Risk of 'imminent' #RBA rate hike rising, as Australian #doller moves above 66 US cents - as it happened
A leading economist says the "risk" of an "imminent" RBA interest rate hike is "rising", as new ABS data show households loosened their purse strings in October.
This and, now, several banks forecasting more than one interest rate hike next year has seen an Australian bond #sell -off.
The stronger official spending data also pushed the Australian dollar above 66 US cents.
While former treasurer peter Costello is urging Australia to arrest its fertility #downturn .
#USGDPUpdate #USCryptoStakingTaxReview
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