Australian retail sales rebounded by more than expected in August as warmer weather brought forward spring spending after a midwinter slump.

According to the Australian Bureau of Statistics, retail sales rose 0.7 percent - beating out initial predictions of 0.4 percent.

HSBC chief economist Paul Bloxham says it's clear recent tax cuts have driven up consumer spending.

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Australian retail sales rebounded by more than expected in August as warmer weather brought forward spring spending after a midwinter slump.
According to the Australian Bureau of Statistics, retail sales rose 0.7 percent - beating out initial predictions of 0.4 percent.
HSBC chief economist Paul Bloxham says it's clear recent tax cuts have driven up consumer spending.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Paul Bloxham: HSBC chief economist on Australia's retail sales rebounding after winter downturn

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/bbc921ed-4371-4be8-8209-b1fc007a30c2/transcript

The funeral of former One Direction star Liam Payne will be held in a private ceremony in the Midlands, UK.

Payne died on October 16th after falling from a hotel balcony in  Buenos Aries.

UK correspondent Gavin Grey says Payne's former bandmates will make an appearance - but his family have kept the details private so the fans don't gatecrash. 

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The funeral of former One Direction star Liam Payne will be held in a private ceremony in the Midlands, UK.
Payne died on October 16th after falling from a hotel balcony in &nbsp;Buenos Aries.
UK correspondent Gavin Grey says Payne's former bandmates will make an appearance - but his family have kept the details private so the fans don't gatecrash.&nbsp;
LISTEN ABOVE

Gavin Grey: UK correspondent on Liam Payne's funeral ceremony

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/69dd1e9b-534c-4fa6-800f-b22e007fc6b8/transcript

More and more surgical procedures around the world are being carried out by trained robots.

The latest field to benefit from the use of robotic technology is orthopaedic surgery - an area with plenty of room for growth as the population ages.

Milford Asset Management analyst Deborah Lambie explains further.

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More and more surgical procedures around the world are being carried out by trained robots.
The latest field to benefit from the use of robotic technology is orthopaedic surgery - an area with plenty of room for growth as the population ages.
Milford Asset Management analyst Deborah Lambie explains further.
LISTEN ABOVE

Deborah Lambie: Milford Asset Management analyst on the rising popularity of robotic-assisted surgery

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/1a9f5ef9-6805-4dce-bf1f-b22e007cd6fc/transcript

A senior Reserve Bank official has taken aim at the big banks and accused them of stifling innovation and competition by underinvesting in technology.

Addressing delegates at a Payments NZ conference on Tuesday, the banking regulator’s director of money and cash, Ian Woolford, claimed there was a role for better regulation to push banks to keep up with their peers overseas.

But the banks have pushed back - with Westpac head Catherine McGrath saying regulations were holding the banks back.

NZ Herald Wellington business editor Jenee Tibshraeny unpacks the regulations impacting the banks.

LISTEN ABOVE

A senior Reserve Bank official has taken aim at the big banks and accused them of stifling innovation and competition by underinvesting in technology.
Addressing delegates at a Payments NZ conference on Tuesday, the banking regulator’s director of money and cash, Ian Woolford, claimed there was a role for better regulation to push banks to keep up with their peers overseas.
But the banks have pushed back - with Westpac head Catherine McGrath saying regulations were holding the banks back.
NZ Herald Wellington business editor Jenee Tibshraeny unpacks the regulations impacting the banks.
LISTEN ABOVE

Jenee Tibshraeny: NZ Herald Wellington business editor on the latest feud between the Reserve Bank and the banks

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/279029c0-e464-4e16-8dab-b22e007a2e7d/transcript

Paul Bloxham: HSBC chief economist on Australia's retail sales rebounding after winter downturn

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