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Wild swings in the oil price make the Reserve Bank’s job harder

  • Written by John Hawkins, Head, Canberra School of Government, University of Canberra

It looks, at least for now, as though tensions in the Middle East are easing somewhat. It appears much less likely Iran will try to close the Strait of Hormuz, through which flows about a fifth of the world’s oil.

In response, oil prices have dropped to a two-week low below US$70 a barrel.

The economists at the Reserve Bank will be breathing...

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The Rise of Mobile-First Venues

Global Hospitality Platform, Tabit, Reveals Five Ways to Maximise Benefits of Mobile-First Systems  As Australian hospitality venues grapple with...

Why the SME is now the primary engine of global cybercrime

For over a decade, the most practical and effective advice we could offer an employee was to spot the typo. It was practical, it was free, and it wo...