Tag: economy
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LibNats to dump SRL in 2026

The Victorian Liberals and Nationals announced they will not complete the Suburban Rail Loop (SRL) if elected in 2026 so they can deliver important infrastructure projects right across the state. Since its announcement in 2018, the SRL has never been subjected to a proper business case assessment or scrutinised by infrastructure authorities and has been…
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This week is pivotal for the Australian economy.

On Wednesday, the Australian Bureau of Statistics (ABS) will release the Q2 CPI inflation figures, which will determine whether the Reserve Bank of Australia (RBA) will raise the official cash rate at its 6 August meeting. Monetary transmission in Australia is far more sensitive than in comparable nations, owing to its globally high share of…