How Beijing manages the efforts to revive the faltering economy matters for commodity producers like Australia.
If the RBA’s objective was to scare the community away from the shops,it looks to have hit its mark.
With rate hikes seemingly failing to quell retail spending the Reserve Bank may need to deliver a stronger dose of economic medicine.
Weakening consumer and business confidence are signs that recent official interest-rate rises are working,as the Reserve Bank applies the brakes to an economy it thinks is at risk of overheating.
Even in these “unprecedented” times,it’s not all doom and gloom on the economic front.
The survey results come amid record low unemployment in WA,which hit a record low of 2.9 per cent in April.
We are now at the point where measuring confidence feels like a misnomer - we should replace it with a fear metric.
More than 90 per cent of Australian businesses have identified potential slavery risks in their supply chains but most fail to respond,a new report finds.
Australian consumers having turned from confident to apprehensive in the space of a week and rapidly increasing prices at the bowser is the culprit.
After record retail spending in November,there are concerns about how it is holding up as many shoppers self-impose restrictions to avoid Omicron.
Tourism businesses want more federal government support as household spending drops to lockdown levels and COVID-19 continues to spread across the country.