Guardian Essential poll: more voters blaming Albanese government for interest rate rises However poll shows majority back Labor’s plan to cap international students enrolments in tertiary education The Guardian - AU · Sep 9, 2024
Despite all the doom and gloom on Australia’s economy, could the worst be behind us? We hear about the ‘weakest growth in decades’ and being ‘smashed’ by the RBA, but positive tidings abound – if you want to look for them The Guardian - AU · Sep 7, 2024
Landlord's market as property investor lending swells Lending to investors continues to lead the charge and outpace home loans taken out by owner-occupiers. AAP · Sep 5, 2024
No interest rate cut in the near term and you may have to sell your house: key takeaways from RBA governor’s speech Selling would be bad news for struggling homeowners, but Michele Bullock likely thinks a long period of high inflation would be worse The Guardian - AU · Sep 5, 2024
Severe weather warnings for parts of NSW and Victoria – as it happened This blog is now closed The Guardian - AU · Sep 4, 2024
Fading economy yet to unlock rate cuts for watchful RBA The economy might be slowing but the Reserve Bank chief wants inflation to moderate further before opening the door to interest rate cuts. AAP · Sep 4, 2024
Now the Australian economy is on its knees, will the RBA finally start cutting interest rates? So far we have not gone into recession – but only because our population has grown and the government has kept spending The Guardian - AU · Sep 4, 2024
Economy stuck in slow lane as households tighten belts The Australian economy is barely growing as higher borrowing costs and inflation keep a lid on household consumption. AAP · Sep 3, 2024
Australia is about to get an economic health check. What do GDP figures mean and why are they important? The numbers could mark the nadir in gross domestic product performance, while the RBA watches closely for cues to help time an interest rate cut The Guardian - AU · Sep 3, 2024
Gloomy growth, interest rates sore points for Treasurer The economy is stuck in the slow lane and Treasurer Jim Chalmers says that's by design, with higher interest rates necessary to tame inflation. AAP · Sep 2, 2024
After working for the RBA for 30 years, here’s how I’d make it more accountable How can we tell if the Reserve Bank of Australia – which sets the interest rates that shape our national and household budgets – is doing a good job? The Conversation · Sep 2, 2024
Economy yet to turn a corner as higher rates bite Australia is expected to post its slowest annual economic growth rate outside of the pandemic lockdowns since the 1990s as inflation persists. AAP · Sep 1, 2024
Politics with Michelle Grattan: Reserve Bank’s Andrew Hauser says don’t read too much for Australia from US rates message Inflation remains top of mind as the Reserve Bank of Australia continues to keep interest rates on hold at a time when the United States Federal Reserve signals that it will start cutting rates. The Conversation · Aug 30, 2024
The Guardian - AU · Aug 28, 2024 Unemployment is rising and Australia’s economy is weak – but don’t hit the recession alarm just yet Are we headed for a recession? The answer is complex – although for young people it already feels like one
AAP · Aug 23, 2024 Door opens for long-delayed Reserve Bank reforms The federal treasurer has shifted on key opposition demands in order to secure support for changes to modernise and strengthen the Reserve Bank.
The Guardian - AU · Aug 21, 2024 The horror, the horror: banks are having to compete for our business by offering better rates Don’t buy the banks’ sob story. They are annoyed Australians are becoming more savvy at shopping around for better deals for their home loans
AAP · Aug 19, 2024 Rate-cut hopes hit brick wall as RBA cements stance Borrowers are being warned to not bank on any short-term relief on their mortgages as the RBA talks down hopes of an interest rate cut in 2024.
AAP · Aug 18, 2024 Meeting minutes to show RBA dancing to its own beat Markets will turn their attention to the Reserve Bank's latest board meeting minutes but they might be better off looking further afield for new insights.
The Guardian - AU · Aug 18, 2024 Australia’s productivity riddle – and what it might mean for interest rates Michele Bullock keeps telling us productivity is flatlining. How it changes may well determine if the Reserve Bank will tolerate wage rises beyond 3%
The Guardian - AU · Aug 16, 2024 RBA downplays role of government spending in stoking inflation Governor Michele Bullock cites consumer spending and China’s slowdown as bigger influences on Australia’s economic trajectory
AAP · Aug 15, 2024 Building costs in the frame for ongoing housing crisis The Reserve Bank says it is closely monitoring the housing shortage, but dismisses reports a construction union is to blame for escalating costs.
AAP · Aug 15, 2024 Australian shares notch up five-day winning streak The ASX200 rose 0.2 per cent, despite a mixed labour market report that could keep domestic interest rates on hold through 2024.
The Guardian - AU · Aug 15, 2024 Australia’s unemployment rate rises to 4.2% in July, even as employers add more than 58,000 jobs Latest data reported by the ABS dims chances of a near-term RBA interest rate cut
The Guardian - AU · Aug 14, 2024 The RBA and its critics claim Australia’s economy needs to be slowed down. But the data shows both are wrong Treasurer Jim Chalmers is right to argue the economy is already slow enough