The seven forces that will shape Australia's economy in 2023
The fallout from these colliding influences will have a large bearing on interest rates and ultimately determine if there will be recession or growth next year.
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The fallout from these colliding influences will have a large bearing on interest rates and ultimately determine if there will be recession or growth next year.
An important change in language by the Reserve Bank of Australia points to light at the end of the interest rate tightening tunnel.
The Australian dollar fell sharply and bonds rallied after the central bank paved the way for less aggressive monetary tightening.
The S&P/ASX 200 rose 0.06pc; NAB sees rates at 2.35pc by year-end; Dye & Durham considering walking away from Link deal, Bloomberg reports. Follow updates here.
(Bloomberg) -- Australian short-end bonds dropped to lead a reversal for global debt on Wednesday, after government data showed the hottest core inflation since 2009 spurred traders to bet the country’s central bank will make its largest interest-rate increase in two decades.