One of the big four banks has warned that the RBA may be waiting too long to cut interest rates, joining a growing club of commentators expecting no move until May.
Matt Mckenzie
A fresh survey of economists has revealed most are still tipping an interest rate cut by March — but one investment bank has warned a big spending election would delay relief for many months.
Huge stimulus launched by the Chinese Government may only have a “modest” impact on Aussies this time around, the Reserve Bank says.
Minutes from the most recent interest rate meeting of the Reserve Bank have revealed the three key triggers the board will be watching to bring about long-awaited rate relief.
Jackson Hewett
A rising number of Aussies are selling homes to cope with financial stress, the Reserve Bank has warned — but most are not doing so at a loss.
Public appearances by Reserve Bank officials will be scoured for clues to where interest rates might be heading next and how they view the economy.
Poppy Johnston
A major bank has punted back their prediction for interest rate relief as Australia’s jobless rate continues defying gravity.
Matt Mckenzie & Jake Dietsch
Geopolitical tensions are becoming a key concern of the Australian business community, as President-Elect Donald Trump names a cabinet that is protectionist in outlook and hawkish on foreign affairs.
Neale Prior
It’s not great news for borrowers.
The pace of Australia’s wage growth has slowed to 3.5 per cent for the year to September, despite a booming jobs market.
The Commonwealth Bank says there’s one reason why Australia’s economy is stuck in the slow lane, even if it remains ‘fundamentally sound’.
Australian consumer sentiment has reached its highest level since the Reserve Bank started its aggressive interest rate hike cycle. But the re-election of Donald Trump in the US has caused some uneasiness.
Cheyanne Enciso
By opting to favour jobs over inflation, the Reserve Bank is stuck in neutral waiting to see what a 100-tonne Trump truck will do the global economy.
ANZ chief executive Shayne Elliott is pushing hard into artificial intelligence to juice returns and grow market share.
Reserve Bank of Australia boss Michele Bullock says the inflationary effect of Donald Trump’s looming presidency will depend on how many of his promised policies he gets to implement.
A major investment house has punted back their prediction for when the Reserve Bank will lower interest rates, as some economists warn there’s a chance a cut may not come at all.
Michele Bullock says Australians won’t be “tossed out of their jobs” as her Reserve Bank keeps a close eye on the strong labour market before making any move on interest rates.
The Reserve Bank has kept the country’s official interest rate on hold at 4.35 per cent and warned it will be “some time yet” before inflation is under control.
Could the RBA surprise us all with a rate cut? The market punters aren’t giving it great odds but as the Melbourne Cup has proved so many times before, an outside bet can reap big rewards.
Daniel Newell
Think interest rates are high? New numbers show the pressure in Australia is less severe than many other big economies.
Inflation has slowed, and that’s a good thing. But prices are continuing to rise, and thanks to our protracted inflation cycle, they’re doing so off a much higher base.
Editorial
Jim Chalmers says Australia is on track for a soft landing after inflation dropped to its lowest level since 2021 — but the numbers are unlikely to sway the RBA to cut interest rates.
Matt Mckenzie & Ellen Ransley
Australia’s headline inflation rate might fall within the RBA’s target range, but don’t expect a rate cut anytime soon, economists warn.
Cameron Micallef
For the first time in more than a decade, WA has reclaimed the title of Australia’s best-performing economy — driven by a resilient jobs market, booming house prices and our insatiable appetite for shopping.
