Australia’s inflation rate jumps to 4%, putting an RBA rate rise back on the agenda A key measure of inflation has jumped, climbing to 4% in May after edging up from a recent low of 3.4% in February. The Conversation · 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
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
Please stop obsessing over words. It’s quite simple: the RBA thinks inflation is too high These days every word of every statement from the Reserve Bank Governor Michele Bullock is pored over in minute detail – as is every word uttered at her press conference after each Reserve Bank board meeting. The Conversation · 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
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. AAP · Jun 18, 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 17, 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 16, 2024
No interest rate relief predicted this year, major bank tells mortgage holders ANZ first big bank to push prediction of Reserve Bank interest rate cut into 2025 The Guardian - AU · Jun 11, 2024
Lending to property investors jumps amid rising rents A pick up in investor lending and housing-related loans more generally comes even as interest rates stay elevated and cuts remain in the distant future. AAP · Jun 5, 2024
When Michele Bullock tells us she’s not for turning in fighting inflation we should believe her The RBA governor is reminding everyone that her mandate covers not just inflation, but also full employment The Guardian - AU · Jun 5, 2024
7 graphs that show economic growth near zero as Australia waits for a budget boost The Australian economy came close to a standstill in the first three months of this year. March-quarter economic growth sank to just 0.1%, meaning that, when adjusted for inflation, there was hardly any more income, spending or production than the quarter before. The Conversation · Jun 5, 2024
Reserve Bank keeps options open on interest rates Interest rates could go higher again if inflation proves stickier than expected or moves higher, the head of the Reserve Bank of Australia says. AAP · Jun 5, 2024
Dynamite News · May 30, 2024 RBI's balance sheet rises 11 pc to Rs 70.47 lakh cr in FY24 The size of Reserve Bank's balance sheet increased by 11.08 per cent to Rs 70.47 lakh crore as on March 2024, leading to the highest-ever dividend payout to the government. Read further on Dynamite News:
The Conversation · May 26, 2024 Top economists give budget modest rating and doubt inflation will fall as planned Asked to grade Treasurer Jim Chalmers’ third budget on his own criteria of delivering on “inflation in the near term and then growth in the medium term”, most of the 49 leading economists surveyed by the Economic Society of Australia and The Conversation have failed to give it top marks.
AAP · May 20, 2024 Consumer spending the wildcard in rate hike uncertainty The spending appetite of consumers remains a key source of uncertainty for the Reserve Bank as the battle against inflation rages.
The Guardian - AU · May 20, 2024 Guardian Essential poll: $300 energy rebate shouldn’t go to high-income households, voters say Poll finds lukewarm response to Labor’s 2024 budget, with only 27% of people thinking it will make a ‘meaningful difference’ to the cost of living
AAP · May 19, 2024 Rationale behind RBA's last cash rate call on show The minutes from the last Reserve Bank meeting will outline the thinking behind keeping rates on hold and how seriously the case to hike was considered.
The Conversation · May 16, 2024 At the heart of the budget is the sad truth the economy is weak. That’s one reason inflation will fall A central focus of this week’s budget is the treasury’s forecast for inflation.
AAP · May 12, 2024 Government defends faster inflation fall than RBA Inflation will be back within the Reserve Bank's target range a year earlier than the bank has predicted, based on government budget figures.
AAP · May 7, 2024 RBA interest rate hold prompts stock upswing The ASX200 finished up across the board after the Reserve Bank elected to hold fire on raising interest rates despite fears of lingering inflation.
AAP · Mar 30, 2024 Reserve Bank's shift to neutral likely to be reinforced The central bank will be in the spotlight this week, when high ranking officials give policy speeches and the minutes of the last rates meeting are released.
Newcastle Herald · Mar 25, 2024 We're cashing out. The consequences are real for us all Australia is cashing out. And the consequences are real.
The Guardian - AU · Mar 19, 2024 RBA’s Michele Bullock sticks to narrow path as she plots course to a soft landing The central bank’s governor warned Australians will get sick of her repeating that she won’t rule anything in or out as she tries to tame inflation