Tag: Australian economy
Rising Inflation Threatens RBA’s Next Cash Rate Meeting
The eagerly-awaited quarterly inflation numbers to be published by the Australian Bureau of Statistics are poised to have a profound impact on the next cash[more...]
New Laws and Tax Brackets Kick in on July 1: What You Need to Know
As the 2024-25 financial year began on July 1, a series of new laws and regulations came into effect in Australia. These changes, including new[more...]
Australia’s Inflation Remains Steady Below Expectations
--- Australia's inflation remains steady below expectations, increasing pressure on the Reserve Bank to start cutting interest rates. Falling prices for various goods and services,[more...]
Australia’s Property Market, Unemployment Rate, and Stock Market: A Summary of Recent Economic Events
The Australian economy has been in the spotlight with various significant developments across the property market, employment sector, and stock market. Reports surfaced about a[more...]
Australian Inflation Drops to 4.3%, Lowest in Nearly Two Years: Economic Indicators Remain Mixed
The latest official data from the Australian Bureau of Statistics (ABS) has indicated that the annual inflation rate in Australia has reduced to 4.3%, the[more...]
Australia’s Economic Outlook for 2024
The year 2023 saw a significant rise in interest rates, sparking concerns about the impact on economic growth and employment. However, signs now suggest that[more...]
Australian Economy: Navigating the Year Ahead
Article: The Australian economy's journey in 2024 is predicted to be akin to the halves of a rugby match, with distinct economic landscapes in the[more...]
Australian CEOs Reckon on Inflation and Economic Outlook for 2024
Australian corporate leaders have provided insights into their perspectives on inflation and the 2024 economic outlook for the country. The recent Australian Financial Review's Chanticleer[more...]
NAB CEO Ross McEwan: Interest Rate Rise Likely, But Cycle Nearing Peak
National Australia Bank CEO Ross McEwan anticipates the possibility of one more interest rate increase in the next three months. However, McEwan believes that interest[more...]
Unlocking the Nexus: Retail Sales Surge Fuels Interest Rate Hike Speculation
In a surprising turn of events, Australia's retail sector has experienced an unforeseen surge in sales, leaving experts speculating on the Reserve Bank's next move.[more...]
