Is the Reserve Bank’s blunt tool fit for purpose?
Time for a rethink on the mandate for taming inflation, argues Bernard Hickey. The last couple of rate…
‘Not normal’: Auction market plummets to fresh low amid house price correction in Sydney and Melbourne
Property vendors are being warned to abandon “hope” for “realism” after the auction market fell to fresh lows…
Commonwealth Bank: Shares slump, more falling behind on loans
The Australian sharemarket is tipped to drop again on Thursday following the largest sell-off in Commonwealth Bank shares…
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…
Westpac chief executive Anthony Miller warns ‘chance’ of recession in Australia amid inflation, Middle East pressures
Westpac’s chief executive Anthony Miller has sounded the alarm Australia could slide into a recession as inflationary pressures…
Labor spending not to blame for soaring inflation: Chalmers
Jim Chalmers has defended Labor’s management of the economy after Sunrise host Nat Barr accused the government of…