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AUSTRALIA: RBA holds rates despite cuts elsewhere
AUSTRALIA: RBA leaves rate unchanged amid price fears
The uptick in inflation also raises questions about the Labor government’s efforts to reduce living costs as it prepares for an election in mid-2025. Opinion polls indicate that…
NEW ZEALAND: Economy leaves recession but remains weak
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DOI: 10.1108/OXAN-ES287860
ISSN: 2633-304X
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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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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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Geographic
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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…