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…
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…
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…
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…
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 lifts minimum wage by 4.75% as inflation reaccelerates
By Renju Jose and Stella Qiu SYDNEY, June 2 (Reuters) – Australia’s independent wage-setting body on Tuesday said…
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.…
What is stagflation and what can we do about it?
What is stagflation? You may have heard the word in recent weeks, because experts are worried that the…
Reason RBA set to ‘punish’ Aussies as businesses warn of ‘Covid 2.0’ price spiral
Another supply side shock has the RBA backed into a corner. (Source: AAP) Australian motorists and rural residents…
Is Australia about to say goodbye to its experiment with low unemployment?
Are we about to say goodbye to Australia’s experiment with low unemployment? The latest war in the Middle…
RBA governor accused by senator of ‘gaslighting’ Australians on economy
Reserve Bank governor Michele Bullock has fired back at Nationals senator Matt Canavan after he accused her of…