From abc.net.au

Treasurer issues grim message on economy if trade war takes hold

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The damage of a global trade war would put a multi-billion-dollar dent in Australia's economy by 2030, Treasurer Jim Chalmers says ahead of next week's federal budget. 

#trade #jakeevans #federalgovernment #governmentandpolitics #economictrendsandindicators

16h ago

From abc.net.au

When will interest rates go down? Banks prepare for RBA's cash rate decision

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The banks are under no obligation to cut their interest rates if the RBA cuts the cash rate. However, given the cost of living is such a big issue at the moment, they would face significant backlash if they didn't pass savings on to customers. 

#banking #monetarypolicy #FinancialMarkets #creditandlending #danniellemaguire #economictrendsandindicators

on Feb 17

From abc.net.au

Live: Wall Street's mixed close to hit ASX despite confidence RBA will cut

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Weak economic data halted Wall Street's rally while the ASX is set to drop ahead of an expected RBA rate cut. Follow the day's events and insights from our business reporters on the ABC News live markets blog. 

#currency #companynews #stockmarket #stephenletts #cryptocurrency #FinancialMarkets #businesseconomicsandfinance #economictrendsandindicators

on Feb 16