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The Latest Breaking News from GFC

Can-Am Teamed Up With MeatEater To Build The Perfect Hunting Side-by-Side

The folks at MeatEater and Can-Am have a long history together, but this new collaboration featuring a new Defender complete with a rooftop tent goes to the hunting moon. And copies RideApart's editor-in-chief's own UTV build.

RideApart

In a world going to hell, investors are flocking to gold. Australia could have had much more of it

A decision to sell two-thirds of Australia’s gold reserves in the 1990s is starting to look like a bad one as global uncertainty reigns

The Guardian - AU

Donald Trump’s war on statistics is an authoritarian attack on democracy and countries like Australia should call it out

Reality might be hanging on to the political debate for dear life, but this move threatens to fling it off the cliff

The Guardian - AU

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A new book makes the case for putting money supply at the center of the U.S. economy and re-empowering commercial banks

“Making Money Work” argues that policymakers should once again make banks the centerpiece of the financial ecosystem.

Fortune

Commercial real estate giant CBRE sees choppy waters ahead due to tariffs: ‘Our outlook has become less clear’

“Things went from really good to not as good,” CBRE chairman and chief executive Bob Sulentic said in an earnings call Thursday.

Fortune

Afternoon Update: Dutton investments under scrutiny; Nine’s profit tumbles; and aerial images reveal Bali’s transformation

Spokesperson for opposition leader says he was not privy to a government briefing on the GFC

The Guardian - AU

‘Let’s not forget the pain of the 2008 crisis in pursuit of growth,’ warns Andrew Bailey

Bank of England governor says there is ‘no trade-off’ between economic growth and financial stability

The Guardian - UK

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Bank of England chief cautions over cutting regulation post-financial crisis

Andrew Bailey insisted there was ‘no-trade off between economic growth and financial stability’ in a speech delivered in London on Tuesday.

The Independent UK

If crypto is incorporated into Australia’s financial system, we will be lucky to avoid contagious collapse

As soon as people decide that crypto is valueless, it will be – but in the next few years, exposure of traditional institutions will likely run into the hundreds of billions

The Guardian - AU

Rivian R1T Owners Can Finally Get A Proper Camper Topper

The Rivian R1 is the ultimate electric off-roader, at least for now. While we wait for the Scout Traveler, Jeep Recon and eventual electric Bronco to arrive, you can't do much better than the flagship Rivian R1T and R1S. They both boast solid ground clearance, trick hydraulic suspensions, underbody armor…

InsideEVs

Warren Buffett’s Berkshire Hathaway dumped $6.2 billion in Bank of America stock in under 2 months

"I think implicitly...you can make the case that [Buffett] thinks that there aren't that many great opportunities," Madison Investments' Toyama said.

Fortune

The Great Financial Crisis kick started the private credit boom, but SVB was its true 'watershed' moment, Sixth Street co-president says

Joshua Easterly, co-CIO and co-president of Sixth Street, said he realized after the GFC in 2009 that private credit was the next big thing.

Fortune

The brutal 2023 housing market was just like the 1980s—except with a little bit of Global Financial Crisis thrown in

Millennials face a housing market a lot like their parents experienced—with a dash of their early adulthood added, for good measure.

Fortune

Millennials led the consumer fintech revolution post-2008. Here’s why Gen Zers are about to do the same

The ground is shifting again–and it looks strikingly similar to the early 2010s.

Fortune

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Motor1

2024 Toyota Tacoma Gets Cool Camper Top Before It Even Reaches Dealers

It costs $7,700 and arrives next year.

Newsroom.co.nz

Builders’ plea to next government: Stop boom-bust cycle

After enduring decades of volatility, the head of Master Builders says it's time government became involved by committing to its own long-term pipeline of projects. Emma Hatton reports.

The Hindu

Government facilitation centre for EV sector to be launched in Coimbatore

TN Govt to launch GFC for EV sector in Coimbatore. 50% of vehicles made in TN sold. 4 companies investing in Chennai & beyond. GFCs for Vehicle Testing, Battery Cells & Telematics. Govt emphasising skilling & upskilling of employees. EV Summit organised by CII.

Newsroom.co.nz

History's bitter lesson: Interest rates hikes aren't over till they're over

The Reserve Bank has called a halt to interest rate rises. But pre-GFC pauses were followed by renewed hikes.

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Fortune

Billionaire investor Howard Marks looks back on 5 times he outwitted the market from 2000 to 2020—here are 3 key lessons he learned

Oaktree Capital Management founder Marks wrote a lengthy note on how he takes the market's "temperature" to decide where to invest next.

The Guardian - AU

The RBA review ignores the global failure of inflation management to prevent financial chaos

The New Daily

Alan Kohler: Don’t get too accustomed to low unemployment. Here’s why it won’t last

With unemployment now back at 3.5 per cent, workers seem to have regained their bargaining power – until technology takes it away again.

The Guardian - UK

What is happening in financial markets and could there be a global crisis?

Banking system is reeling from a series of shocks but is in better shape than at time of 2008 crash

ABC News

ASX gains after another US bank bailed out, Westpac tips RBA interest rate pause — as it happened

A group of major US banks is pledging to put $45 billion into First Republic bank, while Westpac now expects the RBA to hold fire next month despite Europe's central bank hiking rates.

The New Daily

Alan Kohler: The Fed broke something, so the rate hikes are finished

US rate hikes only ever have a gradual impact on households, while in Australia the effect on the household sector is dramatic and immediate.

The Conversation

Jim Chalmers lays out agenda for pursuit of 'values-based capitalism'

Treasurer Jim Chalmers has laid out an economic blueprint for pursuing “values-based capitalism”, involving public-private co-investment and collaboration and the renovation of key economic institutions and markets.

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