Home
The Reserve Bank of Australia has handed down its interest rate decision for June, with inflation continuing to rise.
As widely anticipated, the RBA has decided to raise the interest rate again this month, increasing the cash rate target by 50 basis points to 85 basis points.
The increase was correctly predicted by 24 of the total 28 experts and economists on comparison website Finder.
AMP Capital chief economist Shane Oliver said that inflation is running well above target and is likely to get worse.
Submission process for ACCC regulatory framework with Digital Platforms is now complete. There are a number of really useful submissions and even one from me.
www.accc.gov.au
The ACCC will consider whether there is a need for a new regulatory framework to address the competition and consumer concerns identified in digital platform services markets to date. This report is t...
