Pay growth running faster than price rises Workers have logged another quarter of real wage growth that, thankfully, is not strong enough to push back interest rate cuts. AAP · Nov 12, 2024
Why Interest Rates Matter: Understanding the RBA’s Impact on Your Finances The Reserve Bank of Australia (RBA) plays a crucial role in shaping the financial landscape of the nation. By managing interest rates, it influences everything from mortgage repayments to savings returns. Understanding how these rates work and their implications for personal finances is essential for making informed financial decisions. inkl · Nov 11, 2024
Jobs market in focus as investors chew Trump triumph Donald Trump's return is having no immediate impact on central bank inflation outlooks but domestic jobs figures could change the calculus for the RBA. AAP · Nov 10, 2024
Fatima Payman calls for Israel sanctions and divestment at Melbourne rally – as it happened This blog is now closed The Guardian - AU · Nov 9, 2024
How will Donald Trump’s victory affect Australia’s economy? Here are some clues The biggest uncertainty – for shares, inflation and rates – is whether the president-elect acts on promises such as hefty tariffs, and how soon The Guardian - AU · Nov 7, 2024
No change to RBA forecasts after Trump election The re-election of Donald Trump as US president could have "adverse implications" for the Australian economy but it has not changed the RBA's view on inflation. AAP · Nov 6, 2024
February rate cut hopes hinge on jobs market softening The economic outlook has been downgraded as the big four banks' predictions of a February interest rate cut narrows. AAP · Nov 5, 2024
Bullock is sending a message to politicians: rate cuts or big spending promises – you can only have one The Reserve Bank governor’s comments show she’s in no hurry to bring relief to borrowers The Guardian - AU · Nov 5, 2024
Reserve Bank leaves interest rates on hold as Michele Bullock ducks questions on rate cut timing RBA’s decision to leave cash rate unchanged comes as underlying inflation remains above bank’s target range The Guardian - AU · Nov 5, 2024
US polls, RBA decision weigh on Australian shares The ASX200 has ended 0.4 per cent lower with financials and consumer stocks among the major losers. AAP · Nov 5, 2024
Watt confirms Labor considering releasing sealed section of robodebt report – as it happened This blog is now closed The Guardian - AU · Nov 4, 2024
RBA resists taking a punt on Melbourne Cup day rate cut The Reserve Bank has not gambled on a Melbourne Cup rate reduction, with punters left to ponder whether borrowers will receive a windfall before Christmas. AAP · Nov 4, 2024
Independent MPs cancel airline VIP memberships – as it happened This blog is now closed The Guardian - AU · Nov 3, 2024
Albanese pledges permanent free Tafe places – as it happened All the day’s news as it unfolded The Guardian - AU · Nov 2, 2024
AAP · Nov 2, 2024 RBA tipped to keep rates steady for 12th straight month Interest rates have been kept on hold for almost a year and are broadly expected to stay there until cuts start in early 2025, provided inflation keeps easing.
AAP · Oct 31, 2024 Household spending 'surprisingly soft' despite tax cuts Australians are still watching their pennies even as consumers report more confidence in the future state of their finances.
The Guardian - AU · Oct 30, 2024 Labor’s actions to lower inflation have worked – so why is the RBA unlikely to cut interest rates next week? Without the energy rebates, electricity prices would have fallen over the past year by 2.7% instead of 15.8%
The Guardian - AU · Oct 30, 2024 The RBA will likely hold interest rates – but are its calculations at risk of being overtaken by US election chaos? The first polls will be opening in the US not long after the RBA’s board meeting wraps up next Tuesday
AAP · Oct 30, 2024 Australian shares lower as rate drop hopes pushed back The ASX200 finished 0.8 per cent lower after a fall in headline inflation to within the Reserve Bank's target range failed to impress investors.
The Guardian - AU · Oct 30, 2024 Australia’s annual inflation sinks to 2.8%, the lowest rate in more than three years, increasing chance of rate relief Electricity prices fell by 17.3% in the latest quarter, while automotive fuel also fell 6.7%, increasing the chance of near-term interest rate reductions
The Guardian - AU · Oct 29, 2024 Attorney general considering releasing full robodebt report – As it happened All the day’s news as it unfolded
AAP · Oct 29, 2024 Australia's inflation down, but not out There were few surprises in the inflation read-out, with economists broadly of the view underlying price pressures should keep the cash rate on hold until 2025.
AAP · Oct 27, 2024 Inflation readout make or break for 2024 rate cut Important pieces of the economic puzzle will fall into place this week, starting with inflation and then spending data.
The Guardian - AU · Oct 26, 2024 Inflation may be about to hit a three-year low. Does that mean the cost-of-living crisis is over? Not really, because CPI is just one factor. A better measure of how we’re faring is household disposable income
The Guardian - AU · Oct 24, 2024 WiseTech shares surge after CEO stands down – as it happened This blog is now closed