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Interest rates: Bond market bets that the peak is near

The bond market is more confident than it has been for months that the Reserve Bank’s interest rate end point is near.

Chanticleer podcast: earnings season watch list; the RBA s big challenge; economy special

Chanticleer podcast: earnings season watch list; the RBA s big challenge; economy special
afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.

Australia hikes minimum wage as living costs surge - News Today

newstodaynet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newstodaynet.com Daily Mail and Mail on Sunday newspapers.

Australia hikes minimum wage as living costs surge

They also see a 33% chance the RBA could surprise with a quarter-point hike as soon as next week, after a hot inflation report for April. COST OF LIVING CRISIS FWC President Adam Hatcher said the commission was confident that the decision would not cause or contribute to any price-wage spiral. "We are confident that the increase we have determined will make only a modest contribution to total wages growth in 2023-24," said Hatcher, adding that the move would benefit part-time and predominately female workers.

AUD/USD Outlook: RBA Hike Bets Soared by Rise in Min Wage

Today’s AUD/USD outlook is bullish. An increase in the minimum wage fueled expectations for the RBA to raise rates again next week.

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