Core inflation eases making a rate hike unlikely | The company | ABC News

Economists say the latest inflation data takes pressure off the Reserve economic organization to hike loan charge rates in August. The annual headline figure came in as expected at 3-point-8 per cent but the quarterly underlying measure eased for the sixth quarter in a row, suggesting inflation is still trending down. Rental prices rose by … Read more

Why Woolworths chief executive officer Brad Banducci was threatened with jail time | The enterprise

Woolworths boss Brad Banducci was warned he could face six months in prison or a $5,000 fine if he was held in contempt by the Senate for failing to answer questions at the inquiry into supermarket pricing. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2024-04-16/woolworths-chief executive officer-threatened-with-contempt-by-senate-committee/103728244 The Woolworths chief executive repeatedly declined to answer questions about … Read more