Hope builds for possible end to interest rate hikes The Reserve Bank will be hogging the limelight this week with a nail-biter cash rate call and a public appearance from the governor Philip Lowe. AAP · Apr 2, 2023
‘Once-in-a-generation opportunity’: why the RBA is under review – and what happens next? Explainer: Report’s recommendations on the central bank are due out this month. Here’s what you need to know The Guardian - AU · Apr 1, 2023
Michael Pascoe: RBA has already made the case for stopping its rate rises The Reserve Bank board minutes released on March 21 made a show of officially agreeing “to reconsider the case for a pause at the following meeting, The New Daily · Mar 30, 2023
Lenders cut fixed rates as Reserve Bank decision looms More than 10 lenders have cut fixed interest rates in the past 10 days, with ING moving to slash its offerings ahead of the Reserve Bank's next interest The New Daily · Mar 30, 2023
Treasurer Jim Chalmers backs lift in pay rates ahead of minimum wage review, as unions push for pay rise to match inflation Treasurer Jim Chalmers says a coming minimum wage review should not allow the lowest-paid workers to fall further behind, saying minimum wage earners are not driving inflation. ABC News · Mar 29, 2023
Legislative changes could be coming to RBA: Treasurer The Reserve Bank could be facing legislative changes under a review, due to be handed to Treasurer Jim Chalmers on Friday. The New Daily · Mar 29, 2023
The Reserve Bank doesn't need an overhaul, Australia needs fairer policies, says former governor Former governor Bernie Fraser says the Reserve Bank of Australia's attempt to improve the welfare of all Australians has been undermined by decades of neoliberalism. ABC News · Mar 29, 2023
ACTU calls for ‘survival increase’ in wages of 7 per cent Australian unions are pushing for a "survival increase" in the minimum wage as inflation and the cost of living crush lowest-paid workers. The New Daily · Mar 29, 2023
Afternoon Update: all eyes on RBA as inflation slows; Hillsong founder’s DUI charge; and amateur prospector’s $250,000 find Annual inflation rate dropped in February to 6.8% – the slowest pace since June last year The Guardian - AU · Mar 29, 2023
Australia’s annual inflation rate falls to 6.8% fuelling hopes cost of living pressures are easing Figures indicate Reserve Bank may consider pausing interest rates at its next meeting on Tuesday The Guardian - AU · Mar 29, 2023
Inflation slows ahead of crunch interest rates decision Inflation has moderated to 6.8 per cent in the 12 months to February, down from 7.4 per cent in January. The New Daily · Mar 29, 2023
Thorpe votes with Coalition on Indigenous land council inquiry – as it happened This blog is now closed. The Guardian - AU · Mar 28, 2023
Labor's values unchanged on minimum wage rise Australia's lowest-paid workers may be in line for a pay rise that keeps up with living costs as the government's position on the minimum wage takes shape. AAP · Mar 28, 2023
50-50: RBA mulls rate hike as retail sales slow Australians are spending less time at the shops as sky high inflation and rapidly rising interest rates eat into retail sales. The New Daily · Mar 28, 2023
AAP · Mar 28, 2023 QR codes could unlock lower-cost payments, says RBA The Reserve Bank wants to drive down retail transaction costs by fostering competition and innovation, with QR-code based transactions one option on the table.
ABC News · Mar 28, 2023 Australian banks are boring, scrutinised … and safe, says APRA boss In his first public speech, the chair of bank, insurance and super regulator APRA moves to reassure Australians that our banks are safe amid the recent turmoil on global financial markets.
AAP · Mar 26, 2023 Final data coming to inform next RBA rates decision Retail sales data and the monthly consumer price index will offer some insights into spending behaviour and the likely trajectory for inflation.
The Guardian - AU · Mar 24, 2023 Australian banks predict another interest rate rise despite hopeful investor outlook Big four banks believe RBA will lift cash rate by at least another 25 basis points though many predict rises are close to a peak
The New Daily · Mar 23, 2023 Household wealth sinks by $57 billion while consumer confidence takes a dive Australians are expected to spend less on big ticket items like cars and furniture as household wealth plunges amid sky high inflation.
The Guardian - AU · Mar 23, 2023 Will the RBA follow the US Fed in lifting interest rates despite banking turmoil? Unnerved by a looming financial crisis, the US central bank has raised rates. Will Australia follow suit?
The Guardian - AU · Mar 21, 2023 Afternoon Update: US to release intel on potential Covid-Wuhan lab links; RBA considering rate pause; and London’s ‘racist’ police Plus: the Nationals’ ‘shocker’ vaping idea
The New Daily · Mar 21, 2023 RBA hints at rates pause amid ‘economic uncertainty’ Australian mortgage holders might finally be in for a reprieve on interest rates, with the RBA indicating it will consider a pause in hikes.
AAP · Mar 20, 2023 Reserve Bank leaves rates pause in play for April The minutes from the central bank's board meeting suggest the bank is getting closer to a pause so it can assess the full impact of sharp interest rate hikes.
The New Daily · Mar 20, 2023 RBA urges calm as markets extend losses after Credit Suisse bailout Australian markets have plunged again as the bailout of European banking giant Credit Suisse rattles confidence in the global bank system.
The New Daily · Mar 20, 2023 Mortgage pain looms with ‘sizeable jump’ in costs as fixed-rate loans end Much of the mortgage pain driven by interest rate hikes has yet to be felt by households, with about half of the impact still set to flow.