$30 Billion To Be Wiped From Economy, Warns Chalmers
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July 28, 2022
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Jim Chalmers warned that the worst inflation figures since the introduction of the GST, combined with rising interest rates and global economic... Read More
BREAKING NEWS: Interest Rate Up 35 Basic Points
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May 3, 2022
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At its meeting today, the Resever Bank Board decided to increase the cash rate by 25 basis points to 35 basis points.... Read More
September Unemployment 5.2%, Forecast To Climb
Australia’s unemployment rate has reportedly remained steady at 5.2% easing pressure on the Reserve Bank of Australia, though forecasts predict this reprieve... Read More
August Unemployment 5.3% Despite Jobs Surge
Australia’s unemployment rate has exceeded economist expectations, notching 5.3% in August despite creating 34,700 new jobs – more than double the ~15,000... Read More
May Retail Sales Soft
Australian retail sales grew ever so slightly in May, with the expected (and then delivered) Reserve Bank interest rate cut being credited... Read More
