Aussie Economy: Strong Growth, Rate Cut Unlikely
Update: 2025-12-02
Description
Australian share market expected to rise, following Wall Streets strong performance; economy likely grew by 2.2% in the year leading up to September; Australian dollar boosted by inflation figures, dampening hopes for an interest rate cut; wage growth data indicates a tightening labor market; Menulog to shut down, impacting workers; Webjet shares surge after takeover offer from Helloworld; ongoing discussions about interest rates, inflation, and global economic factors.
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