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MYSTERIOUS: 2 | Mind Blowing Facts

Australia’s economy slows as households tighten their belts, while AI investment surges

Australia’s economy grew by 0.3% in the first three months of 2026, slowing from 0.9% growth at the end of 2025, according to the latest Australian Bureau of Statistics figures.

The Conversation

GDP data tops the economic agenda, RBA officials speak

Reserve Bank governor Michele Bullock will get a chance to react to Wednesday's economic growth figures when she fronts a parliamentary hearing in Canberra.

AAP

FED:'Huge mistake': how Howard spurred Boomer investors

The share of property investors older than 60 has more than doubled since the capital gains discount was introduced, Reserve Bank of Australia research shows.

AAP

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Interest rates look set to hold, after inflation and fuel costs fell in April. But it’s unlikely to last

Inflation actually fell in Australia last month, thanks to temporary government fuel discounts that saw fuel prices come down by 7% from their record peaks in March.

The Conversation

Oil slump, central bank support manifest in rupee’s three-day winning streak

The Indian rupee saw its longest winning streak in a month, closing stronger against the dollar. This rise was driven by the Reserve Bank of India's market interventions and a significant drop in crude oil prices. Hopes for a U.S.-Iran peace deal boosted investor confidence.

The Economic Times

Consumer spending slows as households feel the squeeze

Consumer spending is slowing as household pressures build, with softer jobs, housing market risks and fading mortgage relief weighing on demand.

Newsroom.co.nz

AAP Rolling News Bulletin May 21, 2330

AAP Rolling News Bulletin for May 21 at 2330

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FED:Surprise unemployment jump eases interest rate fears

The Australian labour market has shown signs of softening as tens of thousands of people register as unemployed, boosting hopes of a Reserve Bank rate hold.

AAP

Jobless jump, Iran war shoot down fears of rate rise

The big four banks are tipping the Reserve Bank to hold interest rates steady at its next meeting after the jobless rate surged and as the Iran war hits home.

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Rates revelation: why RBA dissenter voted against hike

The lone Reserve Bank board member who voted against lifting the cash rate in May was less concerned about inflation expectations than the bank's economists.

The Economic Times

RBI likely to pay record dividend to govt this year

The Reserve Bank of India is set to transfer its highest-ever dividend to the central government. This substantial payout will offer the Centre a crucial fiscal cushion. The RBI's board will decide the dividend amount this month. This move comes as public sector banks also reported record profits, boosting government…

The Conversation

Get ready for a budget slowdown. But Chalmers insists we won’t see a recession

Treasurer Jim Chalmers has called his budget “ambitious in the face of adversity”.

AAP

Third RBA rate hike might not be the end for borrowers

Mortgage holders are back to square one after a third straight Reserve Bank rate hike, adding hundreds of dollars more to interest repayments since February.

AAP

Close call tipped as Reserve Bank mulls third rate hike

Traders and economists expect the central bank to raise interest rates for a third straight meeting but high uncertainty could result in another split decision.

The Guardian - AU

Another RBA rate rise won’t fix inflation – it will just smash households already hit by soaring fuel costs

The latest ABS consumer price index figures show just how pointless hiking interest rates would be at dealing with inflation. But raising rates is baked into the Reserve Bank’s DNA

The Conversation

‘Mum and dad investors’ are pulling back. What will that mean for NZ’s housing market?

In New Zealand’s long and storied romance with the property market, the “mum and dad” investor has always been a central character.

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