Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

HISTORICAL FACTS: 13 - Caught on Camera

Top economists give budget modest rating and doubt inflation will fall as planned

Asked to grade Treasurer Jim Chalmers’ third budget on his own criteria of delivering on “inflation in the near term and then growth in the medium term”, most of the 49 leading economists surveyed by the Economic Society of Australia and The Conversation have failed to give it top marks.

The Conversation

Consumer spending the wildcard in rate hike uncertainty

The spending appetite of consumers remains a key source of uncertainty for the Reserve Bank as the battle against inflation rages.

AAP

Guardian Essential poll: $300 energy rebate shouldn’t go to high-income households, voters say

Poll finds lukewarm response to Labor’s 2024 budget, with only 27% of people thinking it will make a ‘meaningful difference’ to the cost of living

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

Rationale behind RBA's last cash rate call on show

The minutes from the last Reserve Bank meeting will outline the thinking behind keeping rates on hold and how seriously the case to hike was considered.

AAP

At the heart of the budget is the sad truth the economy is weak. That’s one reason inflation will fall

A central focus of this week’s budget is the treasury’s forecast for inflation.

The Conversation

Government defends faster inflation fall than RBA

Inflation will be back within the Reserve Bank's target range a year earlier than the bank has predicted, based on government budget figures.

AAP

RBA interest rate hold prompts stock upswing

The ASX200 finished up across the board after the Reserve Bank elected to hold fire on raising interest rates despite fears of lingering inflation.

AAP

Read news from The Economist, FT, and more,
with one subscription

Reserve Bank's shift to neutral likely to be reinforced

The central bank will be in the spotlight this week, when high ranking officials give policy speeches and the minutes of the last rates meeting are released.

AAP

We're cashing out. The consequences are real for us all

Australia is cashing out. And the consequences are real.

Newcastle Herald

RBA’s Michele Bullock sticks to narrow path as she plots course to a soft landing

The central bank’s governor warned Australians will get sick of her repeating that she won’t rule anything in or out as she tries to tame inflation

The Guardian - AU

Morning Mail: Push to outlaw mega donations, Trump’s money woes, social media giants put on notice

Independents want to outlaw large gifts of more than $1.5m; eSafety commissioner issues notices about terror material

The Guardian - AU

Rates on hold but RBA 'not ruling anything in or out'

Interest rates have been left steady for another meeting and the Reserve Bank has kept its options wide open when it comes to future moves.

AAP

Reserve Bank tipped to hold interest rate but economists split on when cuts will start

Pundits and investors expect the RBA to leave its cash rate unchanged at 4.35% when the board meets on Tuesday

The Guardian - AU

Cash rate likely on hold in 'straightforward' call

No change in interest rates is expected when the Reserve Bank meets this week and the case to hike further will likely be discussed despite a weak economy.

AAP

Get all your
news in one place.

100's of premium titles.
One news app.

AAP

Test for consumer sector as optimism creeps back in

The state of the consumer and business sectors will be on display this week, with a speech from a Reserve Bank of Australia official also of interest.

The Guardian - AU

Greens-Coalition alliance may force Chalmers to keep power to overrule RBA on rates

Chalmers had announced plans to scrap the veto power but former treasurers and RBA governors say it is a vital ‘safety valve’

AAP

Pulse to be taken on inflation, retail and home prices

A key monthly inflation indicator is expected to inch a little higher but such a result is unlikely to worry the Reserve Bank as it ponders interest rates.

The Guardian - AU

Former governors and treasurers advise against removing government’s power to overrule RBA

Critics of treasurer Jim Chalmers’ proposed reforms say the Reserve Bank is independent enough

Get all your
news in one place.

100's of premium titles.
One news app.

AAP

Former governors want power to overrule RBA to stay

Resistance is building to the federal government's plan to scrap a never used power to intervene in Reserve Bank decision making.

Top News

New Zealand central bank blames inflation for restrictive policy

The New Zealand central bank cites inflation as the primary factor influencing its decision to implement restrictive monetary policy, aiming to maintain fi...

The Guardian - AU

Qantas decision to reduce flight capacity may have led to RBA rate hike, inquiry finds

The ACTU inquiry into price gouging chaired by Allan Fels strongly criticised the lack of competition in Australia’s domestic aviation industry

AAP

Aust shares slip again following Reserve Bank meeting

The local share market finished down 0.6 per cent after RBA governor Michele Bullock indicated the central bank wouldn't act quickly to cut rates.

AAP

PM open to crossbench talks on tax cut changes

As the Greens urge further changes to stage three tax cuts, the prime minister says he is open to negotiations to ensure their passage through parliament.

The Guardian - AU

Treasury estimated stage-three tax cut changes would add 0.1 percentage point to inflation

RBA hasn’t modelled whether Albanese government’s redistribution of tax cuts could add to inflation, but isn’t expected to adjust its forecasts

AAP

Jobs data on agenda as signs point to cooling inflation

Experts will examine job data and spending insights for a better idea of how the Reserve Bank will act when it returns for the first time in 2024.

1 … 12 13 14 15

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

The Commonwealth Bank

39 stories

Read news from The Economist, FT, and more,
with one subscription

Topics

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.