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SYDNEY, AUSTRALIA - NewsWire Photos SEPTEMBER 24 , 2024:   Reserve Bank Governor Michele Bullock holding a press conference discussing the Reserve Bank Board's monetary policy decision. Rates will remain the same for now until inflation drops further. Picture: NewsWire / John Appleyard

Mood brightens on interest rates outlook

Voters are shedding some of their pessimism over the economy, but the more upbeat mood seems to have been overwhelmingly driven by growing hopes that the Reserve Bank could soon cut interest rates rather than Labor’s latest tranche of cost-of-living relief.

CommentaryEconomics
Tasting and selecting dates in a souk (market) in Abu Dhabi, United Arab emirates (UAE). Pic Abu Dhabi Tourism Authority.

An air of mutual prosperity

Australia and the UAE have enjoyed stable and positive diplomatic and trade relationships for many years, notably in agriculture, and those economic ties are set to deepen.

Original URL: https://www.theaustralian.com.au/business/economics/page/6