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Economics

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.

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.