The economic outlook for 2027 is stark. Ordinary workers will wear the costs
A boss earning more than a million dollars a year urging staff to accept a pay cut. A…
RBA deputy warns inflation outlook ‘materially worse’ ahead of November meeting
Reserve Bank deputy governor Andrew Hauser says the inflation outlook is “materially worse” than the RBA had forecast,…
Coffee prices at some cafes rise 10pc after Reserve Bank imposes card surcharge ban
A ban on card surcharges has resulted in some cafe owners raising the price of their coffee. About…
Businesses finding workarounds to recoup surcharge fees banned by Reserve Bank
Despite the Reserve Bank’s sweeping reforms on credit and debit card surcharging, which is meant to save customers…
Western Sydney first home buyers hit hard by interest rate hikes, falling property prices
With half of his regular household income swallowed by mortgage repayments, new Western Sydney home owner Chris Shaw…
Leading economist Warren Hogan warns Australia needs to decide between lower government spending now or financial crisis later
A top economist has warned interest rates could continue to go “up and up” throughout 2027 if government…
The RBA has no choice but to hike rates as US currency crown slips
It is a phrase synonymous with American dominance, especially when it came to matters financial. In God We…
Trump’s war, migration cuts and AI pull interest rates in all directions
The Reserve Bank will increase interest rates on Tuesday for the fourth time this year, and what’s more,…
Michele Bullock’s final speech before RBA board meeting cements interest rate rise bets
All four major banks and the bulk of money market traders believe the Reserve Bank will raise interest…
Kenya pension funds shift Sh105bn offshore to cut domestic market risks
Kenyan pension funds are moving more retirement savings into global markets, with offshore holdings rising 25 percent in…
Housing affordability hits lowest rate on record despite recent falls in property prices
Housing affordability has fallen to its lowest rate on record, with households earning a typical income only able…
Inflation slows again in July but heightens risk of interest rate hike by RBA
Economists have warned that another interest rate hike by Australia’s central bank is a “live” possibility this year,…