RBA relaxed about housing downturn but deeply worried by AI and bonds
Despite Australia’s rapid housing downturn, which threatens to be the worst in decades, the Reserve Bank believes the…
Australian dollar hits 9-week low, rounds out a rough month
SYDNEY: The Australian dollar slipped to a nine-week low on Wednesday as inflation data came in just under…
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…
Card surcharge ban to leave some shops spruiking cash, swallowing fees, raising prices
Last financial year, bakery owner Dylan McQueen paid $5,785 in card fees, which he says came after years…
Iran and iPhones add to Reserve Bank’s inflation pickle
The rising cost of oil and iPhones is concerning the Reserve Bank of Australia as it approaches a…
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…
Australian dollar hovers near 13-year high on kiwi as rate outlooks diverge
SYDNEY: The Australian dollar held near a 13-year high against the kiwi on Thursday as markets bet on…
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,…
Unemployment rate hits 4.5pc, the highest level in post-COVID era
Australia’s unemployment rate keeps slowly drifting higher. Data show the national unemployment rate rose to 4.5 per cent…
The Week Ahead | The Star
All eyes on 2Q GDP data THE spotlight this week will be on Bank Negara Malaysia’s second-quarter (2Q26)…
Reserve Bank governor warns world facing increased supply shocks
Reserve Bank governor Michele Bullock says the world has become more shock-prone in recent years, with the latest…
Australia’s property market enters downturn as prices fall for first time in three years
Australia’s housing boom has officially entered a downturn for the first time in more than three years, with…