Economic Policies

Hedge fund manager expects central bank to cut interest rates in December.

The latest government figures show there are 2.8 million people in the UK who are ‘economically inactive’ owing to long-term sickness, a near-record high.

Treasurer Tim Pallas says the budget is about helping families and address inflation.

The cash rate has been left at 4.35 percent again.

When the fund goes bankrupt, Social Security benefits will be cut to 83 percent of what they are now.

The government is under pressure to reel in Australia’s growing debt burden.

‘We need to do something about our national debt or the dollar will be worth nothing,’ Mr. Musk said.

Major banks have been steadily closing branches across Australia citing the popularity of online digital services.

NZ claims Canada is blocking exporters and has not upheld an independent panel ruling from September 2023.

The investment bank is phasing out all cash and cheque services in 2024.

The Commonwealth and Queensland governments have commited almost a billion dollars to quantum computing start-up PsiQuantum.

Fed Chair Powell says his confidence in inflation moving back down is lower than before.

Chancellor Jeremy Hunt commented as the Financial Conduct Authority seeks to publish more information about enforcement investigations.