Australia’s housing market obsession is fuelled by necessity
Reserve Bank chief economist Sarah Hunter, born in the UK but now an Australian citizen, was asked on…
The Reserve Bank isn’t trying to stop inflation. So don’t expect prices to come down
What is the Reserve Bank trying to achieve by raising interest rates? In recent days, a video has…
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…
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…
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 since 2022
Australia’s housing boom has officially entered a downturn for the first time in more than three years, with…
What would Australia’s economy look like under One Nation?
If One Nation forms government what would Australia’s economy look like? Pauline Hanson’s speech at the National Press…
Recent years tougher for borrowers than enduring 17pc interest rates, analysis finds
New economic analysis could put to bed the inter-generational argument about house prices and mortgage pressure, which plays…
Big Four divided on RBA direction as one major bank warns two interest rate hikes still ahead
The RBA is widely expected to hold the cash rate at its June meeting, but the banks can’t…
RBA not concerned about stagflation or wage-price spiral
Reserve Bank governor Michele Bullock says the war in the Middle East is creating a “highly uncertain” environment…
Australia’s interest rate rise comes as other countries maintain theirs. Why?
As Australian mortgage holders grapple with rising repayments, some countries have not seen interest rate rises in years.…