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The Latest Breaking News from Matthew Hassan

Fourth Australian interest rate rise more likely if Trump’s Iran conflict not resolved within a week

Economists warn continued airstrikes could push oil prices beyond US$100 a barrel, increasing chance of further RBA rate hike

The Guardian - AU

RBA's stagflation nightmare: prices up, confidence down

RBA's stagflation nightmare: prices up, confidence down

Consumer and business confidence has taken a dive following the Iran conflict, highlighting the Reserve Bank's dual fears of falling activity and rising prices.

‘Stagflationary shock’ from Iran war a ‘nightmare’ as confidence crashes among Australian households

‘Stagflationary shock’ from Iran war a ‘nightmare’ as confidence crashes among Australian households

Weakened economic activity, soaring fuel prices and rising inflation have created a horror scenario, RBA deputy governor says

The Guardian - AU

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read the most diverse news in one place.

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Consumer confidence dips as households slowly recover

Years of lost purchasing power is still weighing on Australian households as the steady recovery in consumer confidence stalled in September.

RBA ready to use rapid-fire rate cuts if Trump policies rattle Australia’s economy, minutes reveal

Reserve Bank vetoed a 50 basis point cut in cash rate last month, but is willing to take such action if global economy demands it

The Guardian - AU

Dutton weighs in on RBA amid banana price rise warning

Floods in Australia's north are expected to cut economic output and nudge up banana and sugar prices, as the opposition weighs in on a forecast rate cut.

Consumer confidence rebound wobbles following Trump win

The recovery in consumer confidence is gathering steam despite a blip following the United States election result last week.

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Jobs bright spot for consumers as economy teeters

Jobs bright spot for consumers as economy teeters

Consumer sentiment has been tracking at low levels for two years and is showing few signs of material improvement.

False start to rebound in consumer sentiment

False start to rebound in consumer sentiment

Surveying of consumers has captured nervousness about the state of the economy in the next 12 months, reflecting news coverage of sluggish growth.

Australian shares lift to move back above key marker

Australian shares lift to move back above key marker

The ASX200 rose 0.8 per cent to climb back above the 7,000 level amid strong gains by the energy and mining sectors.

Consumers, businesses still wary about the future

Consumers, businesses still wary about the future

Consumer confidence has taken a hit after another round of interest rate pain, with businesses also cautious about the outlook despite economic resilience.

Heated inflation figures put rate hike firmly in play

Heated inflation figures put rate hike firmly in play

The Reserve Bank may be forced to lift interest rates again as fresh inflation data suggests the fight is not yet over.

Households buckle under pressure, retail sales plunge to three-decade low

Households buckle under pressure, retail sales plunge to three-decade low

First annual fall in retail sales volumes since 1991, except for pandemic.

The Canberra Times

All signs point to lower economic growth than usual

All signs point to lower economic growth than usual

The national economy is tracking toward a contraction in activity, with the patchy performance expected to continue into next year.

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50-50: RBA mulls rate hike as retail sales slow

Australians are spending less time at the shops as sky high inflation and rapidly rising interest rates eat into retail sales.

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