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| | | The Reserve Bank of Australia (RBA) board increased the cash rate target by 25 basis points to 2.6%, driving domestic markets higher. Committed to returning inflation to the 2-3% range over time, the board affirmed that yesterday's increase in interest ... |
| | | | For a fifth consecutive month, the Reserve Bank of Australia (RBA) is expected to lift its rates, according to experts from T.Rowe Price, HSBC, and Janus Henderson. "Last month, we predicted the RBA would again hike 50 basis points (bps) at the October ... |
| | | | Consumer confidence has increased to its highest level in nearly four months, according to Roy Morgan. While still significantly down from the same week a year ago, the ANZ Roy Morgan Index shows consumer confidence rose by 1.8 points to 87.8 this week. ... |
| | | | ... pipeline of M&A opportunities before us." "We plan to continue to focus on deploying capital on deals with attractive economics, steady cash flow and significant growth potential and optimizing them to drive additional shareholder value." Today, at the ... |
| | | | At least for the next few months while central banks are raising rates, expect the volatility we've seen in share markets, currencies and fixed income to remain in play, warned AMP senior economist Diana Mousina at the Association of Financial Advisers' ... |
| | | | The Federal Reserve has raised benchmark interest rates by another 0.75% and warned of further significant hikes to come. The Fed's funds rate is now in the range of 3%-3.25%, which is the highest it's been since before the Global Financial Crisis. ... |
| | | | Reserve Bank of Australia (RBA) governor Phillip Lowe has said the board will do what's necessary to ensure inflation in Australia returns to target. At its meeting yesterday, the board increased the cash rate target by 50 basis points to 2.35%. "The ... |
| | | | Australian workers' financial stress has risen sharply, costing the economy $67 billion in lost productivity annually. According to AMP's 2022 Financial Wellness report, stress is higher than ever, almost doubling over the past two years. "The ... |
| | | | ... 2.35%. Though, 69% of those surveyed expect the RBA to hold the cash rate in October. Macquarie University professor of economics Jeffrey Sheen said: "There are signs that supply constraints are easing and that inflation will soon begin to moderate. ... |
| | | | While a third of men in Australia experienced a boost in their annual income during COVID, just one in four women saw an increase, according to new research from Equipsuper. The results of Equip's survey also reveal that a larger proportion of men ... |
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