Finance

To help developing countries make sense of the multitude of funds and instruments available for climate finance a landmark website: www.climatefinanceoptions.org was launched today at the United Nations Climate Conference in Cancun.

Climate finance issues are high on the agenda in Cancun. The Climate Finance Options (CFO) web platform, envisioned as the go-to site for information on climate finance will help developing countries in their efforts to identify critical sources of funding to combat climate change.

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Highlights from the survey

Question 1: Asked to give the current rate of inflation, respondents gave a median answer of 3.9%, compared with 3.6% in August.

Question 2a: Median expectations of the rate of inflation over the coming year were 3.9%, compared with 3.4% in August.

Question 2b*: Asked about expected inflation in the twelve months after that, respondents gave a median answer of 3.2%, compared with 2.9% in August.

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after contracting for ten consecutive months, spending across Australia remained slow in October, according to the latest Commonwealth Bank Business Sales Indicator (BSI) released today.

The BSI, which tracks the value of credit and debit card transactions processed through Commonwealth Bank point-of-sale terminals,

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