ACTU creating ‘blind spot’ for RBA, economist warns as the body withholds inflation expectations data after criticism
The peak body for unions has made a drastic move to secure higher wages and prevent future interest…
Key state blamed for Aussies economic woes
Former Victorian premier Daniel Andrews and his successor Jacinta Allan have been blamed for dragging the state’s economy…
Sydney and Melbourne record worst property auction clearance results in years
Sydney’s housing auction market has hit its weakest point in more than six years, while Melbourne recorded its…
Rate Cuts Are Dead. Inflation Is Sticky. Here’s 1 Type of Stock Built to Thrive in Exactly This Environment.
Forget rate cuts. They aren’t coming anytime soon. Instead, the probability of rate hikes is rising, based on…
Blockbuster US job gains ruffle Wall Street
The US economy added a forecast-beating 172,000 jobs in May, but there were few smiles on Wall Street…
Inflation: Major banks tip the national economy to slow
Growth in the Australian economy is expected to be flat when new data is released on Wednesday, but…
Australia inflation to fall in April but rate rises loom
Australia’s inflation rate will fall in April, thanks to the government temporarily pausing a tax excise, but it…
NAB makes major RBA rate hike call as unemployment rate jumps: ‘Balance of risks has shifted’
All of the Big Four banks expect the RBA will hold interest rates in June, but there could…
Japan’s wholesale inflation spikes on energy shock, bolsters case for June rate hike
By Leika Kihara TOKYO, May 15 (Reuters) – Japan’s wholesale inflation accelerated in April at the fastest pace…
Interest rates, inflation: Australia’s dollar jumps on rate hikes
Rising domestic interest rates have propelled the Australian dollar to a four-year high, delivering welcome news for overseas…
Interest rate rises push employed people and young families into mortgage stress
More than 65,000 Australians have contacted the National Debt Helpline in financial distress since the start of the…
Fuel expert warns Australian inflation could surge beyond big banks’ peak forecasts
Inflation will push beyond forecasts by Australia’s biggest banks as the costs of essentials are driven up by…