Business News Update Westpac has announced that its forecast for a November interest rate cut is “under review” following the Reserve Bank of Australia’s (RBA) decision yesterday. Westpac is the latest bank to abandon hope for an interest rate cut for borrowers this year. The RBA
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MHV News: Major Drop Hits Australian Stock Market The Australian stock market faced a significant downturn today, with the benchmark S&P/ASX 200 index dropping by 2.11%, closing at 7,943.2 points. This marks the ASX 200’s worst session since March 2023. Similarly, the All Ordinaries index fell
Xero, the popular accounting software, experienced a major outage starting on July 30, 2024. The outage affected a wide range of Xero’s core products and services globally, including the platform, settings, invoicing, billing, quotes, bank reconciliation, reporting, projects, fixed assets, contacts, and files. The issues led