RWT earnings call for the period ending June 30, 2021.
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Reserve Bank says Australia’s house prices could pose ‘risk to financial stability’Michele Bullock says high level of debt could pose risks to economy in event of shock to household incomes or sharp decline in housing prices The growth in the housing market has led to Australia’s banks expanding their loan sheets, with homes accounting for about 60% of bank’s lending. Photograph: Andrew Merry/Getty Images
Pret A Manger’s boss has called the last fortnight in London “a bit of a turning point” in terms of trade bouncing back from the pandemic, and his firm is planning 200 more UK branch openings. Pano Christou added that the sandwich chain’s City shops are now trading at over 70% of their pre-pandemic levels, and a lot of that growth has come in the last few weeks. Improved sales will come as a relief after customer numbers plunged during the pandemic, with Pret A Manager permanently closing around 30 sites last year.
Embattled Chinese housing giant Evergrande said Wednesday it had agreed a deal with domestic bondholders that should allow the conglomerate to avoid default on one of its interest payments. Financial markets have tumbled over fears that the Chinese group could collapse, with the potential to derail the world's second-biggest economy.In a statement to the Shenzhen stock exchange, Evergrande's property unit Hengda said it had negotiated a plan to pay interest due on its 2025 bond, which Bloomberg
So long, summer. Hello, autumn.
Legalising cannabis is about the only thing Germany's Free Democrats (FDP) could easily agree with the centre-left Social Democrats and Greens, the FDP leader has said, sounding cool on the possibility of forming a so-called "traffic light" coalition. Christian Lindner wants his business-friendly FDP to be kingmakers after Germany's national election on Sunday, at which the future course of Europe's largest economy is at stake after 16 years of steady, centre-right leadership under Angela Merkel. Opinion polls show a coalition of the centre-left Social Democrats (SPD) and Greens with the FDP, dubbed a traffic light alliance due to their party colours of red, green and yellow, is a real arithmetical possibility after the election.
U.S. officials say many Haitian migrants camped in a small Texas border town are being released in the United States, undercutting the Biden administration’s public statements that Haitians who enter the country illegally face immediate expulsion
Victoria Covid hotspots: full list of Melbourne and regional Vic coronavirus exposure sites and trend in casesHere are the current coronavirus hotspots and Tier 1, 2 and 3 Covid-19 public exposure site locations in Victoria and Melbourne, and what to do if you’ve visited themVictoria’s Covid lockdown restrictions explainedVaccine rollout and rates tracker; Cases and data tracker5km and 10km from home map: check your travel radiusGet our free news app;get our morning email briefing Check the full
‘Everyone was nervous’: Victoria avoids serious damage after major earthquake rocks Melbourne. Seismologists believe 5.9 magnitude earthquake that hit Mansfield Wednesday morning is ‘probably largest in 175 to 200 years’
How green is your food? Eco-labels can change the way we eat, study showsWhile food labels are nothing new, a different type that calculates the environmental cost has had a surprising effect on consumers Researchers found the most effective way to get people to not buy an item was to use a dark red globe symbol with the word ‘worse’ printed on it. Photograph: Tiffany Cassidy/The Guardian
US will return to ‘full compliance’ if Iran does so, president says
In Vung Tau, just outside Ho Chi Minh city, streets are sealed and checkpoints are set up to control the movement of people. A coastal city with half a million people, Vung Tau was untouched by COVID-19 for most of the pandemic. The city's white sand beaches, which had been packed with tourists, were emptied and closed.
The inquest into the death of Yorkshire Ripper Peter Sutcliffe will begin on Wednesday September 22.
New NSW Covid lockdown restrictions: update to Sydney, regional NSW and Canberra, ACT coronavirus rules explained. Gladys Berejiklian has revealed a roadmap out of lockdown for the state, and an easing of restrictions for some parts of regional NSW. Here’s the full list of what you can and can’t do in NSW and the ACT
This is the terrifying moment a strong earthquake shook a popular snow resort in Australia as skiers were riding down its slopes on Wednesday morning. CCTV footage captured the skiers sliding on Mount Buller in Victoria when the magnitude 6.0 tremor struck on September 22. Some people further up the slope appeared to stop for a few seconds to wait out the shaking. Relieved staff at the sloped said there was no avalanches and guests were fine and back skiing. The earthquake struck near Mansfield town near Melbourne, Victoria at a depth of 10 kilometres shortly before 9:15 a.m. local time, Geoscience Australia said. The agency also recorded a magnitude 4.0 aftershock. Tremors from the strong quake were felt up to 800 kilometres away in Adelaide, South Australia. No casualties or serious injuries have been recorded so far, but some properties were reported damaged, including a burger restaurant that collapsed in Melbourne's South Yarra suburbs. Prime Minister Scott Morrison said: "We have had no reports of serious injuries, or worse, and that is very good news and we hope that good news will continue." The quake is the strongest to rock Australia since the magnitude 6.6 tremor that hit near the resort town of Broome in the Kimberley region last 2019.
The broadcast watchdog commissioned a survey looking at attitudes towards offensive language.
President Joe Biden is pushing well-off nations to do more to get the COVID-19 pandemic under control around the world as world leaders and health experts sound the alarm about the slow pace of global vaccinations
Specieswatch: the necklace ground beetle – an endangered and flightless friend to farmers. England is one of the last strongholds of this beautiful insect but it is at risk due to excessive pesticide use
New Zealand may not get back to having zero coronavirus cases in the community, the director general of health said on Thursday, as the country continues efforts to stamp out the infectious Delta variant of the virus. New Zealand eliminated COVID-19 last year and had been largely virus-free, barring a small number of cases in February, until the latest outbreak of the Delta variant erupted in August, prompting Prime Minister Jacinda Ardern to order a nationwide lockdown. "We may not get back to zero but the important thing is we are going to keep finding any infections and basically continue to contact trace, test and isolate people so that we stop the virus circulating in the community... that's the aim," Ashley Bloomfield, the director general of health told Radio New Zealand.
5.9 earthquake causes some damage in Australia, no injuriesView on euronews
Evergrande has a debt of £217bn that it has been unable to pay off raising concerns of a possible collapse