Australia is grappling with a surge in inflation, sparking concerns among policymakers at the Reserve Bank of Australia (RBA). The central bank has indicated that its willingness to raise interest rates hinges on upcoming labor market and inflation data. The RBA has expressed a low tolerance for prolonged inflationary pressures, signifying a potential rate hike in the near future. Australians to expect another rate rise in Nov 2023.
In a match that showcased Australia's resilience and determination, they secured a much-needed win against Sri Lanka, making a strong comeback after two consecutive losses. Australia Bounces Back with Convincing Win Over Sri Lanka.
In a thrilling encounter, Afghanistan secured only their second-ever victory in a major cricket competition by defeating defending champions England. It was a day when England looked far from their title-contending form. Here's a recap of the key moments and standout performances in this exciting match where Afghanistan Beat England By 69 Runs.
In the week's auction market, various Australian cities continued to display solid performance in terms of auction clearance rates. Auction Clearance This Week 15 OCT 2023, again showed promising outcome for the sellers and real estate agents with buyers fighting for the handful few properties available in the market.
Australia witnessed a significant setback in its journey towards reconciliation with Indigenous communities as a proposal to recognize them in the constitution was resoundingly rejected in a historic referendum. In the first national referendum in nearly 25 years, Voice Referendum a failure worth AUD 450 million.
In a high-stakes clash at the colossal Narendra Modi Stadium, India showcased its supremacy over arch-rivals Pakistan, delivering a resounding performance that left the cricketing world in awe, yet again India beat Pakistan in Cricket World Cup 2023. This was the 8th match played between both rival nations in Cricket World Cup and India has maintained it dominance. The official attendance for this match was over a 100,000 spectators supporting India.
As the Jewish festival of Sukkot drew to a close, Israelis were abruptly jolted by a shocking and audacious attack by Hamas militants. The assailants utilized a multi-pronged approach, involving airstrikes, ground incursions, and naval attacks, which plunged the nation into chaos and horror. It is the first time in the history of this region that such an attack was conducted by militant group Hamas and such large number of civilians are killed among Jews and Muslims living in West Asia. Israel Under Attack From Militant Groups Hamas unfolded:
The Reserve Bank of Australia - RBA kept target cash rate unchanged at 4.10 %, October 2023, along with the interest rate paid on Exchange Settlement balances at 4.00 per cent. This decision comes in the wake of a series of interest rate increases over the past year.
With summer knocking the doors in Australia, the Auction Clearance This Week 30 Sep 2023 across major Australian cities showed promising results except NT. The market was influenced by a myriad of factors, including economic conditions, government policies, and even global events. The real estate market has become a topic of intense interest and scrutiny.
Australian Auction Clearance This week 24 Sep 2023 across major Australian cities showed promising results except WA. The market was influenced by a myriad of factors, including economic conditions, government policies, and even global events.
