The local share market could lose ground at the open, with Wall Street closed and European stocks rising.
Cbus chair Wayne Swan will front a Senate committee to answer questions on delays to paying out death and disability insurance claims. Follow the day's financial news and insights from our specialist business reporters on our live blog.If you're reading this — congratulations! That means you're not about to click 'pay now' on one of the 17 online shopping carts you have open in your other tabs.got a front-row view of the sales mayhem, as an activewear label packed parcels after receiving 127,000 orders within five days of launching its sale.
Plus those "headline inflation" results were dragged lower by electricity subsidies and lower petrol prices . "Core inflation", which ignores those temporary factors, rose to 3.5% in October, which is still too high.Economists from some of the major banks are expecting the first rate cut to happen from May .It's been a bit of a quiet one overnight, with US markets closed for the Thanksgiving holiday. They'll be back online Friday US-time but with an early knock-off time, so it's pretty much a long weekend for them.