Inflation dragon lurks despite government optimism, warn economists
Finance and investment news for Australian investors, their advisers and the financial services industry.
Source: investordaily.com.au
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RBA Interest-Rate Risks Frustrate Albanese's Reelection Plan
(Bloomberg) -- Australian Prime Minister Anthony Albanese faces a bumpy road to reelection with sticky inflation pushing back the timetable for interest-rate relief, raising the prospect of further financial stress for households about a year from the next ballot.Most Read from BloombergMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Said to Have Built ‘Large’ Stake in Buffett-Favored SumitomoBHP’s $39 Billion Copper Play Was Years in the MakingBlade to Offer Luxury Bus S
Source: yahoo.com
Federal budget 2024: Jim Chalmers' measures must 'help, not hinder' RBA's inflation challenge
With inflation still too high, more than a dozen top analysts have warned Treasurer Jim Chalmers that next month’s federal budget must be contractionary or neutral.
Source: afr.com
Interest rates: Reserve Bank could make Australia the last major advanced economy to cut rates as election looms for Anthony Albanese
Investors have delayed interest rate cut expectations to February next year – close to the federal election.
Source: afr.com
Portsmouth boy had 'egg-citing' time on White House lawn | EastBayRI.com - News, Opinion, Things to Do in the East Bay
PORTSMOUTH — It’s not every day you get to play on the White House lawn, but a local 6-year-old recently did just that. Nathan Kearns, a first-grader at St. Philomena School, got to …
Source: eastbayri.com