澳洲新闻 (ABC新闻快递) 2015-04-19(在线收听) |
The Australian share market posted sharp falls weighed down by banks and mining stocks. The All Ords and the ASX 200 Index both lost 1.2%. The smaller oil producers were among the best performers. Iron Ore miners like Fortescue slumped. Nab was the worst of the big four banks. Telstra shed over 1%. Across the region, Japan’s Nikkei is pointing down. Markets in China continued to rise. The Australian dollar is a little lower against weakening greenback. There’s been no agreement on changes to the GST carve up at the COAG meeting. Tax reform is a crucial part of the budget repair process. Former RBA board member Professor Warwick McKibbin says the best approach would be to broaden the reach of the consumption tax and reduce income tax.
“There’s a case to be made in the comprehensive tax review for the base, for attempts that rate to be much higher and attempts that if the offset is to reduce income taxes and very highly distorting taxes, if the offset is to take the revenue and spend on a whole bunch of inefficient spending side programs, and again, there’s no base for raising the GST.”
Rio Tinto executives have told shareholders in London the firm strategy that helps drive iron ore price sharply lower is likely to continue. The AGM was held with the key iron ore price sitting at 50 US dollars a ton. Rio Tinto’s chief executive Sam Walsh told the AGM the global iron ore market is in transition with high-cost players being forced out. |
原文地址:http://www.tingroom.com/lesson/azabcxw/2015/310084.html |