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…
Chalmers promised action on inflation and productivity. The scorecard on both is grim
On the morning after last year’s landslide Labor election win, Jim Chalmers declared a shift in priorities for…
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…
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…
Chalmers cautious but upbeat as he scraps fuel discount amid softening inflation
There were no bold declarations about corners being turned or missions being accomplished. After delivering a pre-election prediction…
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…
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…
Prolonged pause on interest rates a possibility as RBA board meets for June
Leading economists at all four major banks are now predicting the Reserve Bank of Australia will leave interest…
Rate hikes and tax changes have broken the back of the latest property boom
The early signs of an Australian housing market correction are now clearly visible. Demand was dented when the…
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.…