Labor’s rate cuts hopes bolstered as ANZ shifts call
With the Albanese government holding out for interest rate cuts ahead of the impending federal election, ANZ switched its call, tipping a move lower by the Reserve Bank next month.
With the Albanese government holding out for interest rate cuts ahead of the impending federal election, ANZ switched its call, tipping a move lower by the Reserve Bank next month.
Despite heavy discounting during the Black Friday sales, consumers remain cautious amid elevated interest rates and above-target inflation.
As investors moved to bolster their bets of a February rate cut, Anthony Albanese has given his most strident defence yet of the recent surge in government spending.
Ken Randall, a former chief political correspondent of The Australian whose varied six-decade career in journalism spanned newspaper, magazine, radio and television reporting has died.
After Anthony Albanese poured millions more into bolstering housing supply in Queensland’s far north, new data signalled that the recent growth in new dwellings remains patchy.
Anthony Albanese has refused to reveal if he will be taking new tax changes to this year’s federal election, as workers are predicted to fund a greater share of government spending despite the early benefits of the stage three tax cuts.
Sympathetic to pubs and punters who have faced continued alcohol price hikes, Sussan Ley flagged the opposition is considering changes to alcohol excises.
While the ATO faces a $35.6bn tax bill from small business, the industry boss warned the agency against ‘biting off the hand that feeds it’.
The Coalition has forecast an extra 10,000 businesses will go under by the time the next parliament sits as economists say neither Anthony Albanese nor Peter Dutton have credible plans to address the nation’s economic challenges.
While Xi Jinping urged confidence in China’s economy, experts project the falling value in Australia’s top exports will continue.
Original URL: https://www.theaustralian.com.au/author/jack-quail