Australia's mood stays cautious as an inflation jump and talk of further rate hikes put the government on the defensive over cost-of-living pressure. Households remain squeezed, wi
Australia's mood stays cautious as an inflation jump and talk of further rate hikes put the government on the defensive over cost-of-living pressure. Households remain squeezed, with real wages slipping and home values having fallen for six straight months. Meanwhile a wave of large buyout deals is moving ahead despite the higher-rate backdrop, a notable tension between dealmaking confidence and the tighter policy reality.
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