There’s been a few reasons for Aussies to be smiling about the economy this week and figures showing women have smashed a jobs market record adds to the good news.
Matt Mckenzie
Australia’s unemployment rate has ticked lower to 4.2 per cent as solid jobs data shows there’s no urgency for the RBA’s next interest rate cut.
Exuberant investors have been warned as share markets reach new record highs — the Reserve Bank won’t come to your rescue.
Michele Bullock has signalled further relief could be looming for Australian borrowers after the Reserve Bank cut the official interest rate for the third time this year.
After surprising everyone by showing signs of caution last month, the central bank has today said the time is right to deliver another lot of rate relief. And one bank isn’t wasting any time passing it on.
Daniel Newell
A hotly tipped rate cut on Tuesday would put $90 a month in the hands of an average borrower. But experts have delivered one big warning for homeowners seeking even further relief.
Outgoing JB Hi-Fi boss Terry Smart has his fingers crossed for a widely-tipped interest rate cut on Tuesday, warning it will take more than two rounds of rate relief to get consumers splurging on new gadgets.
Cheyanne Enciso
A big four bank has stunned prospective homebuyers by hiking mortgage rates — just days before the Reserve Bank is expected to deliver a third round of relief for struggling households.
Australia’s quarterly inflation outcome this week was close to the Reserve Bank’s expectations, deputy governor Andrew Hauser said, while adding the board is debating the extent of labour market tightness.
Swati Pandey
JACKSON HEWETT: Inflation has finally fallen in line with the RBA’s forecast and is now the lowest it has been since March 2021. The ball is back in the Central Bank’s court.
Jackson Hewett
Homeowners hoping for a third interest rate cut could see relief within weeks after Australia’s inflation slowed further.
Getting productivity on track would make Australian workers $14,000 better off in a decade, but top economists warn ‘poor decisions’ by governments are holding the country back.
Michele Bullock has knocked back jitters about last month’s unemployment rise amid pressure on her Reserve Bank to drop interest rates.
The Reserve Bank of Australia’s two rate cuts this year have encouraged WA consumers to take advantage of EOFY bargains in June, but one expert warns the retail sugar hit may just be a one-off.
The share of homeowners at risk of mortgage stress ticked up in June despite the Reserve Bank of Australia delivering two rate cuts this year in some much-needed financial relief for households.
Michele Bullock’s Reserve Bank board has given a full overview of why it did not rush to cut interest rates earlier this month.
Australia will begin publishing a complete monthly measure of inflation from November 26, addressing a long-standing gap in the nation’s economic data.
Michele Bullock’s Reserve Bank has become the national fix-it squad called on to solve every economic problem — but all eyes should really be on Canberra.
Hopes for a third interest rate cut have been boosted after Australia’s jobs boom stalled but economists have warned not to pop the champagne corks for an August move just yet.
Shoppers celebrating the end of surcharge fees on card payments have been warned they’ll end up covering the cost anyway, when retailers are forced to build-in the charge.
JACKSON HEWETT: Who pays for the financial pipes?
Last week’s move by the Reserve Bank to hold fire on a third interest rate cut for 2025 has failed to dampen the spirits of Australian consumers.
The Reserve Bank has flagged an end to a bugbear of almost every Australian shopper — debit and credit card surcharge fees.
The nation’s biggest bank says Australia must break its addiction to taxing income and rein in “unsustainable” government spending growth.
We use cookies so we can improve your experience on this site, analyse traffic and provide you with relevant advertising. To find out more, please see our Cookies Guide.
By continuing to use this site, you agree to our use of cookies.
