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Australian Manufacturing Industry in Toughest Period in 50 Years: Survey - Vimarsana News

Australian Manufacturing Industry in Toughest Period in 50 Years: Survey

A new survey has indicated that Australian manufacturers are in the most turbulent period in 50 years due ...

Australia house prices: The property type defying the downturn, for now - Vimarsana News

Australia house prices: The property type defying the downturn, for now

Sydney and Melbourne may be in a property downturn, but some market segments are still seeing price growth.

RBA's faster rate rises to accelerate housing decline: ANZ - Vimarsana News

RBA's faster rate rises to accelerate housing decline: ANZ

Economists at the major bank have tipped that house prices will fall by around 15 per cent between April 2022 and December 2023.  

Consumer sentiment creeps towards recessionary levels - Vimarsana News

Consumer sentiment creeps towards recessionary levels

Rising inflation concerns and interest rate hikes have dragged borrower sentiment down towards historic lows, according to leading economists. The latest report by Westpac economists found consumer

Australian central bank chief warns of uncertainty over interest rate increase - Jammu Kashmir Latest News | Tourism - Vimarsana News

Australian central bank chief warns of uncertainty over interest rate increase - Jammu Kashmir Latest News | Tourism

Canberra, June 15: Governor of the Reserve Bank of Australia (RBA) Philip Lowe has warned that interest rates would continue to rise, and expected inflation to reach 7 percent by the end of the year. Speaking on national broadcaster ABC, Lowe said Australians must prepare for substantial increases for the rest of the year. “It’s unclear at the moment how far interest rates will need to go up to get that,” said Lowe. In May, the RBA lifted interest rates […]