Day: June 17, 2020

Morning Headlines

Mint board ‘ignored graft advice’ The Perth Mint board ignored legal advice in late 2017 and chose not to refer some representatives of the refiner to the state’s corruption watchdog, according to insiders at...

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Oil slides on fresh virus outbreaks

Oil prices settled lower overnight on fuel demand worries due to an uptick in coronavirus cases, with emerging hotspots in China and the United States, and as US crude stocks grew again, taking commercial inventories to another...

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Gold holds on virus concerns, Fed outlook

Gold prices were little changed overnight, buoyed by concerns over a second coronavirus wave and expectations that the US Federal Reserve would maintain low interest rates in the near term, while a firm dollar put a lid on...

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Call for reform of $17m solar scheme

Moving to a flexible price for rooftop solar output will help alleviate pressure on the grid from increasing uptake of the panels, according to a new report, and could be used instead of subsidy schemes currently proposed.

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