Major bank’s warning on rate cut risk
One major Aussie bank has made a major call on when the next rate cut will kick in – and it’s not all good news.
Find the latest news and finance updates for the Reserve Bank on Australia, from cash rate increases to economic forecasts.
One major Aussie bank has made a major call on when the next rate cut will kick in – and it’s not all good news.
Freshly minted RBA deputy governor Andrew Hausen has said Australia’s central bank won’t be swayed by rate cuts in Europe and Canada.
Homeowners are steeling themselves for potential interest rate hikes following an uneasy statement from the head of the Reserve Bank.
RBA governor Michele Bullock said the bank was watching one key figure in deciding if interest rates would increase again.
The central bank has issued a note of caution following the release of firmer-than-expected inflation figures.
Economists are sounding the alarm for those already under mortgage stress after new figures showed inflation in Australia is showing no signs of easing.
Australian shares slumped on Wednesday after hotter-than-expected CPI numbers renewed inflation fears and narrowed the likelihood of rate cuts this year.
Amid concerns that simmering price pressures will delay much needed interest rate cuts, price pressures intensified in April to 3.6 per cent.
Admitting the risks around an inflation rebound had increased, the RBA board was unwilling to rule out an additional rate hike.
The rise of Australians with their own home office has contributed to Australia’s rental property shortage, a senior RBA official has warned.
Amid concerns that the Albanese government’s third budget will be inflationary, Treasurer Jim Chalmers will pour billions more into the economy.
Jim Chalmers’ Treasury department has delivered a glimmer of hope for inflation crunched households ahead of the federal budget on Tuesday.
While the Treasurer admits the inflation fight “isn’t finished yet”, there’s hope coming – and it could have major implications for homeowners, too.
As debate swirls around how to abate the country’s housing crisis, the Greens say there’s one group the finger should not be pointed at.
A rally in interest rate sensitive stocks on Wednesday pushed the sharemarket into the green for a fifth consecutive session.
A top economist has slammed the RBA’s rates decision, breaking down a key detail that could have a devastating spillover.
Aussies are owing almost $18bn in credit card debt, with experts warning it could get worse in the wake of the Reserve Bank’s latest interest rate decision.
Warning that the RBA would not hesitate to pull the trigger on further rate hikes if needed, Governor Michele Bullock revealed rate hikes had been considered.
The Aussie sharemarket has remained strong in the wake of a less than ‘hawkish’ interest rates decision by the Reserve Bank of Australia.
After a six week reprieve, Australians will learn today whether interest rates will rise again.
Releasing its fresh quarterly forecasts, the central bank painted a gloomy picture on the path for inflation, with one essential cost for many playing a key role.
Ahead of the central bank’s impending interest rate decisions, investors on the Australian share market were in an upbeat mood.
Despite concerns raised by some economists, federal Treasurer Jim Chalmers is set to reject calls for further austerity in the upcoming May budget.
Slashing the structural deficit, easing inflationary pressures, and bolstering productivity must be priorities, the Paris-based organisation has argued.
Aussie stocks edged higher on Tuesday after a slump in retail sales pushed back fears of impending rate hikes.
Stubborn inflation, strong jobs growth, and a rebounding economy could force the Reserve Bank to deliver further rate hikes, economists have warned.
After stronger than expected economic data, traders have built up bets that the Reserve Bank could hike interest rates again.
A top forecaster issued a dire interest rate warning, predicting that the RBA will be forced to hike three times before the end of the year.
Shares erased their early gains on Wednesday after firmer-than-expected inflation data took traders by surprise.
With prices rebounding over the March quarter, investors and economists pushed out their timeline for rate cuts by the Reserve Bank.
Ahead of consumer price figures for the March quarter, the benchmark notched its second session of gains.
All eyes will be on fresh inflation data to be released on Wednesday which will be critical to the Reserve Bank’s deliberations on rate cuts.
Firmer than expected unemployment data failed to ease concerns that the RBA will hold interest rates steady through to 2025.
With Australians ripped off every time they use their credit card, the RBA is considering a crackdown.
More Australians found themselves out of work last month, but the result was stronger than expected and could delay the RBA’s rate cut path.
Borrowers holding out for rate cuts could be waiting longer still for relief, with analysts expecting the RBA to wait for the Fed to move first.
Experts are urging Australians to get on top of their credit cards as the eye-watering post-Christmas debt grew again in February.
Even as household budgets come under pressure, tens of thousands of Aussies took on additional debt in February, new data shows.
Australia’s 2.6 million small and medium businesses could be key to unlocking the next wave of productivity growth.
A pivot from the Reserve Bank could mean hopeful homeowners could have their borrowing power surge by thousands.
