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BIZARRE: 14 | Mind Blowing Facts

Miners forge path as Aussie shares reset record

Australian shares have kicked off the week on solid footing, notching a new record with help from miners and hopes of an incoming interest rate cut.

AAP

Morning Mail: Albanese eyes universal childcare; Netanyahu defends Gaza occupation plan; confusion over Ukraine peace summit

Consultants brought in to design universal childcare system; Netanyahu resists criticism of Gaza plan; interest rate cut may bring relief to Australian households

The Guardian - AU

Hopes RBA won't repeat shock rates hold as board meets

The "Trumpification" of the US Federal Reserve provides an unsettling backdrop to the Reserve Bank's August meeting, where it is expected to cut interest rates.

AAP

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Experts convinced RBA will cut interest rates despite bank shrugging off similar peer pressure in July

Latest consumer figures support third rate cut for 2025, analysts say, but ultimate decision is up to the board

The Guardian - AU

Mortgage holders ready for relief after past rates blow

The Reserve Bank of Australia board is expected to deliver mortgage holders more hip-pocket relief in its upcoming interest rates decision.

AAP

Upward spending trend unlikely to shift needle on rates

Splurging shoppers are unlikely to dent the chances of an August interest rate cut, with consumer data tipped to deliver an upward spending trend.

AAP

Jigsaw coming together for further interest rate relief

A soft inflation print and surprisingly strong retail sales paint a rosy picture of the Australian economy ahead of a key Reserve Bank rate meeting.

AAP

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Take a deep dive into the inflation numbers and the RBA’s decision not to cut rates seems inexplicable

In a majority of capital cities in Australia, inflation is now below 2% – that is, below the Reserve Bank’s target range

The Guardian - AU

The politics of falling inflation has been clear – lower is better. But Australia should beware its flip side: slow growth

There’s no convincing argument for the RBA not to cut interest rates on 12 August as economists say they are acting as a brake on the economy

The Guardian - AU

Aussie shares near all-time high as inflation eases

The ASX200 rose 0.6 per cent after quarterly inflation came in slightly under expectations, paving the way for an August rate cut.

AAP

Rate cut looms as inflation result brings RBA 'comfort'

The Reserve Bank should have "all the comfort it needs" to cut interest rates again in August after underlying inflation fell to a three-and-a-half year low.

AAP

Aussie shares edge higher ahead of inflation readout

The ASX200 has climbed into the green in session's final hour, with traders seeming to tread carefully ahead of an important consumer price report.

AAP

Indebted homeowners cry out for relief but RBA won’t be rushed as key inflation data looms

Consumer price figures released on Wednesday will determine if millions of mortgaged Australians will get a rate cut next month, economists say

The Guardian - AU

The piece of data that could decide next rate decision

Quarterly inflation data will dominate the economic agenda this week, while dwelling approvals, retail sales and property price figures will also be revealed.

AAP

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AAP

Aussie dollar hits eight-month high as shares slide

The Australian dollar has climbed above 66 US cents for the first time since early November, while the ASX200 closed 0.3 per cent lower.

The Guardian - AU

RBA wary of cutting rates until it has more evidence on inflation, Bullock says

Governor defends cautious approach, saying price pressures have been brought under control without surge in unemployment

AAP

RBA not swayed by jobless spike as next rate call looms

Reserve Bank governor Michelle Bullock has pushed back on rate cut expectations and weighed in on Donald Trump's pressure on Fed chair Jerome Powell.

AAP

The 'critical' data that could greenlight next rate cut

Economists await key quarterly data that could put the odds firmly in favour of an August interest rate cut, as the Reserve Bank sheds light on its shock hold.

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AAP

Peek into surprise RBA decision as rate cut on cards

Borrowers are hoping for clarity on the Reserve Bank's next moves as an unexpected jump in unemployment firms the case for an interest rate cut.

The Guardian - AU

As more Australians save, banks are cutting interest rates for deposits faster than the RBA’s official cash rate

‘Money in the bank is at a record high, so banks aren’t having to compete for people’s deposits,’ Canstar’s Sally Tindall says

AAP

Jobless rate nears four-year high, firms rethink plans

Australia's unemployment rate has bucked expectations and risen as economic headwinds take their toll on employers.

AAP

Cafes, small businesses fear brunt of surcharge cut

The dreaded $6 line for a coffee could soon become reality for cafe owners after a proposal to scrap card surcharges could force fees to pass on to customers.

AAP

Rising cost to build a wake-up call on housing dream

Australians looking to build their own homes are facing a reality check as construction costs rise, with the increase likely to also weigh on inflation.

AAP

Reserve Bank reveals blueprint to axe card surcharges

The Reserve Bank of Australia wants to scrap surcharge fees on card payments in a move it argues will benefit consumers and business.

The Guardian - AU

Card payment surcharges should be banned for debit and credit payments, RBA says

Surcharges on Eftpos, Mastercard and Visa card payments would be eliminated from July 2026 under proposal from Reserve Bank

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