilia Terzon
The ASX 200 index plunged more than 6 per cent at the open before regaining some ground. But it was still the biggest one-day fall for local shares since COVID-19.
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2 weeks ago |
abc.net.au | Emilia Terzon
A number of Australian superannuation funds have been hit with suspected cyber attacks, with members of one fund losing at least $100,000 in retirement savings. Australian Super has been hit with 600 attempted cyber attacks in the past month, ABC News understands, with four members losing at least $100,000.
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2 weeks ago |
abc.net.au | Emilia Terzon
An interesting note just came out of CBA's currency team, whose morning briefings are always full of little bits of information. They have this note about the AUD/USD. AUD/USD traded as high as 0.6389, before unwinding some of the increase. AUD/USD is currently trading near 0.6320. AUD/USD is higher despite a huge 4.7% decline in the US S&P500. The VIX index, or so called ‘fear gauge’ is also up sharply to 29.26%. Lower US equities and a higher VIX almost always mean a lower AUD/USD.
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4 weeks ago |
rnz.co.nz | Kate Ainsworth |Emilia Terzon
By Kate Ainsworth and Emilia Terzon, ABCThe company confirmed the news on Wednesday, with administrators citing increasingly tough trading conditions in the Australian retail sector. Jeanswest entered administration in January 2020, but was rescued by Hong Kong business Harbour Guidance. Administrators from Pitcher Partners said the decision to close the brand came after five years of struggling to revive the company, with shoppers spending less due to the higher cost of living.
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4 weeks ago |
rnz.co.nz | Kate Ainsworth |Emilia Terzon
[author] By Kate Ainsworth and Emilia Terzon, ABCThe company confirmed the news on Wednesday, with administrators citing increasingly tough trading conditions in the Australian retail sector. Jeanswest entered administration in January 2020, but was rescued by Hong Kong business Harbour Guidance. Administrators from Pitcher Partners said the decision to close the brand came after five years of struggling to revive the company, with shoppers spending less due to the higher cost of living.
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