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…
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…
There are three main reasons inflation is rising. Higher rates won’t fix them
Bloodletting is an ancient therapy, dating back at least three millennia, and traditionally used to “cure” a range…
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…
RBA deputy governor Andrew Hauser knows public is ‘furious’ with central bank over inflation
The Reserve Bank’s deputy governor, Andrew Hauser, knows Australians are “furious” about inflation and while he is determined…
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…
Why the Kiwi and Canadian property bubbles burst and what we can learn
If it’s a glimpse towards a possible future you’re after, it’s always worthwhile taking a peek across the…
High interest rates are here to stay — but that’s only part of the house price story
We seem to have flipped from worrying about rising house prices to worrying about falling house prices. Well,…
Australia should brace for war impact to get worse, Treasury warns
The economic risks for Australia from the continuation of the Middle East war are increasing, the Treasury has…
Australia’s property market enters downturn as prices fall for first time since 2022
Australia’s housing boom has officially entered a downturn for the first time in more than three years, with…
Most Australians don’t understand how interest rates affect inflation, RBA survey finds
The Reserve Bank is concerned that too many Australians have little idea what the central bank is trying…