Wages growth cooling faster than expected: RBA
The central bank says wages growth is slowing, with labour supply more abundant than anticipated, as it becomes more optimistic a rate cut could be on the horizon.
The central bank says wages growth is slowing, with labour supply more abundant than anticipated, as it becomes more optimistic a rate cut could be on the horizon.
The banking giant faces a hefty fine after it misled NZ customers entitled to advertised discounts and overcharged some of them.
The payments provider says alternative leadership is needed to oversee its ambitious turnaround strategy after sacking US-based CEO Ron Hynes following a brief tenure.
Consumers are tipped to reopen their wallets for big-ticket discretionary purchases in 2025, according to research by global payment card services provider Mastercard.
Holiday parks across the country are set to be packed out this summer as inflationary pressures see many to turn to the humble road trip.
Flows from superannuation net buying have heavily influenced share performance and arguably pushed valuations to extremes, says Morgan Stanley.
The Australian Financial Security Authority expects a significant surge in the number of personal insolvencies lodged during the next 18 months.
The boss of one of Australia’s largest banks says the Australian economy is OK and businesses are optimistic but he concedes many customers are being hammered by restrictive interest rates.
Aussie companies with US-based supply chains and operations could be among the best buys for investors heading into 2025 amid Donald Trump’s America first policies.
The prudential regulator will take further action to enforce valuation and liquidity risk requirements after half of probed super trustees failed to pass.
Original URL: https://www.theaustralian.com.au/author/matt-bell