
Michael Janda
Business Editor at ABC News (Australia)
ABC business reporter https://t.co/knlFvfeWsH. Sydney Uni political economy & UTS law graduate. Views expressed are my own, not the ABC's.
Articles
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2 days ago |
abc.net.au | Michael Janda
There's been a breakthrough in the trade talks between the United States and China. The two countries have agreed to a 90-day pause in the implementation of tariffs on each other's imports. The world's two biggest economies had spent the weekend in Geneva trying to reach a deal.
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6 days ago |
abc.net.au | Michael Janda
The Bank of England met and decided to cut interest rates by a quarter of a percentage point to 4.25%, as was typically expected, although there were a wide range of views expressed at the policy committee meeting. "The vote was a surprise, though, with five members voting for a 25bp cut, two voting for a 50bp cut, and two voting to hold," noted Westpac's Imre Speizer. "Guidance remained that additional easing should be "gradual and careful".
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2 weeks ago |
abc.net.au | Michael Janda
Highlighting the profound effect Donald Trump's tariffs are having on the economy, even before they took effect, the US posted its biggest ever trade deficit in March, at $US162 billion ($253 billion). The result was driven by a record $US342.7 billion ($536.7 billion) of imports, as businesses raced to bring in goods ahead of Liberation Day — Donald Trump's tariff announcement on April 2.
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2 weeks ago |
abc.net.au | Michael Janda
It's rare to find anyone in the property sector willing to talk about falling prices, let alone labelling them a good thing. But in a devastatingly honest assessment of Australia's housing market, Cotality's head of research Eliza Owen does just that. Cotality, formerly known as CoreLogic, is one of the nation's leading providers of real estate data — including to agents, banks, mortgage brokers and valuers, as well as the media.
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1 month ago |
abc.net.au | Michael Janda
Asian markets, including Australia, are set for further turmoil today as they will be the first to react to the scheduled implementation of reciprocal tariffs this afternoon. While the blanket 10% minimum tariff on all imports into the US already took effect over the weekend, the larger tariffs of up to 50% on nations with whom the US runs a trade deficit will start being charged from 12:01am on April 9 US eastern time — currently 2:01pm AEST.
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Read this: https://t.co/54z5paGryR

As usual, @annabelcrabb absolutely on the money with her column https://t.co/KLqJyIirtU Read down for the discussion of how tax incentives have supercharged Ute Man.

Finally, a children's book that correctly explains that penguins only live in the Southern Hemisphere and DO NOT naturally coexist with polar bears. Thank you @donaldson_ju ! https://t.co/VnyOUrwVjG