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IMF downgrades 'gloomy' economy as inflation and rate jitters continue, but ASX trades up
via abc.net.au
The Australian share market has ended the day at a 20 day high, despite new inflation data showing that shows price hikes are at their highest level in more than 20 years. -
IMF downgrades 'gloomy' economy as inflation and rate jitters continue, but ASX is stable
via abc.net.au
Inflation data out today in Australia will be closely watched by the finance world. -
IMF downgrades 'gloomy' economy as inflation and rate jitters continue, ASX to trend down
via abc.net.au
Inflation data out today in Australia will be closely watched by the finance world. -
Live: NSW now: Renewed appeal for information over south-west Sydney sisters' deaths
via abc.net.au
MORNING BRIEFING: Police are renewing their appeal for information into the mysterious deaths of two sisters, who were found in separate rooms inside a south-west Sydney unit last month. -
Owners demand action as insurance costs threaten to sink treasured outback pubs
via abc.net.au
Publicans say having to pay close to $70,000 a year for insurance could be the straw that breaks the camel's back for venues that are the crucial hubs in rural towns. -
China's mortgage boycott is escalating. Now Evergrande suppliers have stopped paying bank loans
via abc.net.au
The property crisis in China may have entered a dangerous phase as mortgage boycotts spread and banking corruption shakes confidence, with the shadow of COVID outbreaks and lockdowns also hanging over the economy. -
What would happen if we just cut interest rates and ignored inflation? One country tried it and it's a disaster
via abc.net.au
While many countries around the world are jacking up interest rates in an attempt to curb inflation, Turkey is trying an unorthodox approach: Its central bank is refusing to touch them. -
As prices soared, Turkey bucked the global trend and didn't raise interest rates. This was the result
via abc.net.au
While many countries around the world are jacking up interest rates in an attempt to curb inflation, Turkey is trying an unorthodox approach: Its central bank is refusing to touch them. -
EU agrees to ration natural gas in winter to shield against Russian supply cuts
via abc.net.au
The bloc's energy ministers approves a draft European law to lower demand for gas by 15 per cent from August through March. -
Foreign students returning as Southport named Queensland's most multicultural suburb
via abc.net.au
Queensland's most multicultural suburb is a hive of activity as foreign students make their return after the easing of COVID restrictions. -
Shell drops plans to lock out Prelude workers from offshore gas facility amid industrial dispute
via abc.net.au
The Anglo-Dutch energy giant says a lockout aboard their facility off the Kimberley coast will not proceed due to safety and emergency response concerns, as industrial negotiations with the union grind to a halt. -
'The money is gone': Evacuated Ukrainians forced to return home to war's front line
via abc.net.au
Tens of thousands of people from eastern Ukraine return to their rural or industrial communities close to the front line at considerable risk because they can't afford to live in safer places. -
NGOs ask Elon Musk not to invest in Indonesia's nickel industry over environmental woes
via abc.net.au
Dozens of non-governmental organisations (NGOs) send an open letter to Elon Musk, urging him to not invest in Indonesia's nickel industry on environmental concerns. -
'Chronically overworked' airport ground crews threaten strike
via abc.net.au
Long queues, flight cancellations and baggage delays at major Australian airports could worsen, with "chronically overworked" ground crew threatening strike action over pay and working conditions. -
Baggage handlers, ground crew threaten strike action prompting fears of further airport delays
via abc.net.au
Long queues, flight cancellations and baggage delays at major Australian airports could worsen, with "chronically overworked" ground crew threatening strike action over pay and working conditions. -
'Biggest hospital pass in history' as bank regulator Wayne Byres hands in early resignation
via abc.net.au
The head of Australia's bank regulator will end his term almost two years early, announcing he will step down from his role at the end of October. -
APRA boss Byres to stand down early from bank regulator
via abc.net.au
The head of Australia's bank regulator will end his term almost two years early, announcing he will step down from his role at the end of October. -
Truckies rocked by suicide trauma fight red tape for compensation
via abc.net.au
Truck drivers who experience tragedy while on the job are unable to access compensation due to a loophole. -
Russia's Gazprom slashes gas supply to Europe again
via abc.net.au
Russia's state-owned gas supplier cuts supplies through the Nord Stream 1 pipeline to just 20 per cent of capacity due to alleged maintenance issues — an explanation rejected by main importer Germany. -
Live: NSW: Sydney house prices fall at fastest rate in 40 years
via abc.net.au
MORNING BRIEFING: Sydney house prices have slipped 1.9 per cent over the past month as interest rate hikes have taken a toll— the fastest rate of decline in 40 years.
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