The Latest Breaking News from Sean Langcake

Interest rate cut tipped despite Trump tariff backdown

The Reserve Bank is widely expected to deliver a second interest rate cut as global trade uncertainty threatens to rain on Australia's economy.

AAP · May 18, 2025

Economists less confident of RBA rate cut than market

An AAP survey of 32 leading Australian economists has tipped the Reserve Bank to cut interest rates this week, but more than one in five remain unconvinced.

AAP · Feb 15, 2025

Public sector wages increase at second fastest pace in 14 years, ABS data shows

Private sector wages growth was up just 0.7% for the June quarter, the equal lowest since the end of 2021

The Guardian - AU · Aug 13, 2024

Immigration key to Australia avoiding a recession, unlike NZ

If Australia is lurching towards a recession like the one neighbouring New Zealand is now suffering, there were few signs of it on Thursday.

The New Daily · Jun 15, 2023

Australia’s unemployment falls to 3.6% as the economy adds 76,000 jobs in May

Employers expand workforces even as growth slows, surprising economists

The Guardian - AU · Jun 15, 2023

Economy slows to a crawl as consumers cut spending

Australia’s economy is slowing rapidly as families slash spending and raid their savings to deal with the cost of living crisis.

The New Daily · Jun 7, 2023

Economists warn worst is yet to come after June interest rates rise

The June interest rates hike might not be the last, either, with RBA boss Philip Lowe saying more may still be needed.

The New Daily · Jun 6, 2023

‘Razor’s edge’: Duelling futures for mortgage bills as RBA mulls June interest rates hike

The RBA will decide this week whether to raise mortgage bills for millions of Australian families again, or deliver a June reprieve and pause interest

The New Daily · Jun 4, 2023

‘Highly probable’: RBA tipped to hike interest rates in June after wage data

Economists are predicting another interest rates hike after wage growth rose in the March quarter, with risks around low productivity growth.

The New Daily · May 17, 2023

Wage data looms as key to another potential interest rates hike

The potential for another painful hike in interest rates is balanced on a knife’s edge ahead of crucial new wages growth data.

The New Daily · May 16, 2023