Bloomberg Home-loan providers in Australia are selling mortgage bonds at the slowest pace in four years, flocking instead to cheaper debt that doesn’t require collateral. Just A$14.8 billion ($11 billion) of new residential mortgage-backed securities have been issued so far in 2016 by banks and other housing lenders, 36 percent less than at this stage last year, data compiled ...

  Bloomberg The country’s proposed national minimum wage amounts to 20 rand per hour and brings South Africa a step closer to tackling poverty, inequality and unemployment, South African Deputy President Cyril Ramaphosa said to reporters in Johannesburg on Sunday. “It is by no means the final figure of what the national minimum wage is going to be,” Ramaphosa said. ...

  Before President-elect Donald Trump brings in the bulldozers to “drain the swamp” in Washington, I hope he will consider the career achievements of two people who embody the nation’s tradition of bipartisan foreign policy leadership, Zbigniew Brzezinski and Brent Scowcroft. The two former national security advisers came from vastly different worlds to join in constructing the foreign policy tradition ...