australian economy has been incredibly resilient. one difference though between here and the us, the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real tdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? the a
widening probe. the mumbai. tell us more about this widening probe. widening probe. the issues can turn delicate widening probe. the issues can turn delicate concerned - widening probe. the issues can turn delicate concerned the - turn delicate concerned the payment division of the company which can keep deposits of up to $2400 but cannot lend to its customers and there at the central bank has cited persistent noncompliance and supervisory concerns. paytm has beenin supervisory concerns. paytm has been in regulatory cross hairs. there have been multiple warnings sent by the regulator to look into the dealings between the banking division as well as the popular payments app well as the popular payments app paytm. latest reports say theissues app paytm. latest reports say the issues include multiple transaction beyond regulatory limits, improper customer verification and even raising money laundering consent and violation of forex reels. experts say the harsh action could in
the us is a little bit further along than us, and rba, our central bank, generally is a lot more conservative and always looks to the us for guidance. what are the key factors driving the current interest rate movements in australia and how do they impact the economic outlook for the year? the economic outlook at this point is looking at a real gdp growth about 2% with inflation sitting at about mid single digit level. with the rate currently most economists expect no rise today and potentially three cuts by the end of this calendar year. our inflation rate, the last report was actually a lot better or undershot our central bank s forecast and hopefully that will be on its way down in the next few prints. how resilient is the australian economy then expected to be? you sound very optimistic about it. what are the key areas of strength but also areas perhaps of vulnerability? the australian economy s holding out well because consumers are still doing quite well, and with the r
match finely balanced. - in for a thrilling day. the test match finely balanced. goodl in for a thrilling day. the test - match finely balanced. good morning. you have heard of shrinkflation, have you heard of drinkflation? some breweries are bringing down alcohol content to save money on tax. eltonjohn elton john appears at eltonjohn appears at glastonbury and it could be his last concert. it couldn t be a more perfect ending to play in britain. they have all these so kind at glastonbury and i m really looking forward to it. thundery downpours are pushing north eastwards. on either side, sunshine and showers. some of those will be heavy and thundery. i will have the details later. it s tuesday, the 20th ofjune. a massive search and rescue operation is under way for a small submarine that went missing during an expedition to explore the wreck of the titanic at the bottom of the atlantic. five people are on board, including the british billionaire hamish harding. the sub has e
final word on board anything is possible. just a final word on that board anything is possible. just a final word on that interview, - board anything is possible. just a final word on that interview, ryan reynolds was speaking to bt sport. white wrexham and he said this is why, what is happening right now. we saw a lot of tears as well. what does it mean for rob mcelhenney? it just itjust means it just means everything itjust means everything to the town. you cannot underestimate the impact this has had on the course, notjust impact this has had on the course, not just the football club, but the city, what they have done has been incredible. they are not your typical football club owners. they have come in and engage with the area and reached out to people. they supported the women s team at wrexham who got promoter themselves a couple of weeks ago. they have just been fantastic for the area and you know the increase, the exposure, the increase in interest in wrexham acro