Unless the treasurer and the expenditure review committee get serious about real savings in the MYEFO, the central bank could be forced to raise rates again.

#rastra-bank #inflation #australia

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One Nation claims West Australian branches have as many as 700 members

Australia & Pacific

1w ago

One Nation claims West Australian branches have as many as 700 members

Rod Caddies, the party’s state leader, says he is building a formidable campaign base in the federal election, including recruiting doctors and lawyers.

#caddies #australia #rod

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AI mania can’t survive higher interest rates

Technology

1w ago

AI mania can’t survive higher interest rates

The pool of available capital is more limited than it was in the booms of the 1990s and 2000s because this time, firms must compete with governments for money.

#interest-rates

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World News

1w ago

Not every Waterhouse picks a winner

David Waterhouse was on Tuesday seeking to protect a costs order he secured last month in the Villa Biscaya tree war.

#waterhouse #villa #biscaya

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The government can’t spend its way out of this one

Politics & Governance

1w ago

The government can’t spend its way out of this one

December’s savings package will have all the impact of trying to beat back a paddock blaze with a wet wheat bag.

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Private wealth firm Walker Lane adds new partner

Business & Economy

1w ago

Private wealth firm Walker Lane adds new partner

The deal, struck at about six-times earnings before interest, taxes, depreciation and amortisation, saw Vaughan paid 50-50 in cash and Walker Lane stock.

#walker-lane

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Weight-loss drug pills to go on sale in Australia by Christmas

Australia & Pacific

1w ago

Weight-loss drug pills to go on sale in Australia by Christmas

The Therapeutic Goods Administration has approved Novo Nordisk’s Wegovy pill, a move expected to dramatically increase the number of people taking GLP-1s.

#australia #christmas #therapeutic

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World News

1w ago

Jennifer Hewett

The treasurer and the RBA governor are telling very different stories on inflation. The latest rise in interest rates will test the reputations of both.

#rba #interest-rates #jennifer-hewett

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The last increase: market clings to hope of interest rate peak

Business & Economy

1w ago

The last increase: market clings to hope of interest rate peak

The Australian dollar fell and bonds rallied after the fifth rate rise this year. But a split vote has traders betting the central bank is done and dusted.

#rastra-bank #interest-rates #australia

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