Tag: Australian economy

May 2023 cash rate increased

By CreditorWatch Chief Economist Anneke Thompson. The Reserve Bank of Australia (RBA) continues to be concerned about services inflation, and has increased the cash rate further in order to strip more demand...

Second wave threatens recovery

The second spike in COVID-19 cases that has hit Victoria, is threatening to cut any recovery short, and raises questions about how many of Australia’s affected industries will be able to survive...
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