Australian dollar set to rise into 2025, experts say With the US Federal Reserve now seen as likely to aggressively cut interest rates in 2024, the Australian dollar could reach 70 US cents. AAP · Jul 12, 2024
Low inflation targeting is such a dubious idea. Why did the Reserve Bank adopt it in the first place? As we struggle with higher interest rates and unemployment, this is the price we have to pay to restore the ‘credibility’ of the RBA The Guardian - AU · Jul 2, 2024
Aust shares drop again as Reserve Bank talks rate hikes The ASX200 fell 0.4 per cent after Reserve Bank minutes indicated that a central bank's August meeting would be "live," with a chance for a rate hike. AAP · Jul 2, 2024
'No smoking gun' to hike rates though prices risks lurk The path to beat inflation without tanking the economy is getting narrower, the Reserve Bank of Australia confirmed in minutes from its last meeting. AAP · Jul 1, 2024
Sam Mostyn sworn in as governor general – as it happened This blog is now closed. The Guardian - AU · Jun 30, 2024
Fatima Payman admits she ‘upset a few colleagues’ by crossing the floor – as it happened Follow live The Guardian - AU · Jun 27, 2024
Can Australia’s borrowers dodge another interest rate hike? We’ll know more soon May’s inflation figures sent alarm bells ringing that the RBA would hike rates. But technically we are still on track for the central bank’s target The Guardian - AU · Jun 27, 2024
Australia’s inflation rises to 4%, stoking concern interest rates could increase again The consumer price index increased to its highest level in 2024, indicating the Reserve Bank is unlikely to cut interest rates soon The Guardian - AU · Jun 26, 2024
'Painful squeeze': inflation spike renews heat on rates Surprisingly strong inflation has resurrected the possibility of another interest rate hike in an unsettling development for squeezed borrowers. AAP · Jun 25, 2024
Inflation gauge to offer cold comfort for borrowers May consumer price data gives the Reserve Bank another glimpse of how interest rate levels are working to bring inflation to heel. AAP · Jun 23, 2024
Households are hurting. Savings are weak. The future’s uncertain. Is a rate cut near? While some like to suggest another hike is needed, the RBA is not so quick to dismiss the pain the economy is already feeling The Guardian - AU · Jun 19, 2024
Aust shares edge lower following RBA rate call hangover The ASX200 has closed 0.1 per cent lower as markets reflect on a hawkish undertone in the Reserve Bank's interest-rate decision. AAP · Jun 19, 2024
Inflation-wary Reserve Bank spells long wait for cuts Stalling progress on inflation has the central bank on high alert as political sparring continues over the impact of state and federal budgets on prices. AAP · Jun 18, 2024
What’s next for interest rates? Even RBA governor Michele Bullock admits she doesn’t know The central bank’s latest statement has some wondering if another rate rise is on the cards – but Bullock says the situation is ‘complex’ The Guardian - AU · Jun 18, 2024
The Guardian - AU · Jun 18, 2024 Treasurer touts ‘responsible’ 2024 NSW budget in tough economic times – but others will make that call Rating agencies and the RBA among those marking the treasurer’s handiwork which he says is focused on spending restraint
The Guardian - AU · Jun 18, 2024 Reserve bank leaves interest rate on hold at 4.35% with borrowers left waiting for relief RBA keeps cash rate steady amid stubborn inflation and an economy that has all but stalled
AAP · Jun 18, 2024 Australian shares soar amid RBA rate hold The ASX was up 1.01 per cent at the end of the day, with gains across the board as the Reserve Bank chose to hold off on changing interest rates.
Newcastle Herald · Jun 17, 2024 Debt-free borrowers earning $100k struggle to secure a 500k loan in Newcastle 'Every rate rise equates to around $20,000 less that you can borrow'.
AAP · Jun 17, 2024 Rates on hold yet inflation risks remain on RBA's radar The threat of inflation has not been neutralised and the Reserve Bank is still prepared to pull the trigger on another interest rate hike if needed.
AAP · Jun 17, 2024 Australian shares finish lower as RBA decides on rates The ASX200 has fallen 0.3 per cent, with losses for uranium producers and gains for goldminers, as investors await the outcome of the RBA's two-day meeting.
AAP · Jun 16, 2024 Stubborn economic challenges hang over RBA rates call A June interest rate meeting comes as the federal government defends its budget management in an economy facing slow growth and persistent inflation.
AAP · Jun 16, 2024 RBA likely to hold rates as price pressures loiter The Reserve Bank of Australia is expected to hold interest rates at 4.35 per cent and keep its options open on its next move.
AAP · Jun 14, 2024 Shares fall again to finish week down 1.7 pct The ASX200 finished Friday down 0.3 per cent in its third losing day out of the past four sessions.
The Guardian - AU · Jun 13, 2024 Australia’s unemployment rate dips to 4% as economy adds 40,000 new jobs Jobless rate eases as employers shrug off rising costs to keep adding to their workforces
The Guardian - AU · Jun 12, 2024 Obsessing over the inflation rate misses one key point: the economy is more than just how fast prices are rising Those who salivate over other nations’ interest rates with barely any care for people losing their jobs really need to think about their priorities