All eyes on RBA messaging for hints on rates outlook Public appearances from senior Reserve Bank officials should shed some light on the future outlook for interest rates as the tightening cycle nears its end. AAP · Nov 19, 2023
The RBA has only one tool to fight inflation with – and households are being hammered No homeowner under the age of 55 has had to cope with interest rates rising like this The Guardian - AU · Nov 8, 2023
The Reserve Bank’s 13th interest rate rise is tightening the squeeze. But a pre-Christmas shock looks unlikely RBA governor Michele Bullock’s debut rate rise as governor looks unlikely to be repeated next month The Guardian - AU · Nov 7, 2023
Why it's a good bet the RBA's Melbourne Cup Day interest rate hike will be the last Australia just became the odd one out. The Conversation · Nov 7, 2023
Australian central bank lifts benchmark cash rate to 4.35% with 13th hike Australia’s central bank has lifted its benchmark interest rate for the first time since June with a quarter percentage point hike that brought the cash rate to a 12-year high of 4.35% The Independent UK · Nov 7, 2023
If interest rates rise again, it may be because inflation fears lost their anchor to reality The issue of ‘consumer expectations’ of inflation is hotly debated by economists, and might be a key factor in the Reserve Bank’s decision The Guardian - AU · Nov 5, 2023
Gyrocopter crash kills pilot in Victoria; warning over supermarket surveillance – As it happened All the day’s news as it unfolded The Guardian - AU · Nov 4, 2023
Will they, won't they? All eyes on RBA Cup Day meeting Stubbornly high inflation has raised the chances of a November interest rate increase by the central bank, putting more financial pressure on borrowers. AAP · Nov 4, 2023
Grattan on Friday: Treasurer Jim Chalmers pumps up his role in energy transition Jim Chalmers – as if he doesn’t have enough on his plate – is marching into the centre of energy policy. The Conversation · Nov 2, 2023
Think the RBA will lift rates on Melbourne Cup day? Don't bet your house on it Each of Australia’s big four banks is now predicting a rate rise in six days’ time on Melbourne Cup Tuesday. It would add another A$77 to the monthly cost of servicing a $500,000 mortgage and be enough to take the total extra monthly impost since rates began climbing to more… The Conversation · Oct 31, 2023
Auction jump ahead of expected Cup day rate hike An expected rate hike on Melbourne Cup Day has impacted the number of homes going under the hammer, with clearance rates tipped to jump. AAP · Oct 28, 2023
Grattan on Friday: Cost-of-living crisis is the dragon the government can't slay At a White House briefing early this week, Joe Biden’s press secretary, Karine Jean-Pierre, was asked whether there’d been any thought of postponing Anthony Albanese’s state visit because of the Middle East conflict. The Conversation · Oct 26, 2023
Afternoon Update: US mass shooting kills at least 16; Sydney woman found dead identified; and Gen Z want less sex on screen A man is reported to have opened fire at a bowling alley and bar in Maine’s second-largest city of Lewiston in the US The Guardian - AU · Oct 26, 2023
Australian stocks plunge again to new low for 2023 The local share market has finished at its lowest level in a year amid war in the Middle East, rising bond yields and expectations of more rate hikes. AAP · Oct 26, 2023
The Guardian - AU · Oct 26, 2023 RBA governor says inflation bump no surprise but won’t say whether rates will rise Michele Bullock tells Senate estimates ‘we might need to go again’ as Westpac joins other big banks in predicting November rate rise
AAP · Oct 25, 2023 RBA 'wary' more rate hikes needed to beat inflation The head of the Reserve Bank admits decision-makers "don't know if the job is done yet" when it comes to interest rate tightening to combat inflation.
The Guardian - AU · Oct 25, 2023 Grim end to year predicted for Labor with high chance of at least two more interest rate rises Strong quarterly inflation figures sends market scrambling as odds on for interest rate hike at Reserve Bank’s Melbourne Cup Day meeting
The Conversation · Oct 25, 2023 Petrol is holding up inflation – the 7 graphs that show what's happening to prices and what it will mean for interest rates Today’s figures from the Australian Bureau of Statistics show inflation fell in the September quarter for the third consecutive quarter.
The Guardian - AU · Oct 24, 2023 Eight more Australians leave West Bank – as it happened This blog is now closed
The Guardian - AU · Oct 24, 2023 Michele Bullock rules out linking interest rates to employment in first major speech New RBA governor says she’s working with treasury to ‘modernise and clarify’ the bank’s objectives with the focus still on inflation
AAP · Oct 22, 2023 Fingers crossed for soft enough inflation numbers Inflation has passed its peak and quarterly data will indicate if prices have been decelerating fast enough for the Reserve Bank to keep interest rates on hold.
The Guardian - AU · Oct 19, 2023 RBA’s top two executives saw 10% pay increase over past year, report reveals Annual report notes Philip Lowe and Michele Bullock’s remuneration increase was recommended by an independent committee
AAP · Oct 17, 2023 'Low tolerance' for slower return to target: RBA Australia could be galloping towards a Melbourne Cup interest rate rise if progress on inflation proves too slow and the labour market too resilient.
AAP · Oct 15, 2023 All eyes on jobs data as marker of economic health Fresh jobs data will offer key insights into the health of the economy as the Reserve Bank tries to navigate its soft landing.
AAP · Oct 3, 2023 New bank chief holds rates but a rise is still in play Borrowers have been spared further mortgage pain but one more interest rate hike or a longer stretch on hold may be needed to wrangle inflation under control.