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The 'big four' banks have dismissed the possibility of a rate cut in 2026, raising concerns about "renewed talk" of a cost of living crisis.
Treasury secretary John Fraser believes a slowdown in wages growth in recent years reflects the lasting impact of the 2008-2009 global financial crisis.
The United States central bank is ending a stimulus program known as quantitative easing it started in 2008 during the Global Financial Crisis.
The International Monetary Fund said the global economic recovery was gaining traction, but highlighted risks from the eurozone financial crisis.
Australian shares have opened higher despite global fears of another financial crisis as stock markets plummet and oil prices continues to fall.
More than 100,000 protesters have taken to the streets in Spain blaming bankers and politicians for causing a financial crisis.
President Barack Obama has hailed the passage through Congress of "far-reaching" financial reforms.
The Morrison government will fund $1.3 billion in wage subsidies for small businesses to keep apprentices employed in the face of the coronavirus outbreak.
Mr Basil Rajapaksa is the second from the influential family to step away from government after President Gotabaya Rajapaksa's elder brother, Mr Mahinda, resigned as prime minister last month amid a severe economic crisis.
Super funds are set to post the best three financial years of growth since the years just before the global financial crisis.
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