Apart from earning $16 million before taxes and interest each year, the acquisition of Perisher offers a "terrific connection" between the resorts in Australia and the U.S., says Rob Katz, CEO of Vail Resorts.» Read More
Vasu Menon, vice president, Group Wealth Management at OCBC Bank, says factors such as a stronger U.S. dollar and a slowdown in China will weigh on the Australian dollar.
Sean Fenton, portfolio manager at Tribeca Investment Partners, explains why he remains cautious on Australia despite an upbeat gross domestic product for the first quarter.
Australia's economy grew faster than expected in the first quarter, but analysts were concerned about the quality of the data.
Joe Hockey, Treasurer of Australia, says the first-quarter gross domestic product confirms the presence of a "strong, broad-based momentum in the Australian economy."
David Bassanese, chief economist at BetaShares, says the quality of Australia's first-quarter gross domestic product isn't "fantastic" as consumer spending remained soft.
The RBA kept interest rates steady at a record low 2.0 percent, in line with expectations, but the Australian dollar still pushed higher.
Matthew Circosta, economist at Moody's Analytics, discusses the jump in the Australian dollar following the Reserve Bank of Australia's decision to stand pat on monetary policy Tuesday.
Annette Beacher, head of Economic Research at TD Securities and David Walker, senior analyst at StocksInValue.com.au, discuss their expectations for the Reserve Bank of Australia's policy decision and outline trading strategies.
Ben Jarman, senior economist at JP Morgan, says nothing has "materially happened" since the Reserve Bank of Australia's May meeting to bolster the case for another rate cut.
Investors should be a little bit nervous about the Australian dollar ahead of the central bank's meeting on Tuesday, says Sean Callow, senior currency strategist at Westpac.
Australia may be weighing allowing foreign airlines to offer domestic flights, but it isn't clear the skies down under are particularly attractive.
Robert Brierley, head of Research at Patersons Securities, says China's Baosteel could be interested to take up a stake in Fortescue Metals so as to secure future supplies.
Tom Albanese, CEO of Vedanta Resources, explains why the metals and mining conglomerate hopes to resume iron ore mining in the province of Goa.
Speculation about Chinese investments in Fortescue Metals reinforces the fact that the iron ore sector remains "very strategic," says Tom Albanese, CEO of Vedanta Resources.
Bill Marmion, Western Australian Minister for Mines and Petroleum, says China's decision to help bankroll a major expansion by Brazilian iron ore giant Vale is a "smart move."
Bill Marmion, Western Australian Minister for Mines and Petroleum, says he welcomes all foreign investments in Western Australia. He also explains why the government doesn't support an iron ore inquiry.
David Lennox, resources analyst at Fat Prophets, explains why the Australian government may be in favor of Chinese companies lifting their stakes in Fortescue Metals.
2015 marks the 60th anniversary of the infamous Eurovision Song Contest, in which Australia will be making a debut guest appearance.
Tim Schroeders, fund manager at Pengana Capital, explains why he agrees with the Australian government's decision to walk away from an inquiry into the country's iron ore sector.
Amanda Pelman, chair of Australia's Eurovision Jury, discusses whether Australia's Guy Sebastian could win the annual competition. She adds that the Eurovision Song Contest is seeing more diverse and professional talents.