australian economy has been incredibly resilient. one difference though between here and the us, the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real tdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? the a
authorities struggle to boost investor confidence which has been hit by an economic slowdown and a deepening crisis in the property sector. earlier i spoke to investment bank saxo and she told me investors want to see beijing implement long term structural reforms. it is not something that can offer that long term comfort to chinese investors or those who are actually looking for the stocks to get dirt cheap and make an entry into that market. these are measures that we have obviously seen in the past as well in the last few weeks, and all they really do is to try to put a float but it is not something that investors are excited about, the chinese market. i think investors are really waking waiting for some kind of structural reform there is just a whole message that has been coming out of the bureau meeting and the lack of details on when we are really going to see that third plan meeting which actually focuses on the structural side of the economy. those are really facto
the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real gdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? the australian economy s holding out well because consumers are still doing quite well, and with the r
regulators turned their attention to synonymous with the has become synonymous with the revolution. plus, we take a deep dive into the business environment in deep dive into the business environn politicaliailand,, ,, deep dive into the business environn political transition fractious political transition plays out. hey there, welcome to the asia business report. with me, hey there, welcome to the asia busine oi. eport. with me, hey there, welcome to the asia busine oi. we rt. with me, hey there, welcome to the asia busine oi. we begin h me, hey there, welcome to the asia busine oi. we begin in ne, hey there, welcome to the asia busine oi. we begin in the us mariko oi. we begin in the us regulators are taking aim at one of the most renowned names in the artificial intelligence base. chatgpt. the federal trade commission has opened an investigation, saying it is looking into whether the popular chat but hind consumers by publishing false information. the ceo of openai, the com
hello and welcome to public opening. there were crowds of people and the i public opening. there were i crowds of people and the then prince crowds of people and the then prince of asia business report. crowds of people and the then prince of wales who opened it. i m steve lai. and here prince of wales who opened it. we begin in china where, and here you are over the weekend, authorities have vowed to stabilise markets. prince of wales who opened it. and hers too. are prince of wales who opened it. and hen too. opened, too. it is wonderful it comes after another volatile what they session on friday that saw opened, too. it is wonderful what they have opened, too. it is wonderful shares dropping to their lowest what they have done. - level in five years. a series of government support what they have done. for more stories across measures have failed what they have done. for more stories across the what they have done. for more stories across the uk, - what they h