Rates response by RBA: cut, cut and more cuts
The Reserve Bank is almost certain to cut interest rates next month and follow up with as many as three further reductions this year, traders say.
The Reserve Bank is almost certain to cut interest rates next month and follow up with as many as three further reductions this year, traders say.
Business leaders have agonised over a global economic hit from US President Donald Trump’s sweeping intervention on tariffs, which will ripple through world trade and inflate costs.
Asia is the heart of the world’s manufacturing hub and Australia sits at the start of a complex supply chain. So despite relatively mild tariffs on our exports, the Asian hit will be seismic.
The UK is looking to shore up impacted businesses but is ‘staying calm’ while the European Union considers how to retaliate against Donald Trump’s tariffs.
A day after dabbling with dismal science fictions on productivity, wages and inflation, the Prime Minister has sensibly gone back to basics.
On a day in which $58bn was initially wiped from the value of Australian stocks, the ASX limped home from tariff shock in a less perilous state but experts say a big correction is on the way.
Apple could be one of the biggest losers in Donald Trump’s global trade war – and Australians risk more pain to the hip pocket, potentially paying more for iPhones. Here’s why.
NSW pulled the pin on Star’s much-needed financing deal leaving Star boss Steve McCann with limited options. This is what comes next.
The first meeting of the new-look RBA policy-setting board has come out with the same result one would expect from the former arrangement.
RBA governor Michele Bullock says Australia potentially faces slower growth and higher inflation thanks to the global trade conflict brought on by the Trump administration.
Jim Chalmers on Tuesday immediately looked to the potential for a May rate cut, as he said the mooted post-election RBA shift would be a result of Labor’s strong economic management.
Financial analysts say the Coalition’s plan to ask regulators to relax the ceiling on borrowers risks increasing house prices while creating only a small benefit.
Australia’s central bank is trying to war game how tariffs will impact inflation and global growth. The real answer is it doesn’t know.
The BlackRock boss has put forward a defence for globalisation as he argues markets hold the key to creating more evenly distributed wealth.
The Reserve Bank is set to keep interest rates unchanged on Tuesday as it awaits the outcome of the May 3 election and the impact of US President Donald Trump’s tariffs.
The Reserve Bank’s newly-formed monetary policy board needs to get down to business quickly and debate the merits of an immediate interest-rate cut when it gathers for its first meeting this week.
A new Qantas chairman is quietly rebuilding a board dogged by scandal. The tech billionaire should take notice.
The Australian sharemarket is expected to move lower on Monday, but the mining giants could provide a degree of support.
The role of the Greens and teals in the 2025 federal election is striking fear into the hearts of some business leaders. Others just want to get on with governing.
The chief US negotiator of America’s free-trade agreement with Australia says there is no compelling reason for Canberra to be targeted in Donald Trump’s planned tariffs.
Labor and the Coalition need to adopt an ‘Australia first ethos’ to turbocharge flatlining productivity and bolster competitiveness, say business leaders.
Investors are taking a wait-and-see approach to the federal election on May 3 but a close result or even a minority parliament formed with the help of independents would not go down well.
Business likes certainty and Donald Trump is the antithesis, even if his supporters say his programs will translate into longer-term growth. Meanwhile, growth stocks are gaining traction.
Albanese has declared he wants to make this election about the cost of living. The real test will be on how forgiving voters are prepared to be on interest rates.
Money managers are spruiking the next evolution in private lending, but cracks are appearing just as retail investors step in.
Australia should use uranium as a bargaining chip in trade talks with the US aimed at lessening the effect of tariffs, says the Minerals Council.
The Coalition’s proposal to slash costs at the bowser risks rekindling inflation, threatening to further delay interest rate relief.
The danger is these relief measures can get out of hand, blowing up the budget and being counter-productive.
The latest shot in Donald Trump’s trade war caused barely a ripple on global markets, but the risk of recession is now at an ‘uncomfortably high’ level.
The powerful Wall Street investor says markets need to hold their nerve and focus on the long term opportunities powering the world’s biggest economy.
Original URL: https://www.theaustralian.com.au/business/economics