The cash rate has been hiked for the seventh consecutive month, up 25 basis points to be 2.85 per cent, as the Reserve Bank predicts inflation will hit 8 per cent this year.
A one-off subsidy on power bills has helped Perth prices drop 0.5 per cent in the September quarter, while national inflation hit 1.8 per cent for the quarter.
Ochre Workforce boss Joanne Pellew, who is awaiting trial over claims she lied to ASIC, has asked a court for permission to peer into the books of an enterprise she was once part of.
New wagering group Betr has reportedly bowed out of the bid for the state government’s $1 billion betting agency, just weeks after being declared the frontrunner ahead of its national launch.
Andrew and Nicola Forrest have opened the possibility of having separate CEOs for their investment company and their philanthropic foundation after appointing John Hartman to replace Andrew Hagger.
Prime Minister Anthony Albanese has urged the public to brace for a “cautious” budget, as his government attempts to balance demand for cost-of-living relief with economic headwinds.
