For investors, 2025 was the year of gold, a crypto boom (and bust) and growing concerns about an AI bubble.
Interest rates fell around the world due to lower inflation and weaker labour markets, while in Australia, the Reserve Bank cut the cash rate three times, taking it to 3.6 per cent.
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Luke Kinsella is a journalist based in The Australian Financial Review’s Sydney office. He was previously a policy analyst at Treasury. Email Luke at luke.kinsella@nine.com.au