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Interest rate increase: The public needs to understand Australia's economic challenge - Vimarsana News

Interest rate increase: The public needs to understand Australia's economic challenge

Australia’s recovery is a solid one. But a search for villains or a culture of entitlement is no substitute for a shot of productivity growth.

Source: afr.com
Energy crisis LIVE updates: Higher power capacity won't lower electricity bills in short term, NSW Treasurer Matt Kean says - Vimarsana News

Energy crisis LIVE updates: Higher power capacity won't lower electricity bills in short term, NSW Treasurer Matt Kean says

WATCH LIVE: Anthony Albanese is holding a press conference; Mark Dreyfus said federal ICAC will be able to probe pork-barrelling. Follow updates here.

Source: afr.com
RBA to hike by 25bps tomorrow according to AFR Economics Editor - Vimarsana News

RBA to hike by 25bps tomorrow according to AFR Economics Editor

The RBA will hike by 25 basis points tomorrow, according to the Australian Financial Review's economics editor, John Kehoe, bringing the target overnight cash rate to 60bps. Kehoe further asserts that the RBA will continue in 25bps increments until it reaches 110bps in August, following which it will reassess....

Gas crisis 2022 LIVE updates: Gas price spike to stoke inflation, crimp growth - Vimarsana News

Gas crisis 2022 LIVE updates: Gas price spike to stoke inflation, crimp growth

Labor MP Bill Shorten said Australia will not take a “backward step” in protecting against China; Australia’s gas price crisis will stoke inflation and crimp economic growth if it drags on, according to a snap poll of economists. Follow updates here.

Source: afr.com
Australian Labor government cites economic "perfect storm" to demand austerity - Vimarsana News

Australian Labor government cites economic "perfect storm" to demand austerity

Labor’s sham election slogan of a “better future” has been quickly switched into one of an economic crisis that means that workers must accept “sacrifices.”

Source: wsws.org