
Rates set to rise, Aussie unis announce record losses, new world’s richest person
FEAR & GREED | Business News
• 20 min
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<p><strong>Monday 5 June 2023</strong></p>
<p><strong>Get set for another rate rise tomorrow after the Fair Work Commission announces a bumper pay increase for 2.6 million workers.</strong></p>
<p>Also today:</p>
<ul>
<li>Australian universities produce their worst ever financial performance, losing $1.3 billion</li>
<li>Auction clearance rates hit a new 18-month high</li>
<li>And there’s a reshuffle at the top of the world’s richest people</li>
</ul>
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