Grocery price warning | Bank predicts no recession | Property prices turning?

2 hours ago The News Room

Coles says its under pressure from suppliers to lift shelf prices and while it is trying to absorb some costs, admits some prices will have to rise; ANZ CEO Nuno Matos says Australia can avoid a recession despite global uncertainties; Cotality says property price growth is easing and continuing to go backwards in Australia’s two biggest cities.

SBS News is Australia’s trusted news source for the latest news from Australia and across the world.

Subscribe to the SBS News YouTube channel: https://www.youtube.com/@SBSNews
Follow SBS News on Instagram: https://www.instagram.com/sbsnews_au
Follow SBS News on TikTok: https://www.tiktok.com/@sbsnews_au
Follow SBS News on X: https://www.twitter.com/SBSNews
Follow SBS News on Facebook: https://www.facebook.com/sbsnews
Apple News: https://trib.al/MTx0gUe

For the latest news, visit www.sbs.com.au/news

Network Terms & Conditions: https://sbs.com.au/terms
Privacy Policy: https://sbs.com.au/privacy
Feedback or complaints: https://sbs.com.au/complaints