Morning, it’s Harry right here together with your Wednesday obtain.
Today’s must-reads:
• Top three inflation drivers are past RBA’s management
• Fortescue continues to be a staunch China financial system cheerleader
• Treasury Wine forks out for luxurious California label
Australian inflation is being pushed by local weather change, geopolitical shocks and authorities insurance policies — components sometimes past the RBA’s management, boosting the probabilities of extra financial tightening as quickly as subsequent week. Meanwhile, Citi’s home economics group is fielding questions from purchasers about “possible political pressure” on the central financial institution. In New Zealand, the RBNZ mentioned the total influence of its charge hikes continues to be to be seen.