The central bank sees five horsemen on the horizon for Australia’s $4.8 trillion super sector. None of them are friendly.
Brad Jones, the Reserve Bank assistant governor who oversees the financial system, politely declined to talk about Melbourne Cup Day at The Australian Financial Review Super & Wealth Summit .
He didn’t want to predict which way the central bank’s rate call would go at 2.30pm on November 3 , and he didn’t have a tip for the great race, which will be run 30 minutes later.
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AI could increase spending faster than Australia can produce goods and services, potentially making inflation worse, the Reserve Bank has warned.
AI supporters believe it will improve our lives, end disease and give us more free time. But it could come at a financial cost.
The Norwegian world No 1 will be among 500 competitors in the 10-round contest of 15-minute games
Needing just one point from its final four games to claim the CSL crown, coach Aloisi's Chengdu Rongcheng loses every game and blows a 14-point lead in the run home.
‘There’s always a plan’, the PM has said in the past, about 2027. There will have to be.
