The real estate sector is a major borrower in the roughly A$200 billion industry in the country
The proposed settlement remains subject to approval by the Federal Court
The proposed settlement remains subject to approval by the Federal Court
The statement marks a turning point not just in leadership at the central bank but in a monetary policy outlook
The statement marks a turning point not just in leadership at the central bank but in a monetary policy outlook
Inflation was held down by food and non-alcoholic drinks
The main concern is that it will take time to restore production capacity, repair infrastructure and get ships sailing again
PBOC will improve the use of temporary overnight reverse repo and repo operations
Such a move would mark another step in the PBOC’s revamp of its policy framework that began in 2024
The US$80 million policy uses 4 times leverage to offer over 10% returns to wealthy buyers











