The Latest Breaking News from My Bui

Banks tip more hikes as spending surge adds to RBA woes

Three out of the four big banks are tipping the Reserve Bank to raise interest rates by November, with one forecasting a hike in a matter of weeks.

AAP · Aug 26

Fears grow for fourth rate hike after Australia sees higher-than-expected July inflation

ABS says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hike

The Guardian - AU · Aug 26

EV sales, air travel drive rebound in consumer spending

A surprisingly strong 0.8 per cent rise in household spending could indicate that interest rates aren't slowing the economy as fast as the Reserve Bank thinks.

AAP · Aug 4

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