Official interest rates have been cut, but not everyone is a winner The Reserve Bank’s decision to cut interest rates for the first time in four years has triggered a round of celebration. The Conversation · Feb 19, 2025
Wages slowdown boosts case for more rate cuts Treasurer Jim Chalmers says ongoing growth in real wages is a good thing, but the RBA will be more encouraged that wage rises are showing signs of slowing. AAP · Feb 18, 2025
The Reserve Bank has cut rates for the first time in four years. But it is cautious about future cuts The Reserve Bank cut official interest rates on Tuesday, the first decrease in four years, saying inflationary pressures are easing “a little more quickly than expected”. The Conversation · Feb 18, 2025
Tight jobs market to keep inflation above target: RBA The Reserve Bank of Australia has pushed back its prediction for when underlying inflation will return to the midpoint of its target band. AAP · Feb 18, 2025
Slight relief for borrowers after RBA slashes rates The Reserve Bank's decision to cut interest rates by 25 basis points offers mortgage holders slight respite, but many are hoping for more substantial changes. AAP · Feb 18, 2025
Big bank clips rates as RBA mulls next move Strong retail spending figures are not expected to deter the Reserve Bank from cutting rates at its next meeting as one big bank lowers fixed-rate loans. AAP · Feb 3, 2025
View from The Hill: Chalmers claims ‘sustained progress’ against inflation, as government crosses its fingers for rate cut After Wednesday’s encouraging inflation numbers, the Albanese government – and the financial markets – would be shocked if the Reserve Bank doesn’t cut interest rates in February. The Conversation · Jan 29, 2025
Lower inflation in the December quarter boosts chances of an interest rate cut Australia’s headline inflation rate dropped to a three-year low of 2.4% in the December quarter, according to the Consumer Price Index, adding to pressure for an interest rate cut by the Reserve Bank as soon as next month. The Conversation · Jan 29, 2025
New Zealand inflation steady at 2.2 per cent At 2.2 per cent, inflation remains inside the Reserve Bank of New Zealand's target band. AAP · Jan 21, 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
Australian shares rally after news of easing inflation The ASX200 hit a four-week high after a report of cooling inflation raised hopes for Australia's first interest rate cut in four years. AAP · Jan 8, 2025
PM hits the road to an election with multi-state blitz The election year has begun with the prime minister making his first major promise as he embarks on a whirlwind cross-country crusade. AAP · Jan 5, 2025
Aussies shares inch higher in holiday-shortened trading The ASX200 finished a quarter of a per cent higher as traders digested Reserve Bank minutes indicating officials remain concerned about inflation. AAP · Dec 24, 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. AAP · Dec 22, 2024
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.
The Conversation · Dec 15, 2024 More spending and weaker revenue hits budget bottom line in some years: Chalmers Wednesday’s mid-year budget update will downgrade company tax receipts by $8.5 billion over the four years to 2027-28, and show “slippage’ in the bottom line in some years of the forward estimates, Treasurer Jim Chalmers says.
The Guardian - AU · Dec 10, 2024 Michele Bullock’s ‘wild ride’ at the RBA could spell trouble for Labor if interest rate cuts aren’t on the way Growth has slowed but employment is up – could the new year bring mortgage repayment relief?
The Guardian - AU · Dec 6, 2024 Lifeline has offered a solemn reality check. Money worries are high – so what will the government do? The economic picture that emerged this week reflects the pressures many Australians are facing – and the crux of the next election
The Conversation · Dec 5, 2024 Grattan on Friday: frustrated government can only bite its tongue as it waits on Michele Bullock As she reads the economic commentators, Reserve Bank Governor Michele Bullock might, in moments of doubt, wonder whether she’s making a similar misjudgement to her predecessor Philip Lowe.
The Conversation · Dec 2, 2024 Climate shocks and the economy: we asked South Africa’s central bank what role it plays in bringing stability Climate change poses economic and social risks which can affect the workings of the financial system – the complex interaction of financial institutions and markets. Central banks, as the custodians of stable financial systems and stable prices (low, stable and predictable inflation), have a responsibility to ensure that financial systems…
The Conversation · Nov 29, 2024 The Reserve Bank will now have a separate board just to set interest rates. Here’s why that’s significant On Thursday night, after a whirlwind day in Canberra, the Senate finally passed the federal government’s long-delayed amendments to the Reserve Bank Act.
AAP · Nov 28, 2024 Reserve Bank dual boards finally get green light Long-stalled Reserve Bank reforms have finally got the go-ahead, allowing the formation of separate monetary policy and governance boards.
The Guardian - AU · Nov 28, 2024 Senate moving through 31 bills in frantic end to year as Labor strikes deal with Greens Albanese government reliant on Coalition to pass three controversial migration bills and the under 16 social media ban