TestingNSW’s economic prospects will be supported by several initiatives including the long-term focus on developing a sustainable and liveable community. TCorp’s Chief Economist Brian Redican reports on the local and global markets and the outlook. |
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| A Reserve Bank of Australia (RBA) Governor’s speech was interpreted as reducing the risk of further rate hikes. While noting that consumer spending had slowed, the Governor also outlined the bank’s preliminary response to the RBA Review recommendations, including moving to 8 annual Board meetings from next year. Michele Bullock, the current RBA Deputy Governor, was appointed to replace the Governor when his term expires in September, but there was no notable reaction in financial markets to this news. |
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TCorp pays respect to the Traditional Custodians and First Peoples of NSW and acknowledges their continued connection to country and culture.
