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.

AAP

Business

Jacob Shteyman

THE TRUTH ABOUT: Hot or not strong spending complicates rate picture - The Untold Story

Reserve Bank Interest Rates RBA Australia Economy Commonwealth Bank Inflation

Resilient household spending may play a role in determining the future direction of interest rates. (Dean Lewins/AAP PHOTOS)

Household spending continues to build momentum, heightening expectations of a Reserve Bank rate hike.

After official figures released on Monday showed stronger-than-expected spending in November, data from Commonwealth Bank revealed no let-up in consumption despite a gloomier outlook for interest rates.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Draft Petition Would Ask FDA to Require Botulism Testing of Infant Formula After 52 Babies Were Sickened

Draft Petition Would Ask FDA to Require Botulism Testing of Infant Formula After 52 Babies Were Sickened

A draft petition from 23 families would ask the FDA to require botulism testing of infant formula. What it seeks and what parents can do now.

A chemical tank explodes in Ohio, forcing evacuations and prompting fears of another blast

A chemical tank explodes in Ohio, forcing evacuations and prompting fears of another blast

A chemical tank exploded in Toledo, Ohio, forcing hundreds of residents to evacuate or shelter in place due to fears of a toxic release

The Independent UK

Sacramento jury awards $33.3 million to physics student injured by a falling tree branch in 2020

Sacramento jury awards $33.3 million to physics student injured by a falling tree branch in 2020

In a landmark decision, a jury in Sacramento awarded Michael Flynn $33.3 million after he sustained a brain injury from a dead branch falling during his jog in McKinley Park. The city was found wholly negligent in their tree maintenance and safety checks. Despite the injury, Flynn persevered through rehabilitation…

The Times of India

Lexington ER Sees Flu Symptoms Earlier Than Usual as Kentucky Cases Run Ahead of Last Year's Pace

Lexington ER Sees Flu Symptoms Earlier Than Usual as Kentucky Cases Run Ahead of Last Year's Pace

A Lexington ER is seeing flu symptoms earlier than usual. Why late October is key for flu shots, how long protection lasts, and when to get care.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Macron accuses Trump and other foreign leaders of ‘stupid comments’ about France unrest

Macron accuses Trump and other foreign leaders of ‘stupid comments’ about France unrest

Leaders criticised for spreading misleading information as France prepares for further protests this weekend

The Guardian - UK

Europe’s far right seizes on protest violence to push authoritarian anti-immigration agenda

Europe’s far right seizes on protest violence to push authoritarian anti-immigration agenda

Nationalist leaders are framing unrest as consequence of failed liberal governance and open borders

The Guardian - UK

Related Stories

Top stories on inkl right now

Draft Petition Would Ask FDA to Require Botulism Testing of Infant Formula After 52 Babies Were Sickened

Draft Petition Would Ask FDA to Require Botulism Testing of Infant Formula After 52 Babies Were Sickened

A draft petition from 23 families would ask the FDA to require botulism testing of infant formula. What it seeks and what parents can do now.

A chemical tank explodes in Ohio, forcing evacuations and prompting fears of another blast

A chemical tank explodes in Ohio, forcing evacuations and prompting fears of another blast

A chemical tank exploded in Toledo, Ohio, forcing hundreds of residents to evacuate or shelter in place due to fears of a toxic release

The Independent UK

Sacramento jury awards $33.3 million to physics student injured by a falling tree branch in 2020

Sacramento jury awards $33.3 million to physics student injured by a falling tree branch in 2020

In a landmark decision, a jury in Sacramento awarded Michael Flynn $33.3 million after he sustained a brain injury from a dead branch falling during his jog in McKinley Park. The city was found wholly negligent in their tree maintenance and safety checks. Despite the injury, Flynn persevered through rehabilitation…

The Times of India

Lexington ER Sees Flu Symptoms Earlier Than Usual as Kentucky Cases Run Ahead of Last Year's Pace

Lexington ER Sees Flu Symptoms Earlier Than Usual as Kentucky Cases Run Ahead of Last Year's Pace

A Lexington ER is seeing flu symptoms earlier than usual. Why late October is key for flu shots, how long protection lasts, and when to get care.

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Macron accuses Trump and other foreign leaders of ‘stupid comments’ about France unrest

Macron accuses Trump and other foreign leaders of ‘stupid comments’ about France unrest

Leaders criticised for spreading misleading information as France prepares for further protests this weekend

The Guardian - UK

Europe’s far right seizes on protest violence to push authoritarian anti-immigration agenda

Europe’s far right seizes on protest violence to push authoritarian anti-immigration agenda

Nationalist leaders are framing unrest as consequence of failed liberal governance and open borders

The Guardian - UK

Our Picks

Cyndi Lauper defends working with Nicki Minaj despite rapper’s support for Trump

Rapper has become one of the president’s most famous supporters

The Independent UK

Doctors Were the Butt of 40% of Facebook Doctor Jokes, but the Most-Liked One Skewered a Lawyer

Researchers combed 30,075 Facebook posts for doctor jokes. Physicians were the usual target, but the most-liked punchline hit a lawyer.

Fridge or not? What’s the best way to store bread?

Our experts have some airtight advice to stop your loaf from going stale

The Guardian - UK

Not enjoying being a parent? You’re not alone. Here’s how to handle this complicated feeling

We’re often told parenting is one of the most rewarding things we’ll ever do. But as many parents will attest, it is also full of very difficult moments. And sometimes these moments seem almost constant.

The Conversation

A warm, sumptuous tale of two Coppolas

As "Marie Antoinette" turns 20, Eleanor and Sofia Coppola's documentary reveals new resonance

Cyndi Lauper on fun, fashion and freedom of expression: ‘We have braces on our brains’

As she auctions off her treasures, the synth-pop savant opens up about her eccentric style and why she doesn’t believe in cancel culture

The Guardian - US

Fourteen days free

Download the app

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

Download on the AppStore

Get it on Google Play