The personal consumption expenditures price index, the Fed’s preferred gauge, rose 6.6 per cent in the year through March, more than triple the central bank’s goal -- and anger at price pressures among Americans is hammering the approval ratings...
Albanese will use a speech to business leaders in Sydney to highlight major Labor policies, such as a childcare plan that promises 96 per cent of families will be better off from higher childcare support.
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The speech to the Australian...
Henderson-based shipbuilder Austal has received yet another lucrative contract with the US government.
Austal has previously built 12 expeditionary fast transport ships for the US navy and is currently constructing three more at its shipyard in Mobile, Alabama.
These ships are...
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Australia and New Zealand Banking Group has posted a 4 per cent rise in first-half cash profit to $3.1 billion amid continuing strong competition in the home loan market.
Additionally, statutory net profit for the six months ended March 31...
Stocks moved higher on Wall Street in afternoon trading in New York as investors await Wednesday’s decision by the Federal Reserve on interest rates.
The S&P 500 was up 0.1 per cent in late trade, the Dow Jones Industrial Average...
One of the stranger things about the Reserve Bank’s announcement of why it is lifting interest rates by 0.25 percentage points is that it suggests inflation will come down by itself.
“A further rise in inflation is expected in the...
Western Australia’s regional rail freight network will receive a $200 million upgrade, including the progressive reopening of one of the state's 'tier 3' rail lines.
The funding, which includes a $160 million investment from the federal government - originally announced...
Henry said these investors permitted spending on “reputation-enhancing advertising” or “green-washing”, but ultimately the private sector was solely motivated by maximising profits.
“The defining feature of capitalism is that business should not have a responsibility to do anything other than...
Treasury yields have been rising all year as investors prepare for higher interest rates. Markets are expecting an extra-large interest rate increase this week from the Federal Reserve as it tries to tame inflation, which is at its highest...
Perth company Pit Crew Management Consulting Services has accused the state government of inappropriately using its in-depth labour market forecasting report and failing to pay for the material.
Managing Director Peter Dyball said Pit Crew’s 2021 report had been distributed...
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