International stock markets reacted badly to the news that US house sales have plummeted to the lowest rate in a decade. The news has heightened simmering tension about the global economy and the possibility of recessions around the world. Sales of existing homes were down over 27% in July in the US, compared with the previous month.
Opinion
RIP: We are seeing the death of the family-run aged care operator
It feels like I am writing an obituary to family-run aged care facilities. Once the backbone of the sector, multi-generation operators are now selling out at a pace not seen before. The sell-off is accelerating, with three landmark deals in just two...
