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Australia's Business Investment Thrives
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Australia's Business Conditions Soften
Australia's Central Bank Holds Rate
Australia's Central Bank Pauses Rate Hik...
Australian CPI Update and RBA's Response
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Overview
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Australian business investment, despite missing estimates, remains strong, rising by 0.6% in Q3. Firms plan to invest A$171.2 billion in the next 12 months, with the mining industry driving growth. The central bank anticipates continued expansion in business investment, boosting labor productivity and containing inflationary pressures.
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How might the central bank's expectation of continued business investment influence monetary policy decisions?
How might the strong business investment in Australia impact the country's economic growth?
What factors could contribute to the decline in non-mining industries' investment?
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