Media regulator finds against Optus | Subdued housing market | US Fed interest rates on hold
Australian Communications Media Authority alleges Optus Mobile breached two of its legal obligations more than one-thousand times.
Three consecutive interest rate rises this year — soaring fuel prices – and changes to property tax concessions that crimp demand for new loans. All making for a subdued housing market.
Surprise 7% lift in building approvals, after three months of falls.
The US Federal Reserve has kept interest rates on hold for a fifth time
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