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UPDATE: Australia faces a summer of financial strain as inflation surges, threatening traditional joys like backyard barbecues and beach outings. With food prices climbing...
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All posts tagged "Reserve Bank of Australia"
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UPDATE: Wage growth in Australia has shown signs of slowing, providing a potential reprieve for the Reserve Bank of Australia (RBA) amid rising inflation...
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URGENT UPDATE: The CEO of Commbank, Australia’s largest bank, has just announced that borrowers should brace themselves: no cuts to interest rates are expected...
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UPDATE: Australian home prices surged by 1.1% in October 2025, marking the fastest growth in over two years. This sharp increase adds over $10,000...
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UPDATE: The Reserve Bank of Australia (RBA) is set to announce its interest rate decision on Tuesday, October 3, 2023, with significant implications for...
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UPDATE: The Australian Securities Exchange (ASX) is poised for a significant surge on Monday, October 16, 2023, following a robust rally on Wall Street....
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URGENT UPDATE: Western Australian homeowners are experiencing a significant reduction in mortgage stress as interest rates fall, with the latest reports confirming a dramatic...
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UPDATE: The Reserve Bank of Australia (RBA) faces urgent scrutiny as Australia’s unemployment rate has surged to 4.5%—the highest in four years. This alarming...
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UPDATE: In a significant shift, Westpac Banking Corp has just announced that the Reserve Bank of Australia (RBA) may consider cutting interest rates as...
Business
Australia’s unemployment rate experienced an unexpected increase, rising from 4.3 percent to 4.5 percent in September 2023. This marks the highest level since November...
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UPDATE: Australia’s economy has surged by 3% in the third quarter of 2023, according to the latest report from the Australian Bureau of Statistics....
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UPDATE: Reserve Bank of Australia (RBA) Governor Michele Bullock has just signaled the possibility of interest rate cuts, describing current rates as “marginally tight.”...
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UPDATE: The possibility of an interest rate cut by the Reserve Bank of Australia (RBA) on Melbourne Cup Day, November 7, 2023, is rapidly...
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UPDATE: The Reserve Bank of Australia is poised to maintain interest rates at 3.6 percent following a crucial monetary policy meeting on Tuesday. This...
Business
On Tuesday, the Reserve Bank of Australia (RBA) is anticipated to announce its decision regarding the cash rate. Financial analysts expect the central bank...
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UPDATE: The Reserve Bank of Australia (RBA) has decisively rejected claims from the nation’s major banks that the removal of debit and credit card...
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URGENT UPDATE: The Reserve Bank of Australia (RBA) is under scrutiny as Governor Michele Bullock prepares to address the federal parliament’s economics committee on...
Business
Australian banks have expressed strong support for the proposed ban on debit and credit card surcharges, a move aimed at enhancing consumer experience. However,...
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UPDATE: Australia’s stronger-than-expected economic growth has raised alarms over the possibility of further interest rate cuts, according to Reserve Bank of Australia Governor Michele...
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URGENT UPDATE: Australia’s economic growth has accelerated to 1.8 percent, surpassing expectations and signaling a robust recovery. This development, confirmed by the Australian Bureau...
