Australian Consumer Confidence Sinks After RBA Hike to 4.6%
Australian consumer confidence sinks after RBA hike to 4.6%; ANZ-Roy Morgan at 67.1, Westpac-MI at 80.4.
Simple explainers on world affairs, science, health and more.
All news under one minute
Australian consumer confidence sinks after RBA hike to 4.6%; ANZ-Roy Morgan at 67.1, Westpac-MI at 80.4.
Deloitte cuts Australia's 2027-28 growth forecast to 1.7%, says households face recession-like conditions.
Former RBA official Jonathan Kearns warns AI investment boom will fuel near-term inflation; expects another hike.
ASX 200 falls 66.8 points to 8660.9 as banks and miners slide on global bond yield fears.
Wall Street pulls back from records as 10-year yield hits 5.35%; gold at $4,136, bitcoin near $82,500.
Fed Governor Waller says more rate hikes are needed but wants flexibility on timing; December hike likely.
India joins US and 13 economies in OECD-backed Joint Ministerial Statement on manufacturing overcapacity.
KKR report says India's $4 trillion economy could double to $8 trillion in a decade on reforms and GCC growth.
World Bank raises India's FY27 growth forecast to 7.1% in October India Development Update, citing strong domestic demand.
SAVE America Act faces a Senate filibuster as Trump pressures Republicans to pass the citizenship-proof voting bill.