Good morning, The Reserve Bank has warned that Australia faces the prospect of slower growth alongside higher inflation in the global trade conflict, as the Trump administration prepares to fire off its next round of tariffs. Meanwhile, the Coalition’s proposal to deliver gas from Queensland into Victoria for less than $10 a gigajoule is not sustainable in the long term due to pipeline constraints and the difficulty of redirecting LNG spot cargoes, new analysis shows. And investment bank Goldman Sachs believes Rio Tinto ditching its dual-listed structure may cost the miner billions of dollars more than previously estimated and reduce its ability to pay fully franked dividends to Australian shareholders. |