Ag production heads to $100b; retail rises but no rate cut; Citi’s trillion dollar mistake

Wednesday 5 March 2025

The value of agricultural production in Australia heads towards $100 billion, but the shadow of tariffs looms large. 

And more, including:

• Retail sales jump as the Reserve Bank warns there’s no certainty about another interest rate cut. 
• And local insurance stocks get hit as cyclone Alfred heads towards south-east Qld and northern NSW. 
• Plus Citigroup’s trillion dollar mistake and Donald Trump cuts military aid to Ukraine.

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