Why the RBA must pull the trigger on a November rate rise
Sticky inflation and abysmal productivity mean Michele Bullock has to make a hard choice to secure our economic prosperity.
afr.com • Primary: Business & Economy • English
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Sticky inflation and abysmal productivity mean Michele Bullock has to make a hard choice to secure our economic prosperity.
The underlying rate accelerated to 3.7 per cent in the September quarter, higher than both the market’s and the central bank’s forecasts.
Judge Cameron Moore said Star’s proposed penalty of $100 million was too low, and AUSTRAC’s proposal of $400 million was too high.
Jarden alleges two of its former senior bankers disclosed confidential client information to a rival, escalating an increasingly bitter legal dispute.
The LIT, set up with a six-year term, is the first of its kind in Australia and hoping to solve the problem of listed funds trading at big discounts to portfolio values.
Traders await key inflation data, Israeli election result; tech stocks surge ahead of hyperscalers earnings. Follow live updates.
More investors are starting to worry that a rapid unwind in the AI trade will spill over to the Australian dollar. But not everyone agrees.
JPMorgan global head of equities Paul Quinsee says while there are many risks in the AI trade, semiconductor memory stocks have been oversold.
As Phil King prepared to retire, several Regal funds began to lift their cash piles or dial down leverage should the hedge fund be hit by a wall of redemptions.
The FBT exemption costs 15 times more than originally forecast. Experts say it is now redundant as soaring petrol prices push consumers towards electric cars.
Turaco’s shares have fallen 18.5 per cent over the past month but are trading 52 per cent higher than a year ago.
Pallas’ move comes as global demand for private credit from institutional investors skyrockets as nervous retail investors exit.