Australia’s unemployment price fell to three.5 per cent in June 2022 and has roughly stayed there for 12 months. Inflation has not risen, however declined. Within the June quarter of
Australia’s unemployment price fell to three.5 per cent in June 2022 and has roughly stayed there for 12 months. Inflation has not risen, however declined. Within the June quarter of
Philip Lowe was successfully sacked as Reserve Financial institution governor for trigger, however paradoxically his legacy might be among the many greatest within the RBA’s historical past. What was the
The report from the Home of Representatives committee trying into on-line playing opens with these phrases: “Australians spend probably the most on the earth, per capita, on authorized types of
The inflation battle of 2022-23 has moved from crushing demand created by the extreme (with hindsight) pandemic response to suppressing wages. Central banks at the moment are elevating rates of
The federal government has launched draft laws to take care of disinformation and misinformation on-line that’s lower than draconian, to say the least. (Disinformation is meant to deceive whereas misinformation
For 18 months our hair has commonly been set alight by panics which have didn’t dwell as much as their early promise. When Russia invaded Ukraine on February 24, 2022,
This week, for the primary time, the Reserve Financial institution acknowledged that inflation has been partly brought on by the behaviour of firms. In Tuesday’s minutes of the assembly of
The Reserve Financial institution of Ian (Macfarlane) made a mistake in 2000, elevating the money fee thrice after the dot-com bubble burst in March of that 12 months. The final
Reserve Financial institution governor Philip Lowe advised the Senate Economics Committee on Wednesday that we will’t have actual wages development with out productiveness development. The implication of what he mentioned
Two Americas are on show in the intervening time – the one which got here near defaulting on its debt due to the rise of right-wing extremism, and the opposite