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The Latest Breaking News from Stephen Koukoulas

Most experts think the RBA will hike the cash rate. Here’s why that may not be a good idea

There are factors beside inflation that the board needs to consider, most notably the labour market

The Guardian - AU

Rate cuts on horizon in mixed 2025 for the economy

Borrowers can expect cashflow relief from interest rate cuts in 2025, yet a further deterioration in the jobs market will also start to be felt.

AAP

Easing global inflation story takes pressure off rates

Moderating inflation around the world could help the Reserve Bank build the case for an extended pause on interest rates.

AAP

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read the most diverse news in one place.

The RBA has raised interest rates again. What does this mean for the economy in 2023?

Economists respond to the decision by the Reserve Bank to raise interest rates by 25 basis points to the highest level since the end of 2012

The Guardian - AU

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

Paul Bongiorno: Time overdue for a conversation about our welfare state

The penny is dropping even in the citadels of western capitalism that trickle-down economics is no longer fit for purpose – if it ever was.

The New Daily

Today's public holiday costs the economy almost $2 billion, as shops close and tradies down tools

Subbies are taking the day off without pay and shops are closing rather than paying staff extra wages. Cafes and restaurants that do stay open are often lumping the extra cost onto the consumer.

ABC News

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Queen public holiday: Australian business groups express concern over lost revenue and staffing disruptions

Industry bodies join medical association in criticising Albanese government over notice for national day of mourning after death of Queen Elizabeth

The Guardian - AU

Paul Bongiorno: Albanese discovers the pitfalls of juggling debt and the pandemic

Being in government is always a seat of the pants enterprise no matter that our political leaders try to convince us otherwise.

The New Daily

Homeowners warned to expect at least two further rate hikes as repayments soar

Cash rate predicted to rise again in August as the RBA attempts to bring down rising inflation

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