Annual inflation hits 2.1pc in June quarter, down from 2.4pc in March
Inflation eased further in the June quarter, with consumer prices rising at an annual pace of 2.1 per…
International students have not driven rents and inflation higher, RBA says
The rapid growth in international student numbers post-pandemic has not been a major driver of higher rents and…
RBA governor Michele Bullock says unemployment jump would not have changed interest rate hold
Reserve Bank governor Michele Bullock says, despite last month’s surprise jump in the unemployment rate, the numbers matched…
RBA ‘made a mistake’ with shock interest rate hold, KPMG’s Brendan Rynne declares after unemployment rate rises in June
A leading economist has disagreed with the Reserve Bank of Australia’s recent decision to hold the cash rate…
ANZ bank joins NAB in cutting interest rates despite RBA hold: ‘Frustrating’
The RBA held the cash rate steady at 3.85 per cent this month, but banks have still been…
Unemployment rate rises to 4.3pc in June
Australia’s unemployment rate rose to 4.3 per cent in June, up from 4.1 per cent in May, with…