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Economics

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
The Wage Price Index rose 0.8% in the September quarter and 3.5% for the year, according to the Australian Bureau of Statistics.

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Commonwealth Bank chief executive Matt Comyn said the latest round of tax cuts have helped mortgage holders boost their buffer.

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
Federal Reserve chair Jerome Powell said he would refuse to step down if President-elect Donald Trump calls for it.

Trump tariffs cause for concern among Australian investors

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
Higher global inflation and the knock-on effect from President-elect Donald Trump's proposed trade tariffs are causing concern for Australian investors.

US election: Global investors fear inflation boom

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
If President-elect Donald Trump does what he has said he will do, inflation could soar the world over - impacting the global economy and fixed income.

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
The Reserve Bank of Australia left interest rates unchanged at the November meeting, and experts are saying they will likely stay that way for some time yet.

Commonwealth Bank finally relents on interest rate call

ELIZA BAVIN  |  THURSDAY, 31 OCT 2024
Commonwealth Bank was one of the last holding out hope for an interest rate cut in 2024, but yesterday's CPI data finally put the nail in the coffin.

Inflation falls within RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
Despite inflation falling to within the Reserve Bank's target range, experts say there is still no rate cut on the horizon. Here's why.

Australia a top destination for international investment: QIC

ELIZA BAVIN  |  MONDAY, 28 OCT 2024
QIC analysed 196 countries to name the top locations for international investment, with Australia ranking in the top 10.

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and strengthen regional security. But is it all it's cracked ...