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| | | The Reserve Bank of Australia (RBA) released the minutes from its June board meeting at which it held interest rates steady, but confirmed it did consider the possibility of a hike. The minutes also confirmed the RBA is vigilant to the upside risks ... |
| | | | Australians and the Reserve Bank of Australia (RBA) will be feeling disappointed after the Australian Bureau of Statistics (ABS) released the CPI indicator or May showing an annual increase of 4%, up from 3.4% in February. Canstar group executive, financial ... |
| | | | New Zealand reported 0.2% GDP growth in the March quarter following two consecutive quarters of decline, putting to bed its technical recession for the meantime. The economy was buoyed by electricity, gas, water, and waste services; rental, hiring ... |
| | | | ... report it wants "greater legal clarity" to how advice fees are deducted from superannuation fund accounts. The Senate Economics Legislation Committee, led by chair senator Jess Walsh, tabled its final report today. The bill, Treasury Laws Amendment (Delivering ... |
| | | | The Reserve Bank of Australia (RBA) kept the official cash rate on hold at 4.35% in June but would not rule out another hike in the future. The RBA board noted that inflation had fallen substantially since its peak in 2022 but said recent federal and ... |
| | | | Stronger business and government investment, population growth and budget positions have seen Australia record its best international competitiveness ranking since 2011. The nation rose from 19th to 13th in the IMD World Competitiveness Yearbook 2024 ... |
| | | | ... little. But for the time being monetary policy remains in suspended animation." Commonwealth Bank head of Australian economics Gareth Aird also believes the RBA will keep interest rates unchanged this month. "The June board meeting comes in the wake ... |
| | | | ... investment positions at Oaktree Capital and Soros Funds Management, Manning brings over 25 years of experience in finance, economics and investment to the NRFC. She has extensive investment experience in Australia and overseas, including in New York ... |
| | | | Treasurer Jim Chalmers said at the Morgan Stanley Australia Summit in Sydney yesterday that a key goal of the Budget was to fight inflation in a way that doesn't damage an already weak economy. "... the primary focus of the Budget was to tackle inflation ... |
| | | | A raft of economic data came out from the US overnight with US Federal Reserve chair Jerome Powell indicating the US could cut interest rates at least once this year. A lower-than-expected May CPI print was encouraging, but the FOMC still kept its funds ... |
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