
Business
Australia Faces Sharper Longer Slowdown As Fifth Interest Rate Hike Looms
Major economists predict a prolonged economic cooling for Australia as the central bank prepares for another interest rate hike amid rising inflation.

Major economists predict a prolonged economic cooling for Australia as the central bank prepares for another interest rate hike amid rising inflation.

NSW Premier Chris Minns has warned that an expected interest rate hike could trigger job losses and business closures, increasing pressure on the federal government.
