‘Cracks showing’: Rate rise threat looms
A growing list of experts now fear the Reserve Bank will hike rates next month, which could have big consequences for millions of Aussies.
Find the latest news and finance updates for the Reserve Bank on Australia, from cash rate increases to economic forecasts.
A growing list of experts now fear the Reserve Bank will hike rates next month, which could have big consequences for millions of Aussies.
Real estate investors have taken a backwards step on the sector Tuesday, as the Reserve Bank minutes show the cash rate could be hiked again.
The Reserve Bank has released the minutes from its June board meeting where it considered another rate hike. The discussion shows some storm clouds for homeowners.
The worst fears of household borrowers could soon be realised as the Reserve Bank grapples with stubbornly persistent price pressures.
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
Treasurer Jim Chalmers says higher inflation data released on Wednesday was still lower than what the government had inherited from the Coalition.
While the central bank didn’t change rates at its latest meeting, it did flag an issue it fears could have a huge impact on Australians.
Hawkish remarks from the Reserve Bank haven’t rattled investors, with Wednesday recording a quiet day of trading following Tuesday’s strong advance.
Snapping a two-day losing streak, the sharemarket rallied on Tuesday, propelled by financial and utilities stocks.
Recent spending in state and federal budgets could impact demand, putting more pressure on inflation, the Reserve Bank has warned.
There’s no mortgage relief on the horizon and now borrowers have been hit with an even worse doomsday prediction.
The “complex and opaque” charges have added to calls for greater transparency by the Reserve Bank.
Shares got off to a poor start on Monday, with weak Chinese economic data adding further uncertainty to already cautious investors.
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.
Original URL: https://www.news.com.au/topics/reserve-bank