Dire petrol price prediction for Aussie drivers as Commonwealth Bank warns of economic ‘consequences’
The conflict could put pressure on Aussie households and the RBA to raise rates sooner. (Source: Getty) Renewed…
Government spending is creeping up and threatening Australia’s ‘low-debt’ status
Australia will cease to be a low-debt country and be more vulnerable in a future crisis without a…
Bullock says government spending not sole factor pushing inflation higher as political fight heats up
Reserve Bank governor Michele Bullock has refused to blame the Albanese government’s spending for causing inflation to jump…
February interest rate rise will be a ‘bitter pill’ for those struggling with cost of living, advocates say
Any Reserve Bank lift to interest rates could be the added financial pressure that causes more households to…
Value of Australian dollar now dependent on interest rates, commodities prices and geopolitics
The Australian dollar has been on a slow march down from a peak of 109 US cents achieved…
RBA’s Hauser Says Economy’s Capacity Limits Challenge Policy
Australia’s monetary policy is being challenged by an apparent lack of spare capacity in the economy, Reserve Bank…
US Consumers See Worse Job Market, Muted Inflation in Fed Survey
Americans’ perceptions of the job market worsened in October while their expectations for inflation edged lower, according to…
US Consumer Sentiment Declines to Near Lowest on Record
US consumer sentiment tumbled to near the lowest on record as the government shutdown weighed on the economic…
Ex-RBA Chief Lowe Urges Policy Pause to Assess High Labor Costs
Philip Lowe in 2023. (Bloomberg) — Former Australian central bank Governor Philip Lowe said a clouded outlook for…
Australia Inflation Spike Boosts Case for Extended RBA Pause
Australia’s core inflation accelerated beyond expectations last quarter, complicating the Reserve Bank’s path to further policy easing and…
Wall Street sell-off could mean hip-pocket relief for millions of Australians
Australia’s big insurance companies were sold off heavily on the share market on Friday. Analysts readjusted their valuations…
Indian Investors Hedge With Metals and Watch RBI’s Rate Decision
Before the trading day starts we bring you a digest of the key news and events that are…