For the first time since it started its aggressive run of rate hikes, the RBA did not consider the option, minutes from its latest meeting have revealed.
Shares clawed back losses from Tuesday’s session to come within less than 35 points of the benchmark’s all time high.
The softer-than-expected reading is a further sign the Reserve Bank could move to ease interest rates later this year.
Optimism of an interest rate cut as early as May appears to have been premature, with new government data lowering the prospect of early relief for mortgage holders.
There were hopes of a series of rates cuts coming soon, but hopes have been dashed by shock new figures today.
There were hopes of a series of rates cuts coming soon, but hopes have been dashed by shock new figures today.
The RBA governor gave few clues on when households could expect rate relief – but there is one glimmer of hope for mortgage holders.
The RBA governor gave few clues on when households could expect rate relief after keeping rates on hold for a third straight meeting.
Australia’s surging mining giants pushed the ASX higher on the day the Reserve Bank left the cash rate unchanged.
The Reserve Bank of Australia has left interest rates on hold for a third consecutive meeting, but when it comes to the outlook, it’s “not ruling anything in or out”.
With household borrowers desperately holding out for an easing in interest rates, traders on Monday trimmed their rate cut bets.
Ahead of the Reserve Bank’s second meeting for the year, the share market edged higher on Monday even as property stocks lost ground.
Months after vacating the top seat at the Reserve Bank, former governor Philip Lowe has confirmed his next move.
After new figures this week confirmed a deepening of Australia’s per-capita recession, analysts have lashed RBA governor Bullock’s latest rate hike.
Interest rates cuts are vital for Aussie mortgage holders but there is a chance that the forecast date for the cash rate cut could change.
The ASX surged to a near record high on Thursday after soft inflation and retail data suggested an end to the RBA’s rate hiking cycle.
Households, eagerly awaiting rate cuts, received some good news when the inflation rate was unchanged in January.
A former RBA governor and a former treasurer have teamed up to slam the government over plans to remove a major design of the RBA in their shake-up.
More rate hikes are still on the cards after the Reserve Bank revealed it considered whether to raise interest rates when it met earlier this month.
Australia’s biggest bank has raised mortgage holders’ hopes by predicting interest cuts will start rolling earlier than expected, with at least three reductions before Christmas.
The Reserve Bank may not cut rates until next year, the CEO of Commonwealth Bank has warned in a break with his own economists.
Michele Bullock has defended a contentious move to lift interest rates as she made a stark warning of what’s to come.
The Reserve Bank’s head of economic analysis says inflation is expected to hit target range by 2025.
The Reserve Bank governor says interest rates may need to go even higher if one thing doesn’t improve – as she offers a glimmer of hope for early reprieve.
The CEO of Australia’s biggest home builder has called on the Reserve Bank to give Aussie buyers and home owners some clarity over the future of interest rates.
The RBA has kept interest rates on hold, but won’t rule out further increases to the cash rate.
The average loan size in the state has dropped significantly while Queensland, South Australia and Western Australia have soared, according to concerning new ABS data.
The banking sector is growing increasingly confident of a coming rate cut, but the products they’ve released ahead of the next RBA move should be considered with caution, experts say.
The share market hit a new high on Wednesday as better than expected inflation figures raised hopes of an end to interest rate hikes.
A new report has revealed a frightening trend that may emerge if the Reserve Bank decide to hike rates again at next week’s board meeting.
Inflation eased in the December quarter to its lowest level in two years, all but guaranteeing the Reserve Bank board keeps rates on hold.
New inflation data released today has given the surest sign yet of whether the RBA will lift interest rates again when it meets next Tuesday.
The IMF has warned the Albanese government must slash spending and the Reserve Bank should hike rates even further.
The tax cuts, which are set to come into effect from July 1, could have major implications for the timing of rate cuts, economists have warned.
In a positive sign for borrowers, inflation continued its broad slowdown in November, easing pressure on a rate hike in February.
Borrowers hoping for rate relief in coming months may have to wait longer still after traders revise their bets on when the RBA will cut.
Australians have been warned to brace for a rough year, with a range of forecasts painting a picture of uncertainty, instability and a “bumpy” road ahead.
Australia’s central bank has warned it may be forced to deliver borrowers a 14th rate hike in the new year, with economists split on the RBA’s next move.
Buy now pay later transactions are set to become more expensive after the Reserve Bank of Australia flagged a major change to the payment option.
With cash use in freefall and distribution services becoming increasingly unviable, RBA governor Michele Bullock is racing to fix the problem.
Original URL: https://www.news.com.au/topics/Reserve-Bank/page/5