Consumer confidence plunges to worst level since 1990s There's "no end in sight" for Australian consumers stuck in a "cost-of-living nightmare" as rising interest rates and fuel prices squeeze household budgets. AAP · 12h ago
Albanese’s ratings slump in Redbridge poll after interest rate hike In a federal Redbridge poll, the total vote for One Nation and the Coalition has been steady since late August at 50%, but Anthony Albanese’s net favourability slumped ten points to a record low -27, possibly reflecting the Reserve Bank’s interest rate hike last Tuesday. The Conversation · Oct 4
Hip-pocket politics is Labor’s greatest vulnerability – and red-hot anger over the latest rate rise isn’t helping Unemployment is up, house prices are down and interest rates are rising – giving Angus Taylor the chance to show how he can turn things around The Guardian - AU · Oct 2
RBI’s success on dollar flows raises stakes in inflation fight & clamour for rate hike India’s record $133 billion diaspora inflow has flooded banks with liquidity, pushing overnight rates below the RBI’s 5.25% policy rate. The Reserve Bank has already drained more than ₹1 trillion as food and oil prices fuel inflation concerns. Markets now expect further liquidity measures and are increasingly pricing in a… The Economic Times · Oct 1
First home buyers with big loans among those most at risk of falling into negative equity, RBA warns Central bank estimates fewer than one in 100 borrowers owe more on their home than its worth The Guardian - AU · Oct 1
Politics with Michelle Grattan: Tim Wilson says government is borrowing from the future to spend today The cash rate this week hit its highest point since 2011. It was the Reserve Bank’s fourth interest rate increase of the year. The Conversation · Sep 30
Middle East or money-wasters: inflation mud-fight grows Labor and the coalition are duelling over why Australians now have to fork out more on their mortgages every month. AAP · Sep 29
Morning Mail: Larissa Waters quits as Greens leader; Sydney datacentre scrapped; and SpaceX rocket blasts off Ill health forces resignation with leadership ballot set for next week; Reserve Bank expected to hike again today The Guardian - AU · Sep 28
RBI bulletin: India's financial, external sectors continue to draw strength from resilient domestic economy India's economy is showing resilience despite global uncertainties and high geopolitical tensions affecting financial markets, RBI's bulletin said. Crude oil prices have sharply increased due to escalating conflicts in West Asia, prompting concerns over inflation. The Reserve Bank indicates a strong GDP growth in the first quarter of 2026-27, with… The Economic Times · Sep 25
Card surcharges are banned from October 1. What’s changing at the checkout? From October 1 this year, businesses will be banned from adding a surcharge when customers pay with a debit, credit, EFTPOS or prepaid card. The Conversation · Sep 24
Light shone on Reserve Bank's gloomy economic outlook Treasury's productivity assumption has been described as "unrealistically optimistic" but the Reserve Bank's might be too downbeat, an economist says. AAP · Sep 24
Banks likely to deploy FCNR(B) liquidity in coming months as festive credit demand rises: RBI Deputy Guv Reserve Bank Deputy Governor Rohit Jain stated that banks are expected to deploy additional liquidity from FCNR(B) deposits. This deployment is likely driven by anticipated strong credit demand during the festive season. The RBI will not direct banks towards specific sectors for fund utilization, allowing for discretion based on credit… The Economic Times · Sep 24
Unemployment rises to 4.6%, but a September interest rate hike still looks likely Unemployment rose to 4.6% in August, new Australian Bureau of Statistics figures show. That’s the highest it’s been since November 2021. The Conversation · Sep 24
Broad support for buying homes with super, poll shows Most Australians want to be able to siphon from their superannuation before retirement to purchase homes as the coalition teeters on the issue. AAP · Sep 22
AAP · Sep 20 Jobs data last piece in puzzle for Reserve Bank board Unemployment data is not expected to deter the Reserve Bank from hiking interest rates for a fourth time in 2026 when it meets later in September.
AAP · Sep 14 Iran and iPhones add to Reserve Bank's inflation pickle Reserve Bank assistant governor Sarah Hunter says the broader global economic environment could be more inflationary as a result of the AI boom.
The Economic Times · Sep 11 Rupee falls 27 paise to 95.79 against US dollar in early trade The rupee faced a decline against the US dollar in early Friday trading, greatly influenced by soaring crude oil prices and persistent foreign portfolio withdrawals. Despite having substantial foreign exchange reserves and support from the RBI, the currency remains under pressure. Increasing global yields and expensive oil are further complicating…
The Conversation · Sep 11 Yes, it’s the economy, stupid. But One Nation is outflanking the government on messaging, too Labor is no doubt dreading the likelihood of further interest rate rises, despite Treasurer Jim Chalmers talking up the economy.
AAP · Sep 9 Aussie shares wobble, oil price keeps traders on edge Geopolitical risks and a soft local economic outlook continue to weigh heavily on investor sentiment, particularly on banks and retail stocks.
AAP · Sep 8 Australians are 'furious' about inflation: RBA deputy The Reserve Bank's deputy governor Andrew Hauser says Australians are fed up with higher living costs, and want inflation to be brought under control.
The Economic Times · Sep 3 RBI faces about $11 billion bill on foreign deposits plan India's central bank secured record diaspora funds, exceeding projections significantly. This fundraising effort may incur substantial costs for the Reserve Bank of India. The RBI agreed to shield banks from currency risks on these foreign deposits. These operations could cost up to 1.2 trillion rupees over five years. The central…
The Conversation · Sep 3 Grattan on Friday: economic life won’t get much better until Australians climb that productivity mountain Treasurer Jim Chalmers would have sighed with relief at this week’s economic growth figures. Despite some preview talk of possible stagnation, we saw modest growth of 2.1% in the year to the end of June.
AAP · Sep 2 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.
The Conversation · Sep 2 Interest rates have gone up again. Why it won’t affect the prices that matter most As anticipated, the Reserve Bank of New Zealand has raised the official cash rate (OCR) by 0.25 basis points to 2.75%.
AAP · Aug 30 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.