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ASX set to drop, US rate rise likely in March
via abc.net.auThe Australian share market is poised to open lower on Thursday after Wall Street fell, amid concerns about a rate rise as early as March. -
ASX set to drop as US shares reverse early gains on rising rate fears
via abc.net.auThe Australian share market is poised to open lower on Thursday after Wall Street fell, amid concerns about a rate rise as early as March. -
ASX heads into the red after early gains, following a Wall St fall on faster rate rise fears
via abc.net.auThe Australian share market is down after shedding early gains. It follows losses on Wall Street amid concerns about a US rate rise as early as March. -
ASX closes in the red after early gains, following a Wall St fall on faster rate rise fears
via abc.net.auThe Australian share market closed in the red after shedding early gains. It follows losses on Wall Street amid concerns about a US rate rise as early as March. -
ASX climbs despite US shares reversing early gains on faster rate rise fears
via abc.net.auThe Australian share market is up on Thursday despite a fall overnight on Wall Street amid concerns about a US rate rise as early as March. -
Federal Reserve leaves interest rates on hold, but March rise looks likely – as it happened
via theguardian.comRolling coverage of the latest economic and financial newsFull story: US Federal Reserve indicates increase in interest rates as inflation risesUS Federal Reserve leaves interest rates on holdPowell: ‘of a mind’ to hike in MarchPowell: quite a bit of room to raise ratesEarlier:Oil hits seven-year high as Brent crude touches $90FTSE 100 closes 1.3% higherBank of Canada leaves rates on holdLet the wild rumpus start: is the US facing a stock market ‘super-bubble’?Travel stoc -
US Federal Reserve indicates increase in interest rates as inflation rises
via theguardian.comFed chair Jerome Powell said the central bank would make a decision on the rate raise in its March meetingThe Federal Reserve is preparing to raise rates in March for the first time since the coronavirus pandemic struck the US as it attempts to curb rising prices.After its latest two-day meeting the central bank announced that it would leave interest rates close to zero for now but signaled it was preparing to raise them at its next meeting. Continue reading... -
A 'bigger struggle' than previous years as supply, labour shortages smash manufacturers
via abc.net.auAustralia's manufacturing sector took another hit this month due to supply and labour disruptions, with some saying it's been worse than the peak of previous COVID restrictions. -
'Not fit for purpose': Call to close NT's shipping container cop shops
via abc.net.auThe Northern Territory Police Association says 14 "dangerously" deteriorated stations must either be replaced with "bricks and mortar" stations or removed altogether. -
Birthplace of the RFDS gets first flight school to service outback Queensland graziers
via abc.net.auAlmost 100 years after the RFDS launched its first plane from Queensland's north-west, a new flight school is giving another lot of bush icons their wings. -
Road toll plan sent back to ministers for review after industry concerns over pork-barrelling
via abc.net.auDeputy Prime Minister Barnaby Joyce has sent a road toll plan for the next decade back to ministers for review, with critics warning it would fail to seriously reduce road deaths and could be exploited for pork-barrelling. -
Butchers fear beef shortage just as sizzle returns to sales
via abc.net.auButchers notch up record sales for the January period as major supermarkets struggle to fill shelves, but a looming beef shortage threatens to cut their triumph short. -
Cost-of-living crisis: Jack Monroe hails ONS update of inflation calculations
via theguardian.comMove by government statisticians follows analysis by UK poverty activist of impact on poorest familiesCoronavirus – latest updatesSee all our coronavirus coverageConcern that rising inflation is having a disproportionate impact on people in poorer households in the UK has prompted government number-crunchers to provide a more detailed breakdown of the cost of living.The Office for National Statistics said it accepted that every person had their own inflation rate and it would do more to ca -
SA's hospitality sector and doctors call for easing of COVID restrictions
via abc.net.auWith South Australia's office workers being encouraged to return to work today, the state's hospitality industry is calling for more COVID-19 restrictions to be eased. -
