Record-High Business Bankruptcies Exacerbate Strains in Australia's Economy
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#7272416b ver:0.29

Australia's economy faces challenges as business bankruptcies hit a 25-year high, highlighting a two-speed economy and intense cost pressures. Rising mortgage rates and sector-specific struggles contribute to the strain. Meanwhile, the US also sees a surge in corporate bankruptcies, with rising costs and uncertainty around interest rate cuts. Monetary policy remains unchanged, increasing the risk of economic downturn. #Australia #economy #bankruptcies #US #interestrates...

#newstr #BusinessBankruptcies #InterestRateCuts #Inflation #MortgageRates #Australia #UnitedStates 

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