Dutch Finance Minister Jeroen Dijsselbloem says there are concerns that large notes like the 500 euro note could be easily used for terrorism financing.

No recovery expected for Woolies

The latest financial reports from supermarket giants Woolworths and Coles are expected to show Woolie's market position continues to slip.
The conversation about tax reform is not broad enough as it does not address the funding issue, the Reserve Bank governor says.
The Star Entertainment Group plans to build another hotel tower at its Gold Coast property, lifting its total new investment there to around $850 million.

RBA governor's thoughts on economy

RBA governor Glenn Stevens has been asked about all things economic in his semi-annual appearance before a parliamentary committee.
Mitsubishi Heavy Industries, which is bidding to build Australia's new submarines, is willing to build them in Australia.
Corporations demanding lower taxes in Australia may be disappointed by the RBA's attitude that cutting company tax rates is no magic bullet.
Reserve Bank boss Glenn Stevens says he doesn't think Australia is having a serious conversation about how to pay for expensive government services.

Signs property market still strong

The housing market remains a key support for the economy, with a solid rise in home loans in December.
Suncorp chief executive Michael Cameron says the falling dollar has bumped up the cost of motor repairs in Australia.

Jobs growth despite weak capex: RBA

The economy is generating more jobs than expected despite apparent weakness in non-mining business investment, the RBA says.
Engineering and construction giant WorleyParsons has denied a media report that it is considering a rights share issue.
Fuel refiners and retailers have been able to widen their margins because they aren't facing enough market competition, the RBA says.
The Reserve Bank boss is happy that the booming Sydney and Melbourne property markets are taking "a breather".
The world's growth outlook is less rosy than six months ago but RBA boss Glenn Stevens says doom and gloom about a recession is overdone.

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