The Latest Breaking News from David Plank

Alan Kohler: Economists disagree on where interest rates are heading – shock

It’s hard to recall a time when the interest rate forecasts of economists were as widely, and wildly, different as they are now.

The New Daily · Nov 2, 2022

Inflation surge dents consumer confidence

Consumer confidence is likely to fall further after Tuesday's rate hike, having already slumped to levels last seen during the early stages of COVID lockdowns.

AAP · Oct 31, 2022

Consumer confidence highest since June

Consumer confidence lifted last week despite expectations of a fifth consecutive interest rate hike in September.

AAP · Sep 6, 2022

The cost of living is surging, so why will the RBA add to it by raising interest rates?

The Reserve Bank is increasingly likely to start raising interest rates next Tuesday. But why would it add increased interest costs to household budgets at a time when Australians are struggling with a surging cost of living? Michael Janda explains the economics behind it.

ABC News · Apr 28, 2022

‘People are spooked’: Australia’s January consumer confidence sinks to three-decade low over Omicron

As Covid cases surge Australians are avoiding spending, despite 2021 ending on an economic high

The Guardian - AU · Jan 18, 2022