Consumer habits in the RBA spotlight How consumers and government agencies are spending their money will be closely watched by Australia's central bank as inflation bites. AAP · Nov 6, 2022
The Australian Greens say the Reserve Bank needs to be more democratically accountable The Australian Greens say the federal government's review of the Reserve Bank should re-imagine how monetary policy should work for the 21st century. ABC News · Nov 5, 2022
Can Labor provide cost-of-living relief without feeding inflation and interest rates? An expert panel responds Anthony Albanese says the government can’t afford to provide energy payments or other relief because to do so would put even more pressure on the RBA to raise interest rates – is he right? Three economists have their say The Guardian - AU · Nov 4, 2022
New Zealand the ‘kiwi in the coalmine’ as house prices slump and repayments rise World is watching as experts warn some borrowers could soon owe more than their house is worth The Guardian - AU · Nov 4, 2022
‘Wouldn’t want to trade’: Why Australia’s inflation battle pales in comparison to global woes Times are tough in Australia right now, but Reserve Bank boss Philip Lowe doesn’t think you’d want to be anywhere else. The New Daily · Nov 4, 2022
The Loop: Reserve Bank warns of tough years, bitter debate erupts over repatriation, Twitter staff await fate Get up to speed on today's headlines with The Loop. ABC News · Nov 4, 2022
Reserve Bank predicts inflation to peak at 8% – the highest rate since 1990 Interest rates will likely continue to rise to subdue inflation, bank’s quarterly statement says The Guardian - AU · Nov 4, 2022
Reserve Bank warns Australians to brace for tough years ahead to get inflation under control The Reserve Bank expects a couple of tough years for Australians, with real wages continuing to fall as inflation persists, economic growth slows and unemployment starts to rise. ABC News · Nov 4, 2022
Alan Kohler: Economists disagree on where interest rates are heading – shock It’s hard to recall a time when the interest rate forecasts of economists were as widely, and wildly, different as they are now. The New Daily · Nov 2, 2022
Now that Australia’s house prices are falling, does the RBA really need to raise rates yet again? The Reserve Bank is still on its quest to kill inflation, but what exactly still needs to be put to the sword? The Guardian - AU · Nov 2, 2022
What changes are banks making to interest rates? A flurry of banks have passed on interest rate rises to borrowers after the Reserve Bank increased the cash rate by 0.25 percentage points on Tuesday. ABC News · Nov 2, 2022
Interest rates have gone up again, pushing some Australian mortgage borrowers beyond their 'stress test' limits The latest rate hike by the Reserve Bank of Australia means mortgage borrowers have been pushed to the limits — and beyond — of their "stress test" buffer. ABC News · Nov 2, 2022
Morning Mail: RBA rate warning, thousands miss power bill rebates, four-day work week trial In today’s newsletter: more than a third of households could be losing out on crucial cost-of-living relief; Unilever staff to trial shorter week; and why the BMI index might be bad for you The Guardian - AU · Nov 1, 2022
Michael Pascoe: Innocent victims of the great inflation conundrum The Economics 101 picture the Reserve Bank paints of inflation fighting doesn’t tell anywhere near the full story. The New Daily · Nov 1, 2022
The Guardian - AU · Nov 1, 2022 Interest rates to keep rising as RBA warns it will do ‘what is necessary’ to curb inflation Reserve Bank governor Philip Lowe says half percentage point increases to cash rate possible if economic conditions do not improve
The Guardian - AU · Nov 1, 2022 Afternoon Update: More rate pain for borrowers; Gold Trip wins Melbourne Cup; and China unhappy with B-52 plan The Reserve Bank makes its inevitable inflation response. And most Australians don’t care about the cup
The Conversation · Nov 1, 2022 Why has the RBA raised interest rates for a record 7th straight month? High inflation – and worse is on the way Pushing up interest rates isn’t something the Reserve Bank does lightly.
The Guardian - AU · Nov 1, 2022 Australian borrowers hit again as RBA raises interest rates by 25 basis points to 2.85% Reserve Bank raises rates for seventh time in attempt to bring inflation under control
ABC News · Nov 1, 2022 Reserve Bank sticks to smaller interest rate hike despite inflation shock The Reserve Bank opts against a return to super-sized rate hikes, announcing a 0.25 of a percentage point rise on Melbourne Cup Day, with major banks starting to follow.
ABC News · Nov 1, 2022 Interest rate updates: RBA lifts cash rate by 0.25 of a percentage point to nine-year high of 2.85pc, NAB first to pass on — as it happened The Reserve Bank lifted interest rates for the seventh month in a row, taking the cash rate to 2.85 per cent — as it happened.
ABC News · Oct 31, 2022 ASX rises as Reserve Bank lift rates, Dow Jones posts biggest monthly surge in 47 years Australian shares post significant gains as the Reserve Bank of Australia lift rates, while Wall Street's industrial index, the Dow Jones, records its biggest monthly gain since 1976.
The Guardian - AU · Oct 31, 2022 Treasurer says inflation ‘number one challenge’ – as it happened This blog is now closed
The Guardian - AU · Oct 31, 2022 Morning Mail: voters want power bill help, Kohli in hotel security breach, a taxing question for Plibersek In today’s newsletter: a survey finds more than two-thirds of respondents want the government to intervene in energy market; Tanya Plibersek says she’d ditch tax cuts; and a flood rescue support package will be announced
ABC News · Oct 31, 2022 Australian home prices fall for six months in a row as interest rate rises bite Home prices have been dropping over the past six months as the Reserve Bank of Australia has raised interest rates from a record low in May to curb red-hot inflation. And with interest rates set to keep rising, more falls are expected.
ABC News · Oct 30, 2022 ASX rises ahead of the Reserve Bank's anticipated rate hike; Wall Street, global shares advance Australian shares rise, tracking overnight gains on Wall Street as investors await the Reserve Bank's interest rate decision due on Tuesday.