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A slew of official data on China’s economy was released at the start of this week and all figures beat expectations.
The Reserve Bank of Australia once again left official interest rates on hold this week, leaving the cash rate at an historically low 1.5%
China is now central to Australia's economic prosperity.
Last week I wrote in this column that Reserve Bank of Australia governor Philip Lowe was not taken to giving boring speeches.
So now Australian state governments want a piece of the bank-tax action.
There was a time when speeches by central bankers were definitely boring
This week the US Federal Reserve, as expected, raised its benchmark interest rate by 25 basis points, to a range of 1% to 1.25%.
The two major pieces of economic news in Australia this week were aggressively unsurprising.
Venture capital (VC) in China has emerged as an important force in the country’s industrial transformation.
At least 40% of Australian households now have at least one home ‘internet of things’ (IoT) device. These are fridges, window blinds, locks and other devices that are connected to the internet.