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Record public spending ‘props up growth, but delays rate cuts’

Jim Chalmers says record government spending is stopping the economy from shrinking, but economists say it is delaying rate cuts and crowding out the private sector.

The Australian Financial Review |  | Fuente original

Home sellers chop asking prices amid glut in listings

Weaker buyer demand and an influx of stock have prompted some vendors to slash their asking prices.

The Australian Financial Review |  | Fuente original

CBA prepares for AI to transform banking, with dozens of uses

The country’s biggest bank is already using AI to resolve 15,000 payment disputes every day. And its chief executive, Matt Comyn, says many more uses are on the way.

The Australian Financial Review |  | Fuente original

Labor-Greens talks puts RBA board overhaul back in play

The Albanese government has reopened talks with the Greens on reforms of the Reserve Bank, two months after declaring them dead.

The Australian Financial Review |  | Fuente original

$A hits four-month low on Trump’s tariff pledge

The greenback soared on Tuesday after the US president-elect pledged hefty levies on its three major trading partners. That sent the Aussie to its weakest level since August.

The Australian Financial Review |  | Fuente original

‘Extreme’ Trump trade war would hit shares, growth and rates: RBA

The research, released to the Financial Review, represents the most in depth insight to date on the RBA’s view of last month’s US presidential election.

The Australian Financial Review |  | Fuente original

Big Super’s reckoning has arrived

After 32 years of guaranteed inflows from workers and scant scrutiny, the $3.9 trillion industry faces customer fury over service, unclear investment practices and questionable governance.

The Australian Financial Review |  | Fuente original

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