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Economics

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
US inflation came in under expectations, signalling that the US Federal Reserve may cut interest rates sooner than expected.

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
Australia is now ranked second in the world in terms of wealth.

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
The government will inject an additional $6.3 million to curb the rapid withdrawal of banking services in the Pacific.

New lending for property investors up 30%

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
New housing lending unexpectedly fell in May, but data shows property investors are picking up the slack.

Job mobility falls for first time in three years

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
New data released by the Australian Bureau of Statistics revealed job mobility is back to around its pre-pandemic level.

ASX delistings outpacing new market entries

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
A new report from EQT has revealed ASX delistings outpaced new market entries last financial year.

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
The RBA board discussed the case to hike and hold the cash rate in June.

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
New data from the Australian Bureau of Statistics revealed Australians are stockpiling their wealth.

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
The Australian Bureau of Statistics has released the CPI indicator for May, showing an annual increase in inflation.

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
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.