UNBELIEVABLE: 12 - The Untold Story

Australia is about to get an economic health check. What do GDP figures mean and why are they important?

The numbers could mark the nadir in gross domestic product performance, while the RBA watches closely for cues to help time an interest rate cut

The Guardian - AU · Sep 3, 2024

Economy yet to turn a corner as higher rates bite

Australia is expected to post its slowest annual economic growth rate outside of the pandemic lockdowns since the 1990s as inflation persists.

AAP · Sep 1, 2024

Stand by for interest rate cuts: the US is about to start, so expect Australia to follow

Just three weeks ago, Reserve Bank Governor Michele Bullock declared interest rate cuts unlikely in the next six months. But if there was any doubt about what’s going to happen to global interest rates, the US Federal Reserve chair Jerome Powell removed it on Saturday.

The Conversation · Aug 27, 2024

Building costs in the frame for ongoing housing crisis

The Reserve Bank says it is closely monitoring the housing shortage, but dismisses reports a construction union is to blame for escalating costs.

AAP · Aug 15, 2024

Politics with Michelle Grattan: Jim Chalmers flags deal on Reserve Bank’s new structure is close

Cost of living remains at the top of people’s minds as inflation stays sticky. With an election in less than a year, the government has been doing what it can to address some of the pressures. But the Reserve Bank doesn’t envisage an interest rate cut this year, and has…

The Conversation · Aug 15, 2024

The RBA poured cold water on an interest rate cut before Christmas – but its hawkish stance may make inflation even worse

It seems that the lessons of the past on issuing ‘forward guidance’ have been quickly forgotten

The Guardian - AU · Aug 14, 2024

RBA ‘will not hesitate’ to raise interest rates again to combat inflation, Michele Bullock warns

Reserve Bank governor says there is ‘considerable uncertainty’ over Australia’s economic future and the board ‘remains vigilant’

The Guardian - AU · Aug 8, 2024

RBA governor pours cold water on talk of early rate cut

The central bank says inflation remains too high and warned it could hike again, keeping the spotlight on government efforts to fight inflation.

AAP · Aug 7, 2024

Commonwealth Bank still predicts interest rate cut in 2024 as RBA defends keeping cash rate on hold

Reserve Bank’s chief economist says it is ‘difficult’ to hear the stories of those who ‘are struggling’

The Guardian - AU · Aug 7, 2024

The RBA left interest rates on hold – but don’t get your hopes up for a cut any time soon

Governor Michele Bullock makes clear that any expectation of rate cuts this year ‘not aligned’ with bank’s present thinking

The Guardian - AU · Aug 6, 2024