Economists look to RBA minutes for clue on future rates Public appearances by Reserve Bank officials will be scoured for clues to where interest rates might be heading next and how they view the economy. AAP · Nov 17, 2024
It’s time for the RBA to admit its fears of a wage-price spiral were misguided – and cut interest rates It is quite infuriating now, as we look back with total hindsight at the Reserve Bank’s concerns The Guardian - AU · Nov 13, 2024
New Zealand joblessness jumps again to reach 4.8 pct Unemployment in New Zealand continues to steadily climb towards an expected peak of about 5.5 per cent in mid-2025. AAP · Nov 6, 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
Watt confirms Labor considering releasing sealed section of robodebt report – as it happened This blog is now closed The Guardian - AU · Nov 4, 2024
Turbulence over upgrades as MPs jet back to Canberra Ongoing turbulence from controversial flight upgrades is set to rumble the parliament sitting week before interest rates and the US election take centre stage. AAP · Nov 1, 2024
Inflation is sinking ever lower. Now that it’s official what’s the RBA going to do? Lower petrol prices and an electricity rebate have contributed to a further fall in the quarterly measure of inflation, the Consumer Price Index. The Conversation · 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. AAP · Oct 30, 2024
Attorney general considering releasing full robodebt report – As it happened All the day’s news as it unfolded The Guardian - AU · Oct 29, 2024
'Limited evidence' rate hikes passed on to renters: RBA Only a small fraction of higher interest costs are directly passed from indebted landlord to renter, fresh Reserve Bank of Australia research has found. AAP · Oct 17, 2024
It's not you: banking outages are taking longer to fix Digital payment services are under increasing pressure as Aussies ditch cash and they are mostly rising to the task, a Reserve Bank report has found. AAP · Oct 17, 2024
Hard-to-miss petrol pricing a 'proxy' for inflation Households are constantly reminded of the price of filling up and the Reserve Bank says that's why petrol plays an outsized role in expectations for inflation. AAP · Oct 15, 2024
RBA minutes to paint picture behind interest rate call More information on why the Reserve Bank chose to leave interest rates on hold for the seventh meeting in a row will be released on Tuesday. AAP · Oct 5, 2024
More borrowers falling behind but better days are ahead Some households are doing it tougher due to high inflation and interest rates but conditions are about to improve, a Reserve Bank of Australia report says. AAP · Sep 25, 2024
The Guardian - AU · Sep 25, 2024 Afternoon Update: inflation hits three-year low; BoM tsunami warning test prompts panic; and the legacy of Daria Inflation dived last month to its lowest rate in three years, but the Reserve Bank will wait for a more sustained drop before it starts cutting interest rates.
The Conversation · Sep 25, 2024 At 2.7%, Australian inflation is back within the RBA zone. Here’s why that matters A closely watched measure of Australian inflation dived in the month of August, plunging from 3.5% in July to just 2.7%.
The Guardian - AU · Sep 25, 2024 Australia’s annual inflation rate in August falls to lowest since 2021 at 2.7% Lowest CPI rate in three years but Reserve Bank will wait for more sustained drop before cutting interest rates
The Conversation · Sep 24, 2024 No RBA rate cut yet, but Governor Bullock is about to find the pressure overwhelming Who’d want to be Reserve Bank Governor Michele Bullock? On Tuesday she had to do the almost impossible: defend a decision not to cut interest rates at a time when they were being cut in just about every other major industrial nation.
AAP · Sep 23, 2024 Don't put money on rates relief soon, borrowers warned Mortgage-holders should not get their hopes up for near-term relief, says a hawkish Reserve Bank governor as the cash rate was again held at 4.35 per cent.
The Conversation · Sep 23, 2024 View from The Hill: The Greens’ demands on the RBA make for bad economic policy. Is it also crazy politics? When the Greens tell Labor they’re ready to negotiate, what they usually mean is they’re preparing to make populist demands that can’t or shouldn’t be met.
AAP · Sep 22, 2024 War of words over inflation as national debt dives Australia lags behind western nations in tackling inflation, the shadow treasurer says, as the Reserve Bank mulls whether to lower interest rates.
AAP · Sep 19, 2024 Impact of US rate cut in Australia remains to be seen Senior minister Bill Shorten says it's unclear how much of an impact the US Federal Reserve's interest rates cut will have on Australia's economy.
The Conversation · Sep 19, 2024 Grattan on Friday: US rate cut puts pressure on RBA - and things could get heated Reserve Bank Governor Michele Bullock might need her flak jacket when she fronts the media next Tuesday after the bank’s two-day board meeting.
The Conversation · Sep 19, 2024 Unemployment of 4.2% is a sign of RBA success, but it might not last. Here’s why Today’s news that an extra 47,500 Australians found work in August while the unemployment rate held steady at 4.2% is a sign of success for both the government and Reserve Bank.
The Conversation · Sep 17, 2024 View from The Hill: The Albanese government is feeling a lot of pain from pincers When a leader is on the back foot, small things are telling.