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Australia politics: MP John Alexander could be forced to resign on dual citizenship

The latest update on the Australian political scene is that another MP is likely to be forced to step down, in the wake of Australia’s High Court ruling on citizenship.

Rumor mills are doing the rounds that the Liberal Party MP John Alexander may be forced to resign as he holds the dual citizenship (Britain).

Meanwhile, the Aussie is unfazed on the news, hovering near session tops of 0.7690.

Nikkei 225 leads the fall in Asian stocks, down over 1%

The stocks on the Asian bourses traded in a sea of red on the final trading day of the week, tracking the losses on Wall Street overnight, after the U
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RBA SOMP: Inflation forecasts lowered - Westpac

Bill Evans, Research Analyst at Westpac, notes that Reserve Bank of Australia has lowered its inflation forecasts in its Statement on Monetary Policy
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