Watch out, GDP data may test cautious RBA
The Reserve Bank has subtly pushed back on the possibility of deep interest rate cuts, but national accounts data could test its economic recovery narrative.
The Reserve Bank has subtly pushed back on the possibility of deep interest rate cuts, but national accounts data could test its economic recovery narrative.
RBA well placed to ‘respond decisively’ to international developments. Fair Work Commission grants above-inflation 3.5pc wage rise. NAB cuts economic forecasts. IDP Education dives 46 per cent.
The trade war de-escalation has helped the US economy, leaving analysts to ponder how long the run of good data will continue and what it means for stocks.
House prices and auction clearances rose in May. 25 years late, but corporate raider happy with Washington H Soul Pattinson move on Brickworks. Billionaire’s $1bn-plus gaming bid.
After a rough March quarter thanks to the Donald Trump-inspired trade war, another solid rise in Australian shares this month has put super fund returns back on track.
HealthCo’s record jump after HMC Capital defers Healthscope rents. Big payouts for AZEK executives in controversial James Hardie buyout. Sigma’s best days ‘behind it’. Trump team plots Plan B on tariffs.
Markets have cheered a court ruling against US President Donald Trump’s tariffs, boosting US stock index futures, regional benchmarks and crude oil prices.
The White House has appealed the US Court of International Trade’s rejection of US President Donald Trump’s ‘unbounded authority’ in imposing his Liberation Day tariffs. Australia is reviewing the decision.
The S&P 500 could hit new record highs in a ‘melt-up’ scenario, with Nvidia’s quarterly results a potential catalyst.
Environment Minister Watt approves Woodside’s four-decade extension of WA project. Economists tip two more RBA rate cuts after April inflation print. MinRes downgrade weighs.
Original URL: https://www.theaustralian.com.au/author/david-rogers/page/3