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ASX up, all eyes on the RBA and 6 other things to start your day

December 5, 2022
in Finance
Reading Time: 3 mins read
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ASX up, all eyes on the RBA and 6 other things to start your day
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The ASX is expected to rise this morning as Aussies wait for tomorrow’s interest rate decision. (Source: Getty)

ASX: The local share market is expected to rise this morning .

Rate call: The Reserve Bank of Australia will meet for the final time this year to decide whether or not it will .

Tomorrow’s meeting is expected to deliver at least one more hike. Another 0.25 per cent increase would take the rate to 3.1 per cent and cause more pain for mortgage holders.

Energy prices: The Government is hopeful the Commonwealth and states and territories can come up with a when they meet this week.

Minister for Government Services Bill Shorten said all options remained on the table with the stakes being too high to not reach a decision on how to act.

Doctor, doctor! Popping to the doctor’s office may not be possible without a drastic overhaul of frontline medical services, the new head of Australia’s peak body for General Practitioners has warned.

Incoming Royal Australian College of General Practitioners president Nicole Higgins said she would spend her next two years advocating for dramatic change, with the organisation’s 40,000 members “struggling” due to .

Top tier: The Treasurer has seized on Australia maintaining its top credit rating as a stamp of approval for the Government’s economic policy.

Fitch Ratings , saying Labor’s first Budget showed “restraint”.

It noted the Budget didn’t provide any cost-of-living cash payments in a deliberate move by the Government to contain spending and avoid exacerbating inflation.

Pokies: The NSW Greens have revealed plans to amid increasing calls to clean up the industry.

Under the plan, pokies would disappear from pubs across NSW within the next five years, and from clubs over the next decade.

Centrelink: Around 1 million young people, carers and students will have their by up to $20 a week at the start of next year.

The payments will be indexed by just over 6 per cent, with the increases to start on January 1.

Do better: , according to a survey of big investors responsible for almost two-thirds of the assets under management in Australia and more than $30 trillion globally.

Follow Yahoo Finance on Facebook, LinkedIn, Instagram and Twitter, and subscribe to the free Fully Briefed daily newsletter.


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