RBA Cuts Interest Rate to 4.1%: What It Means
From www.ibtimes.co.uk: The Reserve Bank of Australia has reduced the official cash rate to 4.1% in a bid to balance inflation control with economic … read more
Economy
Reserve Bank lowers the cash rate to 4.1%
From www.rba.gov.au: The Reserve Bank of Australia has lowered the cash rate target to 4.10% as underlying inflation moderates, decreasing to 3.2% in late … read more
accounting tricks behind Dutton’s nuclear policy
From reneweconomy.com.au: Peter Dutton, leader of the Liberal-National Coalition, claims that a nuclear power system will result in electricity costs that are 44% lower … read more
Even The ‘well-off’ don’t even have financial security
From morningstar.com.au: Morningstar’s research reveals that even the well-off lack financial security, with 30% of satisfied individuals having inadequate emergency savings.
The study emphasizes … read more
Inflation and economic growth slowing
From www.aigroup.com.au: The Treasury forecasts Australian GDP growth will improve from 1.4% in 2023-2024 to 1.75% in 2024-2025 and reach 2.25% in 2025-2026, while … read more
Iron ore’s golden era ending?
From publicaccountant.com.au: Australia’s $1.2 trillion iron ore industry, fueled primarily by Chinese demand, faces challenges as China reaches peak demand and African competition emerges … read more
Businesses report weaker business conditions in January
From creditorwatch.com.au: Business conditions weakened in January primarily due to a significant decline in the mining sector, with overall conditions dropping from +6 to … read more
Why portfolio diversification is key
From www.moneymag.com.au: Investors should focus on portfolio diversification to navigate upcoming market challenges influenced by factors such as interest rate changes and global policy … read more
Economic uncertainty clouds business investment
From michaelwest.com.au: Businesses are postponing major project investments, with planned project values declining nearly three percent to $601 billion due to economic uncertainty, according … read more
trade wars and policy uncertainty
From www.aicd.com.au: US President Donald Trump announced a series of tariffs on imports from Canada, China, and Mexico, with a 25% tariff on shipments … read more
Business confidence survey reveals a more positive 12-month outlook
From creditorwatch.com.au: The NAB quarterly survey indicates that 34% of firms still report labour availability as a significant constraint, suggesting a stable job market … read more
Australia won’t escape Trump trade chaos
From www.aumanufacturing.com.au: Australia is likely to face economic repercussions due to the ongoing trade tensions initiated by US President Donald Trump, including potential tariffs … read more