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 · Sep 2
Australia’s economy limps along, but the RBA should take a closer look before raising interest rates again The story of the economy at the moment is one of give and take – and what’s good for investment is ‘bad’ for trade The Guardian - AU · Sep 2
Australia’s economy grows by 2.1%, but people’s living standards aren’t keeping pace Australia’s economy expanded by 0.4% in the June quarter, with spending growth driven by record sales of imported electric vehicles. The Conversation · Sep 2
Why the rise in government debt is freaking out the bond market Mortgage holders know interest rates have risen over the past year, as the Reserve Bank of Australia (RBA) lifted the cash rate to fight inflation. But mortgage holders are not alone: governments and business borrowers are facing the same pressure. The Conversation · Sep 1
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 · Sep 1
Economic growth data next milestone for Reserve Bank GDP figures will headline the week in economic data, while central banks in Canada and New Zealand will meet to set interest rates. AAP · Aug 30
Australian shares slide as rate-hike fears mount Inflation worries have reignited concerns of tighter borrowing costs, darkening an already gloomy outlook for economic growth and company returns. AAP · Aug 27
Banks tip more hikes as spending surge adds to RBA woes Three out of the four big banks are tipping the Reserve Bank to raise interest rates by November, with one forecasting a hike in a matter of weeks. AAP · Aug 26
Fears grow for fourth rate hike after Australia sees higher-than-expected July inflation ABS says CPI was 3.5% in July, casting doubt on Reserve Bank meeting its 2.5% inflation target without further hike The Guardian - AU · Aug 26
Inflation eased in July, but home loan relief remains on the cards The consumer price index has dropped to 3.5 per cent. The Canberra Times · Aug 26
Banks tipping November rate hike after 'hot' inflation Despite headline inflation falling to 3.5 per cent - the lowest level since November - an above-expectations result adds to the case for more rate hikes. AAP · Aug 25
'Hawkish' RBA minutes reveal rate rise still an option An extended conflict in the Middle East, a larger-than-anticipated AI boom and ongoing low productivity growth could force the Reserve Bank to lift rates again. AAP · Aug 25
Inflation data and RBA minutes to reveal rates clues Inflation is forecast to have eased during July due to lower electricity prices, but rising fuel costs could reignite price growth down the track. AAP · Aug 23
Australia’s drop in real wages is a disaster. But the profits of major corporations are doing just fine Wages are not growing out of control and the labour market is not ‘tight’ The Guardian - AU · Aug 19
The Conversation · Aug 17 Do you pay rent with a credit card? Soon, you may not have the option From October 1, businesses will no longer be able to add surcharges to payments made on the EFTPOS, Visa or Mastercard networks, following reforms by the Reserve Bank of Australia.
The Conversation · Aug 16 Why most homeowners don’t need to lose sleep over negative equity For most people who buy a home, a mortgage represents the single largest debt they will take on in their lives. But what happens if the market value of a property you’ve bought falls below the amount you still owe on your home loan?
AAP · Aug 16 Jobs data and a fireside chat: the economic week ahead Unemployment and wage figures are the pick of the week's economic data, while traders will tune in to a "fireside chat" with the Reserve Bank deputy governor.
The Guardian - AU · Aug 15 Could you save money on your mortgage? As house prices cool and lender rivalry heats up, experts say Australians should ask There is talk that lenders are starting to compete more fiercely for customers as demand for new home loans drops
AAP · Aug 14 The next person chosen to help decide mortgage rates Melinda Cilento, head of economic think tank CEDA, will become the newest member of the nine-person board responsible for setting interest rates in Australia.
AAP · Aug 13 AI boom, productivity malaise making RBA's job harder Investment in AI is supporting demand in the economy at a time when the Reserve Bank wants it to cool, but the housing downturn should help get inflation down.
The Guardian - AU · Aug 12 Ignore the doomsdayers – property investing in Australia is far from broken Investor loan applications may have fallen since the start of the year, but the slump already appears to be turning around
The Guardian - AU · Aug 11 Morning Mail: Coalition backs One Nation policy, Bashar al-Assad sentenced to death, and what the RBA really believes One Nation’s bid to bar Australians with terror links; Syria sentences former president in absentia
AAP · Aug 11 Treasurer tips housing growth despite investor slump A collapse in property investor lending since the federal budget is good for the economy in the long term, the boss of the nation's biggest bank says.
The Guardian - AU · Aug 11 The RBA likely believes it won’t need to hike rates again – but the worst thing it could do is say that out loud When it comes to the Reserve Bank, there’s a whiff of a parent making a threat they have no intention of carrying out
The Guardian - AU · Aug 11 Afternoon Update: RBA holds interest rates; captive birds to be vaccinated; and one of Sam Neill’s final interviews Cash rate stays at 4.35% in widely expected decision from central bank after three hikes earlier in the year