The past week was all about the Federal Reserve’s Jackson Hole symposium. The market waited patiently for a revelation from the symposium only to be told once again that inflation remains too high, that rates will likely have to remain at an elevated level longer and finally that rates may have to keep rising. Well,
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July 10 marks the day that changes in Australia’s Child Care Subsidy kick in to make child care more affordable for families. It’s a timely theme that has attracted Emerald Financial’s attention which features Mayfield Childcare (ASX: MFD) in this week’s edition of Fast Money. Highlighting how fees are increasing faster than wages and the
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As the world continues to experience the transformative power of artificial intelligence (AI), Australia is not left behind in this technological revolution. The Australian government has made a significant investment of over AU$100 million in AI development and adoption, signaling its commitment to leveraging the numerous benefits of this innovative technology. With the country’s AI
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Published monthly financial statements show that, on an annual basis, the Government has firmly moved into a budget surplus. On an annualized basis, Individual tax receipts are growing at 13% pa, and company tax receipts are growing at 17% pa. Despite a slowdown in receipts through Covid, from January 2020 to April 2023, total revenue
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