Commonwealth Bank issues stark warning for Australian economy in 2026: ‘Expect more price pressure’
Commonwealth Bank’s chief economist says borrowers should prepare for the potential of rate hikes in the new year.…
Information Technology Leads Selloff; Healthcare Bucks Downward Trend
MT Newswires -Shutterstock The healthcare sector was the only one in the green, gaining just 0.2% at midday…
‘One more’ rate cut on the cards, AMP economist My Bui forecasts, despite unemployment falling to 4.3 per cent in October
The Reserve Bank of Australia has “room for one more” interest rate cut this cycle despite the release…
Australia’s unemployment rate slips to 4.3 per cent
Australia’s unemployment rate declined to 4.3 per cent in October, down from 4.5 per cent in September, in…
IMF economists say inflation targeting hasn’t performed brilliantly in recent years
A new working paper from the International Monetary Fund (IMF) has found something fascinating. It says the 2022…
Reserve Bank of Australia holds cash rate on Tuesday in a blow to millions of Aussie mortgage holders hoping for relief
The Reserve Bank of Australia has kept the cash rate on hold at 3.6 per cent and lifted…
Why Michele Bullock is relieved she is keeping rates on hold
If Charles Dickens were around today and contemplating a novel on the state of world affairs, he may…
Shock RBA interest rate cut claim as Big Four banks reveal latest predictions: ‘They weren’t expecting’
The major bank’s expect the RBA will hold interest rates following hotter-than-expected inflation figures this week. (Source: AAP/Yahoo…
When is the RBA meeting next? When will interest rates go down?
The Reserve Bank of Australia’s (RBA) Monetary Policy Board is meeting next week to make a decision on…
Annual inflation surges to 3.2pc in September quarter, up from 2.1pc in June
Inflation has surged in the September quarter with consumer prices rising at an annual pace of 3.2 per…
A higher-than-expected inflation figure would put the Reserve Bank in quite a spot
It is hard to overstate the importance of a single number to be published by the nation’s number-crunchers…
Homeowners told to ‘take notice’ as Westpac, Bankwest and others cut interest rates ahead of RBA meeting
Homeowners could score an interest rate cut before Michele Bullock and the RBA hand down their November decision.…