Why RBA is not cutting rates yet
The Reserve Bank’s call to keep rates on hold has been barely affected by the recent decision in the US, but there are indicators of when they’ll be dropped, writes John Rolfe.
The Reserve Bank’s call to keep rates on hold has been barely affected by the recent decision in the US, but there are indicators of when they’ll be dropped, writes John Rolfe.
Treasurer Jim Chalmers has been urged to adopt a “crazy” new strategy if he really thinks the RBA is smashing the economy – simply overrule it.
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
More and more Australians are taking on multiple jobs to keep their heads above the water, but the issue runs deeper than just cost of living.
A student who had no idea her university debt would surge has lashed Australia’s “broken” HECS system – declaring it’s becoming “impossible” for Gen Z to go to uni.
The pay packets of 2.8 million Australian workers have become the latest battle between business and unions.
The pay packets of 2.8 million Australian workers have become the latest battle between business and unions.
Ten of 11 sectors on the ASX ended the day in the green, with rate-sensitive real estate stocks and positive sentiment around Chinese growth propelling the uplift.
A key business group has claimed the generosity of previous wage hikes and cost pressures on small businesses mean some workers should have to stomach a real wages cut.
The federal government has urged Australia’s wage umpire not to use incoming tax relief as an excuse to halt lifting wages.
Supermarket catalogues from a decade ago to just four years ago show how prices have jumped exponentially.
A surprising portrait has emerged of Australia’s first home buyers as it’s revealed one in five buying in 2023 had a specific purpose for their purchase.
Australian homeowners are feeling the pinch as mortgage delinquencies reached their highest point following the RBA’s November rate hike.
A new RBA report has revealed some Australians are spending more than they earn on servicing their mortgage, as the bank refuses to rule out more rate hikes.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/44