Australia's Economy: Slowing Growth, Market Boom, and Rate Cuts
Update: 2025-12-03
Description
Australias economy is struggling, with growth at a mere 2.1% annually. The share market, however, is booming, reaching a historic high. The Reserve Bank of Australia has kept interest rates steady, but speculation of cuts is growing due to cooling inflation. However, rising oil prices could delay these cuts, impacting household budgets.
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