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The Latest Breaking News from Sally Auld

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FED:AI risks deepening divide between investors and workers

The rise of AI could result in a higher share of Australia's economic pie going to people who own assets rather than those who work for a living.

AAP

AI risks deepening divide between investors and workers

The rise of AI could result in a higher share of Australia's economic pie going to people who own assets rather than those who work for a living.

AAP

Big bank takes action as Middle East crisis rolls on

National Australia Bank has followed Westpac to apply new measures to head off the impact of the Middle East conflict on its balance sheet.

The Conversation

RBA narrowly votes to lift interest rates. The Middle East war may determine if there’s more to come

The Reserve Bank of Australia (RBA) has lifted official interest rates for the second time this year as it struggles to bring inflation under control, saying inflation is “likely to remain above target for some time”.

AAP

Key RBA concern eases ahead of crucial inflation print

An easing in capacity constraints will help soothe some worried minds at Martin Place, but hot inflation data could still force the Reserve Bank to hike rates.

The Guardian - AU

A stooge in the US Fed could blow out inflation in Australia – but Trump is unlikely to get his way

Global consequences likely to be severe if the president is able to take control of US central bank

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