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Economics

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
The Reserve Bank left interest rates on hold at its August board meeting, signalling a 'near-term' cut is not on the agenda. But one major institution believes a November cut is on the cards.

Chalmers 'confident but not complacent' on economic prospects

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
The Treasurer said he is feeling confident about Australia's economic future but acknowledged the potential impact of global volatility.

Brookfield expands $1bn student accommodation portfolio

MATTHEW WAI  |  TUESDAY, 6 AUG 2024
Brookfield Asset Management is taking a 50% stake in Journal Student Living, which will oversee the operation of three purpose-built student accommodation (PBSA) sites across Melbourne and Brisbane.

Inflation rises but RBA hike not inevitable

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
The Consumer Price Index rose yet again in the June quarter, however experts say the RBA might not hike interest rates just yet.

CommSec names top state for economic performance

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
This was the third quarter in a row the state topped CommSec's State of the States report.

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
The Australian Securities and Investments Commission (ASIC) noted a significant increase in administration appointments than previous peaks in its annual insolvency data previously seen.

Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
Australia's ability to control inflation looks more challenging and intractable as there is a good chance the Reserve Bank of Australia (RBA) could increase interest rates in August, an economic expert says.

Investors brace for turbulence as Biden backs out

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
Investors are watching the US closely this week after President Joe Biden officially dropped out of the presidential race.

Household income buoyed by property investments: CBA

MATTHEW WAI  |  TUESDAY, 23 JUL 2024
Recent data from MCG Quantity Surveyors (MCG) also indicates better yields of said investment in specific areas.

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
While normally a low unemployment rate would be lauded, it's creating a sticky situation for the Reserve Bank.