MR

Michael Read

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    • afr.com
      12 articles

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    InterestRatesTheAustralianFinancialReviewPandemicAustralasianPerformingRightAssociationSustainabilityNDISAPRAInflationCashRateInsuranceDisabilityHospitalInterestRateTighteningReservebankASXHighinflationPhilipLowePublicHospitalGovernmentDebtElectiveSurgeryHealthCareNetworkDriverInterfaceSpecificationRBAKidsNDISParticipantsInflationHigherRecordFirstHalfLossEconomistsMay2022ShadowTreasurerAngusTaylorChineseEconomyAutismEnrolmentDataReleasedSkyHighEnergyPricesOctober3MediumTermMedicareRBARisksTreasurerHighNumbersRealGDPManufacturingMountainEquityTotalGenerationFiscalPrioritiesChildrenWithAutismFundingGrowingNumberMSTTradingPartner
    • Lowe singles out China as a significant economic risk
      5 Sep 2023—afr.com
      Outgoing Reserve Bank governor Philip Lowe has warned the deteriorating Chinese economy is now a significant risk to the local outlook, as he kept the cash rate on hold for the third straight month at his final board meeting. Announcing the cash rate would be left at 4.1 per cent, Dr Lowe for the first time singled out China as one of several “significant uncertainties” that could affect the future direction of interest rates, alongside the persistence of high inflation and how well...
    • Coal closures could drive energy prices higher: RBA’s Bullock
      29 Aug 2023—afr.com
      Sky-high energy prices could increase even further if the closure of coal-fired power plants is not matched with renewable generation and storage capacity, incoming Reserve Bank governor Michele Bullock has warned. The sheer volume of investment required to meet Australia’s target of net zero by 2050 could also push inflation higher over the medium term. In a speech to the Australian National University on Tuesday, Ms Bullock warned a failure to invest in sufficient alternative generation...
    • More than 11pc of boys aged 5-7 are on the NDIS
      21 Aug 2023—afr.com
      The National Disability Insurance Scheme is on track to again exceed official participant projections as children with autism enrol in unexpectedly high numbers. A record 11.5 per cent of boys aged between five and seven are receiving funding from the NDIS after another three months of strong growth, according to data released on Friday by the National Disability Insurance Agency, the agency that runs the scheme. There were 610,502 NDIS participants as at June 30, exceeding official...
    • Growth to slump as high rates smash households, RBA warns
      4 Aug 2023—afr.com
      Economic growth is expected to slump to its lowest rate in the three decades outside the pandemic as rising mortgage rates and high taxes batter household budgets. The Reserve Bank downgraded its near-term growth forecasts on Friday as the economy cools in response to the fastest interest rate tightening cycle in decades. The central bank expects real gross domestic product to expand by just 0.9 per cent in the 12 months to December 2023 as a result of a weaker-than-expected March quarter...
    • RBA’s new wait-and-see rates agenda
      1 Aug 2023—afr.com
      A growing number of economists say the Reserve Bank is done with rate rises, but several forecasters say low unemployment and persistently high inflation will force incoming governor Michele Bullock to raise rates again. Announcing the cash rate had been left on hold for the second month at 4.1 per cent, outgoing RBA governor Philip Lowe said the central bank needed more time to assess the effects of the 400 basis points of interest rate rises it had delivered since May 2022. Markets trimmed...

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