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UNBELIEVABLE: Shane oliver | History Defined

Worse than 2007: productivity stat bad news for the RBA

Low productivity means Australia's economy is growing above its "speed limit", amplifying concerns the Reserve Bank will hike interest rates again.

AAP

House prices could fall 10%, analysts predict, as fourth interest rate hike looms

Cotality data reveals property prices are now falling in more than 90% of Australian suburbs, while economists expect market downturn to continue

The Guardian - AU

Can Australia make housing affordable while avoiding a major market crash? We may soon find out

Politicians’ fever dreams of ‘sustainable price increases’ – where values keep rising, but by less than wages – could happen

The Guardian - AU

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Petrol prices on track to top $2 a litre as Bowen sounds death knell for fuel excise relief

Petrol now costs more than $1.90 a litre in every capital city, with diesel expected to exceed $2.40 a litre

The Guardian - AU

Australia’s life dissatisfaction levels double as ‘wellbeing poverty’ reaches new highs

ABS data shows one in 10 people are not satisfied with life – but community cohesion and trust lift happiness scores

The Guardian - AU

Local shares dip, miners slump as Hormuz tensions flare

Australian miners have continued to weigh on the local exchange after a fresh attack in the Persian Gulf sent jitters through equities markets.

AAP

Rocky year in shares as miners dig market out of a hole

The Australian Securities Exchange underperformed its international peers by a long shot in the past year, but some sectors still delivered strong gains.

AAP

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Interest rate hikes remain on cards as Australia’s underlying inflation climbs, economists warn

Despite plunging fuel prices, trimmed mean inflation increased from an annual pace of 3.4% to 3.6%

The Guardian - AU

Inflation lying in wait to strike another rate blow

Despite a fall in headline inflation, a larger-than-expected rise in the underlying figure leaves the door open to more Reserve Bank rate hikes.

AAP

Australian housing was already cooling before the budget – but how cold it gets depends on two key factors

Most economists believe the chronic undersupply of homes will eventually push prices higher once interest rates ease and the tax changes are priced in

The Guardian - AU

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