RBA holds cash rate at 10 basis points; says inflation to continue in the coming quarters
RBA decided to keep the official cash rate – the rate banks pay to lend to and borrow from one another – at 0.1 per cent.
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India and Australia signed an interim free trade agreement with the goal of increasing bilateral trade in five years.
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Australian small businesses achieved the lowest growth rate in the Asia-Pacific in 2021
New Zealand SMEs lag their APAC counterparts, but 2022 outlook looks cautiously positive: Survey
More of New Zealand’s SMEs shrank in 2021 than grew primarily due to the pandemic
Australia’s cash rate to remain at record low-for now
At one of the most anticipated Reserve Bank Board meetings in history, the bank announced it wouldn’t be tapping the brakes yet.
Job ad listings across Australia follow seasonal fall off trends in December: SEEK report
December 2021 saw a surprise drop in job ad numbers in Australia, with 3.2 per cent fewer ads than in November.
US faces highest inflation in almost half a century
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RBA holds cash rate at 10 basis points; says Omicron unlikely to derail Australia’s recovery
The central forecast is for underlying inflation to reach 2.5 per cent over 2023.
ABS figures reveal company profits double market expectation
ABS data shows company profits have grown by 4 per cent, doubling the market expectation. Meanwhile, wages and inventory have fallen.
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The U.S records worst inflation in more than three decades. Is Australia next?
RBA holds cash rate at 10 basis points for 11th consecutive month, discontinues yield control
The RBA board has decided to keep the official cash rate at 0.1 percent as it expects the economy to recover swiftly.