Sky News Business Editor Ross Greenwood says the Australian dollar jumped to a five-month high today.
Sky News Business Editor Ross Greenwood says the Australian dollar jumped to a five-month high today.“The dollar rebounded on the better outlook for trade with China. “But more particularly because of the higher than expected inflation rate, which all but assures further interest rate rises.
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Annual inflation hits 7.8 per cent in December quarterSky News Business Editor Ross Greenwood says annual inflation for the December quarter is at 7.8 per cent, up from 7.3 per cent previously. “The market had forecast that inflation would come in at 7.6 per cent today,” Mr Greenwood said. “But what’s happened is a range of different factors have affected the price of goods during that, not only quarter, but over the past 12 months.”
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Alice Springs could see ‘total backflip’ with alcohol restrictionsSky News Northern Australia Correspondent Matt Cunningham says he expects to see a “total backflip” on the decision to allow alcohol back into some Alice Springs town camps. In an exclusive interview with Sky News Political Editor Andrew Clennell, Prime Minister Anthony Albanese said the decision was under review and they would consider making it an “opt out” initiative. “That means the communities would have to put forward a special case if they wanted alcohol to come in,” Mr Cunningham told Sky News host Cory Bernardi. “That’s not what was done, basically the tap was turned straight back on and a lot of people said, ‘well they should have had to make the case as to why alcohol should have come in those communities in the first place’.”
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Indigenous elder Tom Calma named Senior Australian of the Year 2023Professor Tom Calma has been named Australian Senior of the Year with the Indigenous elder having worked for more than 45 years fighting for the welfare and rights of Indigenous communities. “I’ve done many things, and a lot of it’s been around education, both early years education right through to higher education,” he told Sky News Australia. “I served as an Australian diplomat over in India and Vietnam and that was all about education and opening up the international student market, to being involved in a whole lot of policy reform,' he said.
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Can anyone beat Novak Djokovic at the Australian Open?Novak Djokovic has never lost a final or semi-final at the Australian Open and hasn’t lost in the quarter-finals at Melbourne Park since 2014. But world No.5 Andrey Rublev is hoping to stop his charge for a tenth title.
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