Australia’s underlying inflation rate falls to 3.2% to bolster case for RBA rate cut next month Consumer price index dropped to 2.4% in December quarter, according to ABS figures released on Wednesday The Guardian - AU · Jan 29, 2025
Inflation figures to ‘make or break’ the case for an Australian pre-election February rate cut Release of December quarterly CPI may be the most politically consequential set of numbers in recent times The Guardian - AU · Jan 28, 2025
Crucial inflation readout to determine RBA rate call Mortgage relief could be just around the corner if predictions of a faster-than-expected fall in price growth are borne out in ABS data released on Wednesday. AAP · Jan 26, 2025
Why the RBA should rethink key inflation assumption The strength of Australia's labour market has kept the Reserve Bank from cutting interest rates but growing evidence suggests it's not as crucial as thought. AAP · Jan 16, 2025
Australia’s unemployment rate rises to 4% but uncertainty now lingers over expected RBA cut The jobless rate in December was 4%, according to the Australian Bureau of Statistics The Guardian - AU · Jan 16, 2025
Experts put money on early rate cut as spending slides A decline in spending on household goods has bolstered hopes of an RBA rate cut, which would help boost dour consumer sentiment. AAP · Jan 14, 2025
Australia’s economy was the envy of the world. Now it’s falling behind After record-breaking streak of growth, Australia is lagging behind its peers amid cost-of-living and productivity woes. Al Jazeera · Jan 14, 2025
As dollar dips towards 60c, tariff threat may Trump all The Aussie dollar is edging closer to the psychologically significant 60 US cents barrier and Donald Trump could determine whether it crashes through in 2025. AAP · Jan 13, 2025
Australia's bullet-proof jobs market put to the test Even with restrictive interest rate settings and inflation battering the economy, Australia's labour market has proved surprisingly resilient. AAP · Jan 12, 2025
Movie-goers, bargain hunters boost discretionary spend Australians spent more on new cars, movie tickets and discounted clothes and household goods in the month leading up to the Christmas period. AAP · Jan 10, 2025
Don’t panic – despite the headlines, the Aussie dollar isn’t crashing While our currency is lower than it’s been for a while, there is no sense of a crash. The RBA’s focus should be on the domestic economy and rate cuts The Guardian - AU · Jan 8, 2025
Black Friday spurs spending but full figures fall short Consumer spending is past its weakest point but still subdued, despite a spike in activity from annual promotions in November. AAP · Jan 8, 2025
Early rate-cut hopes alive as core inflation eases Hopes of a February interest rate cut have been rekindled as core inflation subsides, though the strong jobs market might prove a roadblock. AAP · Jan 7, 2025
Inflation, retail sales kick off 2025 economic calendar The new year is off to a big start on the economic front with new inflation and retail sales figures due to be released. AAP · Jan 4, 2025
The Guardian - AU · Jan 2, 2025 Why is the Australian dollar falling – and what does it mean for interest rates, travel and the economy? Trump’s higher tariffs and any resulting weakness in China would keep the Aussie under pressure, economists warn
AAP · Dec 31, 2024 Rate cuts on horizon in mixed 2025 for the economy Borrowers can expect cashflow relief from interest rate cuts in 2025, yet a further deterioration in the jobs market will also start to be felt.
The Guardian - AU · Dec 31, 2024 Eyes on the poll: five themes that will mark Australia’s politics in an election year As Albanese rushes to regain his mojo in the face of a sliding approval rating and the world prepares for Trump 2.0, what can voters expect?
The Guardian - AU · Dec 25, 2024 Upturn or uncertainty: decoding Australia’s 2024 economy and what it means for you next year Despite jobs growing and interest rates tipped to drop, a variety of factors mean the economy could be tested soon
AAP · Dec 23, 2024 RBA says rate cuts coming soon, IMF warns on inflation The Reserve Bank's interest rate settings are appropriate but the battle against inflation is not yet won, a check-up of Australia's economic health has found.
AAP · Dec 22, 2024 Watching for doves in Reserve Bank's Christmas reveal A dovish tilt was detected in the Reserve Bank's last post-meeting comments, so traders will hope for more traces of an upcoming rate cut in its board minutes.
The Guardian - AU · Dec 18, 2024 Five things Myefo tells us about the state of the Australian economy The economy’s rebound won’t be as strong as anticipated and more government rebates seem to be pencilled for the coming year
The Conversation · Dec 16, 2024 Chalmers unveils new look Reserve Bank, with women in the majority on both its boards A person with long experience in the financial services sector, Marnie Baker, and a distinguished academic economist, Renée Fry-McKibbin, have been appointed to serve on the Reserve Bank’s new monetary policy board:
The Guardian - AU · Dec 16, 2024 Jim Chalmers reveals two appointments to Reserve Bank’s new board tasked with setting interest rates Renée Fry-McKibbin and Marnie Baker will sit on the RBA’s new board, which follows the government’s reform of the central bank
AAP · Dec 16, 2024 The women who could soon influence your mortgage Two new faces will serve on the Reserve Bank of Australia's rate-setting board, with the government defying calls from the coalition for continuity.
AAP · Dec 15, 2024 Mining export slump puts federal budget in the doldrums Economic headwinds from China has sparked a major downgrade to Australia's budget position, limiting the government's ability to support struggling households.