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The surpluses seen this year and last have proved an unexpected bonus for Labor and will enable a modest spending increase as the party prepares for the general election due by…
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DOI: 10.1108/OXAN-DB287122
ISSN: 2633-304X
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Meanwhile, the government and the Reserve Bank of India (RBI) both expect 6.5% GDP growth in the fiscal year ending March 2024, which would put the country among the top economic…
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DOI: 10.1108/OXAN-DB283429
ISSN: 2633-304X
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Separately, regional leaders were somewhat reassured by the modest rapprochement between China and the United States -- influential powers in South-east Asia -- on the margins of…
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DOI: 10.1108/OXAN-DB283554
ISSN: 2633-304X
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This figure is higher than the RBA’s forecast of 1.5%, as labour demand remains strong and business investment resumes as supply chain disruption subsides. However, persistent…
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DOI: 10.1108/OXAN-DB283704
ISSN: 2633-304X
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AUSTRALIA: New RBA governor may keep rates unchanged
This seventh successive monthly increase takes the RBA’s benchmark cash rate to a nine-year high. With inflation now expected to exceed even the more recent RBA forecasts, further…
AUSTRALIA: New rate rise will not be the last in 2022
Sultan Hassanal Bolkiah, one of the world’s few remaining absolute monarchs, faces a tough challenge to turn around the pandemic-hit economy. Brunei is struggling to make up for…
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DOI: 10.1108/OXAN-DB274971
ISSN: 2633-304X
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Chalmers is already investing much of the surplus in cost-of-living relief for households struggling with high prices and rising interest rates, as well as funding for community…
AUSTRALIA: Bank raises rates for a seventh time