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Will central banks cause a recession?

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1 year ago

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Major central banks are deep into their push to raising interest rates as inflation continues

 
Central banks are rising interest rates in a bid to kill off inflation.

Interest rates are one of the tools at the banks’ disposal. However, the end game remains clouded.

Some analysts have warned financial markets may be impacted along the way, as recession fears begin to loom large.

Anna Bligh is the CEO of the Australian Banking Association, who said interest rates are causing people to feel the pinch.

“When the price of money goes up, then the impact falls on mortgage holders and some of those will be landlords who pass that onto the rental market.

“People right now are doing everything they can to manage, and you can only do that for so long,” she said.

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Reports show that workplace mental health is at an all-time crisis point, demanding proactive strategies

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17 hours ago

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October 8, 2024

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As Mental Health Week highlights the urgency of action, businesses are being urged to shift their mindset from compliance to proactive mental health strategies.

As Mental Health Week highlights the urgency of action, businesses are looking to implement crucial forward actions to boost workplace resilience.

  • Mental Health Crisis: Workplace mental health and wellbeing are at a crisis point, demanding urgent action from businesses.
  • Costly Impact: Business owners and senior leaders recognise the financial strain mental health issues place on organisations, yet solutions remain unclear.
  • Leveraging Laws: Psychological safety laws offer a framework to reverse the costly impact of workplace mental health challenges.
  • Mindset Shift: A change in approach is required, viewing mental health regulations as opportunities for long-term, sustainable success rather than a compliance burden.

Sharné Lategan, Psychological Safety Expert and Growth Mindset Coach of Grow and Expand, joins to share her expert analysis into workplace physiology, bringing awareness during Mental Health Week. 

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Experts reveal AI’s impact on the retail experience in Australia

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18 hours ago

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October 8, 2024

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AI has become a game-changer for marketers and retailers in Australia, with many consumers reacting positively to AI integration in the retail environment.

 

Retailers are using AI to optimise inventory, personalise shopping, and improve customer service through advanced chatbots.

Shoppers now enjoy personalised recommendations and seamless online shopping experiences.

Predictions suggest more personalised experiences and smarter shopping platforms within the next 12 months.

Will Wilson, RVP of Sales APJ at SAP Emarsys joins to share his insights into how AI is streamlining success on a large scale.

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Trump makes a fiery return to the site of an attempted assassination

Published

22 hours ago

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October 8, 2024

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Donald Trump makes a fiery return to the site of an attempted assassination in Butler, PA, alongside billionaire ally Elon Musk.

The former President returned to the critical battleground state — which marks the site where he was struck in the ear by a bullet on July 13 and nearly assassinated.

The rally comes one month before the Nov. 5 election.

Powerful ally, Elon Musk, the CEO of Tesla and SpaceX as well as the owner of social media platform X spoke at the rally.

It was his first time at a Trump campaign event since he endorsed the former president after the assassination attempt on July 13th. #featured #trending

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