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INSANE: Belinda allen - The Real Truth

Recession off the cards but Australia faces dreary outlook, economists say

De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinch

The Guardian - AU

Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried

A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different view

The Guardian - AU

Australian petrol retailers accused of price gouging over rising fuel costs amid Iran war

Motoring groups accuse retailers of using conflict as an excuse to lift prices as Jim Chalmers asks ACCC to keep watch

The Guardian - AU

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Borrowed time: rate hike unlikely to be one-and-done

Mortgage holders could face back-to-back rate hikes after the Reserve Bank raised interest rates amid rising inflation pressures.

AAP

Robust jobs market risks adding fuel to inflation fire

Australia's labour market remains tight, with limited spare capacity keeping pressure on already-high inflation and shortening the odds of interest rate hikes.

AAP

Mixed employment report won't make RBA's job any easier

Unemployment and jobs growth figures for November tell differing stories about the strength of the labour market, providing little clarity for the Reserve Bank.

AAP

February is live: RBA warns of impending rate hike

The average mortgage-holder's repayments could soon jump an extra $90 a month, with another Reserve Bank interest rate hike on the cards as early as February.

AAP

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Central bank rates outlook may pivot on wages, labour

A major bank has crunched the numbers from about 400,000 accounts to discover an uptick in wages and employment growth, ahead of a central bank rates reveal.

AAP

Australian economy crawls back into growth mode thanks to datacentre boom and household spending uptick

Analysts say national accounts figures show how far the economy has come, with annual GDP growth hitting 2.1% compared to 0.8% this time last year

The Guardian - AU

The worrying trend that could put an end to rate cuts

The rising cost of new homes and services such as takeaway meals were key to the Reserve Bank's inflation miss in September and could rule out future rate cuts.

AAP

RBA governor dismisses jobs fears but hints at rates hold after inflation uptick

Michele Bullock plays down concerns about rising joblessness as economists pencil in February for next reduction in borrowing costs

The Guardian - AU

Unbridled inflation an each-way bet on Cup Day rate cut

Melbourne Cup day may not prove a winner for borrowers if inflation remains sticky in data released the week before, splitting predictions on interest rates.

AAP

Renewed rate-cut hopes fuel Australian shares record

A lift in expectations of an interest rate cut have provided a springboard to send Australian equities to new highs, after weeks of consolidation.

AAP

Footy fans help consumer spending roar into growth

A British and Irish Lions rugby tour and the State of Origin league decider helped push household spending up in July, the latest CommBank data shows.

AAP

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The Guardian - AU

Sussan Ley says PM ‘out of his depth’ – as it happened

This blog is now closed

AAP

Real wages boost for workers, but costs might worry RBA

Strong annual growth in wages will be noted by the Reserve Bank as it collates data leading up to its next decision on whether to cut interest rates.

AAP

Surprise rate hold another blow for consumer confidence

Fewer rate cuts than expected will further weaken already fragile consumer confidence, as the Commonwealth Bank records a gradual household spending recovery.

AAP

Tariff turmoil triggers Reserve Bank inflation fears

Uncertainty over US tariffs and a brewing global trade war cast a shadow over the Reserve Bank of Australia as it deliberated on cutting interest rates.

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The Guardian - AU

Migration rose by one-third last year to lift Australia’s population by a record 659,000

The net annual rise was revealed as Labor signalled moves to reduce migration arrivals

AAP

Jobs market 'defies gravity' but weakening on horizon

The unemployment rate moved higher last month but is still well below historical norms, with more jobs added to the economy than expected.

The Guardian - AU

RBA has more to do to curb inflation as retail and job markets still strong, economists say

Despite fastest interest rate rises in three decades, retail turnover rose in May, when experts had expected a drop

The New Daily

‘Significantly weaker’: Unemployment rise sparks fears for Australian jobs

A surprise uptick in unemployment in April has stoked fears the labour market may be starting to turn, as forecasts predict a jobs downturn.

The New Daily

‘Highly probable’: RBA tipped to hike interest rates in June after wage data

Economists are predicting another interest rates hike after wage growth rose in the March quarter, with risks around low productivity growth.

The New Daily

50-50: RBA mulls rate hike as retail sales slow

Australians are spending less time at the shops as sky high inflation and rapidly rising interest rates eat into retail sales.

ABC News

Business confidence rises with strong profits, but consumers are getting more pessimistic

Business confidence has risen, but consumer confidence is still deteriorating and economists warn it could be a sign of things to come.

People

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