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australian economy has been incredibly resilient. one difference though between here and the us, the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real tdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? ....
widening probe. the mumbai. tell us more about this widening probe. widening probe. the issues can turn delicate widening probe. the issues can turn delicate concerned - widening probe. the issues can turn delicate concerned the - turn delicate concerned the payment division of the company which can keep deposits of up to $2400 but cannot lend to its customers and there at the central bank has cited persistent noncompliance and supervisory concerns. paytm has beenin supervisory concerns. paytm has been in regulatory cross hairs. there have been multiple warnings sent by the regulator to look into the dealings between the banking division as well as the popular payments app well as the popular payments app paytm. latest reports say theissues app paytm. latest reports say the issues include multiple transaction beyond regulatory limits, improper customer verification and even raising money laundering consent and violation of forex reels. experts say the harsh action co ....
comes our way. all the details later on in the programme. it s thursday the 13th ofjuly. our main story. junior doctors in england will begin a five day strike this morning, described by their union as the longest in nhs history, in a major escalation of their pay dispute with the government. downing street said the latest walkout by members of the british medical association would put patient safety at risk, while the union has urged ministers to follow the example of scotland and produce what it calls a credible offer. sophie hutchinson reports. picket lines are now a familiar sight outside hospitals in england. but the nhs has been bracing itself for today, the start of a marathon five day strike byjunior doctors. like at many hospitals, here at the royal berkshire, they know they ll be stretched. our focus is on patient safety. we will do everything we can to keep those patients safe. and in five days, we will find the cover and we will work however hard we need to work ....
the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real gdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? the australian economy s holding out well because consumers are still doing quite well, and with ....
a first image of the king since news of his cancer diagnosis was made public. being driven into buckingham palace with his wife queen camilla, after beginning his treatment in a london hospital. this afternoon, the couple headed by helicopter to the sandringham estate in norfolk, where the king will spend time resting in between treatment. it is a place those who work with him say he finds solace and happiness. before he left london, there was a family visitor to host. straight from the airport to see his father, the duke of sussex is back in the uk, flying in from his home in california. he spent around 45 minutes in clarence house with the king, who d phoned him to tell him of his cancer diagnosis. the father and son were last together in may for the king s coronation. the relationship has been strained in recent years but this may be a moment for a thaw. my sense is although this is a national institution, the royal family at its core is a familyjust like any other a ....