Weak $A points to price rises for fridges, dishwashers: JB Hi-Fi

Carrie LaFrenzSenior reporter

Updated Feb 10, 2025 – 6.02pm, first published at 9.18am

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The chief executive of electronics giant JB Hi-Fi says whitegoods manufacturers are already discussing increasing prices amid a slump in the Australian dollar and the first twists in the trade war stoked by Donald Trump.

Terry Smart said higher prices could lessen the benefit of a widely expected Reserve Bank interest rate cut anticipated next week that would bring down households’ borrowing costs from a 13-year high.

Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club.