The ACT's tourism economy rebounded last year, according to the National Visitor Survey and International Visitor Survey released today by Tourism Research Australia (TRA).
The ACT’s peak business group has called on the ACT government to invest in major infrastructure projects and to cut red tape to deliver economic benefits ahead of the next ACT Budget.
The minutes from the Reserve Bank of Australia's last board meeting will offer some context for the last cash rate decision and, hopefully for borrowers, further signs the bank is readying for a pause.Â
Australia's most valuable resource is not of the mineral variety but rather the 26 million brains which, if nurtured correctly, will help power the economy for decades to come.
Australian borrowers have been hit with a ninth cash rate rise in a row, putting more pressure on squeezed mortgage holders as the Reserve Bank tries to stem inflation.
One of the nation's biggest consultancy firms has painted a bleak picture for the year ahead, saying Australians are at the mercy of the central bank while warning of a possible recession.
The alarming COVID-19 wave ravaging China's population may be worrying the treasurer but economists expect any economic consequences to be short lived.Â
