Reserve Bank governor Michele Bullock has maintained the central bank has a “low tolerance” for price pressures to stay higher for longer. Hotter-than-expected quarterly inflation […]
Category: Finance
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RBA says some non-bank home lenders are cutting loan standards
The Reserve Bank says more risky home loans could end up on the books of less regulated non-bank lenders, as some of these challengers to […]
Australian pharmacy losses predicted to total $1.2bn over four years under Labor prescription reforms
Pharmacies could lose more than $150,000 each annually over the coming years under Labor reforms that reduce the cost of many prescription medicines, the government’s […]
State, federal govts strike $7b deal for 2032 Brisbane Olympics
More than 1½ years in the making, the state and federal governments have finally agreed to a $7 billion funding deal for the 2032 Brisbane […]
Australia economy slows in Q4 as inflation squeezes consumers
Australia’s economy grew at its weakest pace in a year last quarter as strength in trade was offset by rising interest rates and high inflation, […]
ASX eyes record high ahead of critical inflation test
The Australian sharemarket is poised to move within touching distance of its record high ahead of the release of local inflation data mid-week that will […]
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