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AUSTRALIA: RBA holds rates despite cuts elsewhere
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…
As Australia seeks to manage slower demand from China and depressed commodities prices, Prime Minister Malcolm Turnbull has called a 'double dissolution' election for July 2…
Details
DOI: 10.1108/OXAN-DB211578
ISSN: 2633-304X
Keywords
Geographic
Topical
The figure is the 22nd consecutive month of record-setting immigration, and the main opposition party, the New Zealand Labour Party, has called for more active adjustment of…
Details
DOI: 10.1108/OXAN-DB211975
ISSN: 2633-304X
Keywords
Geographic
Topical
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…
The RBA has cut its growth forecasts amid rising job losses, weakening demand and increasing signs that the latest COVID-19 lockdowns will continue to slow the economy until the…