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ANZ-Roy Morgan Consumer Confidence increased 1.7pts to 101.8pts as Omicron wave of COVID-19 continues to recede - Vimarsana News

ANZ-Roy Morgan Consumer Confidence increased 1.7pts to 101.8pts as Omicron wave of COVID-19 continues to recede

ANZ-Roy Morgan Consumer Confidence increased 1.7pts to 101.8 during the fourth week of January. Consumer Confidence is still a significant 10.3pts below the same week a year ago, January 30/31, 2021 (112.1) and is now just above the 2022 weekly average of 101.5.

Australian Cash Rate Remains Unchanged Amid Backdrop of Rising Inflation - Vimarsana News

Australian Cash Rate Remains Unchanged Amid Backdrop of Rising Inflation

The Reserve Bank of Australia (RBA) has decided to maintain the cash rate at 0.1 percent and end ...

Australian Manufacturing Hit by Supply Chain Disruptions - Vimarsana News

Australian Manufacturing Hit by Supply Chain Disruptions

Australian manufacturing activity contracted over the summer holiday period as the Omicron outbreak caused disruptions. Australian Industry Group’s ...

Australia to Scrap QE, Revise Up Inflation as Rate Debate Builds - Vimarsana News

Australia to Scrap QE, Revise Up Inflation as Rate Debate Builds

(Bloomberg) -- Australia’s central bank will jettison its 15 month-old quantitative easing program and revise up its inflation forecasts, setting the stage for an interest-rate hike in the third quarter, economists say. The Reserve Bank will keep its cash rate at 0.

Inflation edges higher, but RBA looking at wages - Vimarsana News

Inflation edges higher, but RBA looking at wages

Underlying inflation lifted 0.4 per cent in January to be 2.9 per cent higher through the year, according to the Melbourne Institute monthly inflation gauge.

Source: afr.com