Australia IT Hardware Market Projected to Surge to USD 4.35 Billion by 2029, Advancing at a CAGR of 8.10% - Technology Advancements Spearheading Market Expansion

Yahoo Finance42minutes ago

Rising State Debt Threatens Australia's AAA Credit Rating Amid Mounting Deficits

Small Caps09:32

Express News | Capital Economics: It is unlikely that the Reserve Bank of Australia will cut interest rates before May.

BreakingsDec 24 14:37

RBA Still Likely to Tread Cautiously Despite Dovish Tone -- Market Talk

WSJDec 24 14:30

Reserve Bank of Australia Says Underlying Inflation Still 'Too High'

MT NewswiresDec 24 09:54

Australian central bank meeting minutes: more confident about the inflation outlook.

The minutes of the Reserve Bank of Australia's December meeting show that the central bank has increased confidence in inflation continuing to fall to target. However, due to a recent uptick in Consumer spending and a still tight labor market, it is too early to declare victory over inflation. The minutes indicate that the central bank discussed future policy scenarios that could either loosen to promote economic growth or maintain the current restrictive levels. Ultimately, the central bank decided to keep the interest rate at 4.35%, believing that recent data was insufficient to change the policy outlook. Committee members consider the monetary policy meeting scheduled for February 17-18 next year to be quite critical, as there will be data on employment, inflation, and Consumer spending. Currently, traders expect the central bank to meet on February 2.

AASTOCKSDec 24 08:52