EPISODE · Nov 28, 2024 · 6 MIN
Michele Bullock warns on inflation risk; Queensland icon RACQ swallowed up in takeover deal
from Peter Ryan_ABC News Soundcloud · host Peter Ryan
Reserve Bank governor Michele Bullock has warned underlying inflation is still too high to consider interest rate cuts. Also, insurance giant IAG has swallowed up the insurance arm of Queensland icon RACQ in a deal worth $855 million. But IAG boss Nick Hawkins tells ABC’s Peter Ryan the RACQ brand will be maintained and there’ll be no job cuts.
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Michele Bullock warns on inflation risk; Queensland icon RACQ swallowed up in takeover deal
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