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Economy

The latest ABS labour market report suggests a rate cut might not be needed in the near term, economists have said.

The bank’s Consumer Sentiment Index slipped 0.7 per cent to 92.1 in January.

Global life sciences companies pivoted to smaller, smarter deals in 2024, according to EY’s annual M&A Firepower report.

A modest 0.3 per cent rise in job ads indicates the labour market’s ongoing resilience, ANZ has said.

The Tax Office has issued a reminder surrounding the GST requirements associated with the purchase and operation of retirement villages.

Household spending increased again in November with six out of nine spending categories increasing, according to data from the Australian Bureau of Statistics.

Retailers should not rely on rate cuts alone to win back consumers after a tough year, according to partner Salim Biskri.

Retail turnover rose 0.8 per cent in November, according to data from the Australian Bureau of Statistics.

The big four firm has rolled out its new global integrated marketing campaign ‘Transformations’ to further its brand expansion plans.

The number of job vacancies has increased by 4.2 per cent, the first rise since May 2022, according to the ABS.

ABS data showed CPI remained in the RBA’s target band while annual trimmed mean inflation fell to 3.2 per cent in November.

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