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The RBA increased the Cash Rate by a further 25 basis points to 3.1%. Data from the ABS showed quarter on quarter GDP growth of 0.6% and 5.9% year on...
This week, the Australian Bureau of Statistics released the monthly consumer price index, seeing a slight month-on-month fall
This week, the wage price index demonstrated that real wages are struggling to keep up with the rate of inflation
This current economic environment is heating up, with employment and inflation levels reaching all-time highs in the post-pandemic environment.
The Treasurer delivered the Federal Budget a day before the Australian Bureau of Statistics confirmed that inflation is still on the rise.
This week, the RBA’s has identified additional considerations that will influence future rate decisions, with a hint of a slowdown in rate rises.
This current economic environment is heating up, with employment and inflation levels reaching all-time highs in the post-pandemic environment.
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