Low-carbon ambitions must not interfere with ‘normal life’, says Xi Jinping
via theguardian.comPresident signals more cautious approach to climate crisis and says China must ‘overcome notion of rapid success’ China’s ambitious low-carbon goals will not be realised easily and should not come at the expense of energy and food security or the “normal life” of ordinary people, its president, Xi Jinping, has said, signalling a more cautious approach to the climate emergency as the economy slows.China, the world’s biggest source of greenhouse gas emissions, h -
Retailers push national cabinet to further relax isolation rules for workers
via abc.net.auAustralian retailers want more staff exempt from isolation rules, arguing the relaxation of requirements for contacts of COVID-19 infections agreed to by national cabinet a fortnight ago does not go far enough. -
Britain’s cost of living crisis means that for some, ‘getting by’ will become a luxury | Frances Ryan
via theguardian.comA different Tory leader will not save a failing social security system. We need a new welfare state from the bottom upThe thing about governments in crisis is that they have little time for governing. Boris Johnson – once king of the world, now lame duck – is a prime minister consumed with his own survival. Insiders say Johnson is motivated to hang on to power not to deliver a pressing policy agenda but to beat former Bullingdon Club chum, David Cameron: “He won’t accept -
HMAS Adelaide delivers vital aid after COVID outbreak on board as Tongan airport reopens
via abc.net.auHMAS Adelaide delivers humanitarian supplies to Tonga after 23 people on board tested positive to COVID, while the country's airport reopens after ash is cleared from the runway. -
Crowds march for Invasion Day protests – as it happened
via theguardian.comLarge crowds gather for Invasion Day protests; NSW marks grim Covid milestone as nation records at least 87 deaths from Covid-19; lockdown call for NT remote communities; Scott Morrison speaks at Australia Day ceremony in Canberra. This blog is now closedThousands march in Invasion Day protests across Australia as dawn service held onlineScott Morrison ducks questions on Grace Tame at Australia Day event‘Covid has spread like wildfire’: 703 aged care homes across Australia battle fre -
'Australia's biggest swamp': When 'the long way' round is a 3,000km, 30-hour detour
via abc.net.auNorthern Territory-bound road trains blocked by flooding on the Stuart Highway in South Australia take a massive detour through NSW and Queensland to deliver their cargo. -
'Australia's biggest swamp': When 'the long way' is a 3,000km, 30-hour detour
via abc.net.auNorthern Territory-bound road trains blocked by flooding on the Stuart Highway in South Australia take a massive detour through NSW and Queensland to deliver their cargo. -
'Australia's biggest swamp': When 'the long way' around is a 3,000km, 30-hour detour
via abc.net.auNorthern Territory-bound road trains blocked by flooding on the Stuart Highway in South Australia take a massive detour through NSW and Queensland to deliver their cargo. -
No finger-lickin' good: Outback KFC forced to closed after running out of chicken
via abc.net.auFlooding and road closures in South Australia's far north causes havoc for an Alice Springs' fast-food chicken chain that cannot get poultry deliveries and has been forced to close on Australia Day. -
No finger-lickin' good: Outback KFC forced to close after running out of chicken
via abc.net.auFlooding and road closures in South Australia's far north cause havoc for an Alice Springs fast-food chicken chain that cannot get poultry deliveries and is forced to close on Australia Day. -
Feature film with the star of Succession puts Riverland town on the map
via abc.net.auAn Australian film starring Sarah Snook is set to begin shooting in the small Riverland town of Waikerie, and locals hope it will bring worldwide attention to the beautiful town. -
UK could gain ‘first-mover’ advantage with India trade deal
via theguardian.comResolution Foundation report also highlights risk of British firms being undercut by lower cost rivalsGains from a UK trade deal with India could be on a par with those from an agreement with the US but risks exposing the economy to tougher competition, a report says.The Resolution Foundation thinktank said successful talks between London and New Delhi had the potential to gain “first-mover” advantage in India and replicate the success of German manufacturing exporters to China. Cont
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