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Asia News Agenda Tuesday

October 10, 2017 4:21 AM
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Asia News Agenda Tuesday

Strong business conditions in September are yet to benefit the wider economy but jobs growth looks positive, a NAB survey has found.

The Australian share market is steady after a quiet day of trade, with little movement among the major mining companies and banks.

French civil servants angered by Emmanuel Macron's plans to freeze their pay and eliminate 120,000 public jobs go on strike Tuesday, amplifying a revolt over the president's cost-cutting, pro-business agenda.

Britain's old one-pound coin is being phased out completely on Sunday but businesses complain they have been given too little time to switch to the new one and many are planning to defy the deadline.

The head of consumer relations at Westpac, George Frazis, says the banking industry's poor relationship with the public could damage Australia's prosperity.


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