The Reserve Bank of Australia (RBA) has left the cash rate target unchanged at 4.35%.
According to the central bank, inflation continues to moderate but remains high.
“The headline monthly CPI indicator was steady...
Coles has released its FY24 half-year results, with Group sales revenue rising by 6.8% to $22.2 billion and net profit falling 3.6% to $594 million.
Supermarkets
Supermarket revenue increased 4.9% to $19.8 billion....
The Reserve Bank of Australia (RBA) has left the cash rate target unchanged at 4.35%.
According to the central bank, inflation continued to ease in the December quarter.
“Despite this progress, inflation remains high...
The Commonwealth Bank of Australia (CBA) believes the RBA’s efforts will slow the economy without pushing it into recession next year.
“Looking ahead, 2024 will have more than its fair share of risks...
Small businesses outside of Australia’s capital cities are slated to be hit financially, according to new research from Prospa, with a third of respondents rating their overall business health in the current...
The Reserve Bank of Australia (RBA) has raised the cash rate target by 25 basis points to 4.35%.
It has also increased the interest rate paid on Exchange Settlement balances by 25 basis points to...
Last week, the Australian Bureau of Statistics (ABS) revealed that the Australian Consumer Price Index (CPI) rose 1.2% in the September 2023 quarter – significantly higher than the 0.8 per cent rise...
The Reserve Bank of Australia (RBA) has left interest rates on hold for the fourth consecutive month, with its cash rate target remaining at 4.1%.
RBA Governor Michele Bullock says the higher interest...