Good afternoon, The Reserve Bank won’t rush to cut rates despite Australia’s weak economic growth. Apart from the pandemic, annual GDP growth of 1.1 per cent for the March quarter was the worst since the recession of the early 1990s. Billionaire Businessman Clive Palmer is continuing to wage war against the corporate regulator’s former chair James Shipton, amid multiple ongoing court fights. Another major Sydney chemicals maker is set to close as the shockwaves from the collapse of Qenos reverberate through the manufacturing sector. |