Business conditions rosy but consumers 'very pessimistic'
Above-average trading conditions pushed measures of business confidence higher in August, but rate rises are dampening consumers’ willingness to spend money.
Source: afr.com
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Ground Breakers: Chile supply issues prop up copper as miners cop a belting
Ground Breakers: Chile supply issues prop up copper as miners cop a belting
Source: stockhead.com.au
Big four expect 50bps increase today
The official cash rate is expected to rise to 2. 35 per cent following today's RBA board meeting, according to major bank economists.
Source: mortgagebusiness.com.au
Inflation: Petrol prices, interest rates and pensions to rise as cost of living bites
The government has asked the ACCC to keep a close eye on petrol rices when prices rise by 25.3 cents a litre later this month.
Source: afr.com
RBA To Hike By Another Half-point In September, Slower Pace Of Tightening Ahead- Reuters Poll
Australia's central bank will raise the cash rate by another half-point on Tuesday to curb soaring inflation but will moderate the pace of hikes for the remainder of the year, a Reuters poll of
Source: ibtimes.com