IMF warns of long-lasting inflation in Australia, signals possible RBA rate hike in 2024

January 20, 2026

IMF warns of long-lasting inflation in Australia, signals possible RBA rate hike in 2024

The IMF warns Australia will face prolonged inflation above target. GDP growth forecast stays at 2.1%. Measles case confirmed in NSW; bushfire damages homes in Fleurieu peninsula.

Telangana to Auction 137 Open Land Plots in Thorrur, Kurmlaguda, and Bahadurpally from February 7

January 19, 2026

Telangana to Auction 137 Open Land Plots in Thorrur, Kurmlaguda, and Bahadurpally from February 7

Telangana’s Rajiv Swagruha Corporation will auction 137 land plots across three areas starting February 7. Buyers must pay earnest money before deadlines in February to participate.

Private Debt Collector for Australian Tax Office Pays No Corporate Tax Despite $100m Revenue

January 19, 2026

Private Debt Collector for Australian Tax Office Pays No Corporate Tax Despite $100m Revenue

Recoveriescorp, handling tax debt collections for the Australian Taxation Office, reported over $100 million revenue in 2025 but paid no corporate tax due to reported losses from high consulting fees and interest on loans. The firm secured $42.8m in government contracts while questions arise about its financial dealings.

Gold Prices in Kuwait Hold Steady at $4,595 After Volatile Week

January 19, 2026

Gold Prices in Kuwait Hold Steady at $4,595 After Volatile Week

Gold in Kuwait stays firm at $4,595 per ounce despite recent market swings. Prices gained 2.4% weekly, influenced by US economic data and easing geopolitical tensions.

IMF Warns Trade Tensions, AI Risks Threaten Global Growth Despite Steady Outlook

January 19, 2026

IMF Warns Trade Tensions, AI Risks Threaten Global Growth Despite Steady Outlook

The IMF says global growth is steady at 3.3% but warns of risks from trade tensions and a possible slowdown in AI-driven growth. It stresses the need for central bank independence to keep economies stable.