Unemployment rate hits 4.5pc, the highest level in post-COVID era
Australia’s unemployment rate keeps slowly drifting higher. Data show the national unemployment rate rose to 4.5 per cent…
Reserve Bank lifts interest rates by another 0.25pc to 4.35pc
The Reserve Bank has increased interest rates by 0.25 percentage points. The new cash rate target is 4.35…
RBA keeps rates on hold in December at 3.6pc, ‘uncomfortable’ with inflation at current level
The Reserve Bank of Australia (RBA) has left interest rates on hold at 3.6 per cent, with the…
If the RBA cuts rates this week, expect property prices to rise (again)
The RBA Board is meeting this week (on Monday and Tuesday) to discuss interest rates. It surprised markets…