Interest rates
Reserve Bank more pessimistic than government about when inflation will decline
Quarterly statement on monetary policy suggests RBA may need to hoist interest rates higher for longer
Peter Hannam Economics correspondent
05, Aug, 2022 @4:13 AM
Three of the big four banks raise variable home loan interest rates by half a point to match RBA rise
Increase puts the banks’ variable interest rates at highest in three years with Westpac and NAB yet to respond to official cash rate hike
Australian Associated Press and Peter Hannam
04, Aug, 2022 @4:09 AM
Australia’s economy is set to grow slower than it ever has outside of recession. This is bad news for our standard of living | Greg Jericho
The economic growth forecasts are truly dire and point to rising unemployment and falling wages growth
Greg Jericho
03, Aug, 2022 @5:30 PM
Liberal MP Bridget Archer to cross the floor on climate bill – as it happened
This blog is now closed
Cait Kelly and Amy Remeikis (earlier)
03, Aug, 2022 @9:25 AM
The Reserve Bank has to navigate a path away from inflation but the economic signals are months old | Peter Hannam
While backward-looking labour market data is still robust, property prices provide a taste of the deteriorating outlook
Peter Hannam
02, Aug, 2022 @5:30 PM
TGA extends shelf life of Covid anti-viral stock – as it happened
This blog is now closed
Cait Kelly and Amy Remeikis (earlier)
02, Aug, 2022 @9:16 AM
‘It made us nervous’: rising interest rates and falling property prices squeeze household budgets
Successive rate hikes to cost average homeowner an extra $610 a month in mortgage repayments compared to what they were paying in April
Cait Kelly
02, Aug, 2022 @6:56 AM
RBA interest rates: Reserve Bank lifts official cash rate by 50 basis points to 1.85%
Decision is fourth monthly rise in a row, as Australia’s inflation rate soars beyond target range of 2% to 3%
Peter Hannam
02, Aug, 2022 @6:25 AM
Australia’s official interest rates expected to rise by half-percentage point, economists say
Experts predict RBA interest rate decision today will lift cash rate to 1.85%, marking a 175-basis point increase since May
Peter Hannam
01, Aug, 2022 @5:30 PM
Australian property prices tumble at rates not seen since GFC
Interest rate rises lead to dwelling values falling for third month in a row with Sydney prices down 5.2% since January
Peter Hannam Economics correspondent
31, Jul, 2022 @8:50 PM
The RBA is increasing interest rates to counter inflation – but it will also slow wages growth
Combined with major price increases on essential items, the RBA’s policies will deliver a brutal whack to lower-income households
Greg Jericho
27, Jul, 2022 @5:30 PM
IMF outlook for world economy could herald dark clouds for Australia
Analysis: Treasurer Jim Chalmers will no doubt reveal inherited budget bungles but he won’t need to look far for new tales of economic woe
Peter Hannam
26, Jul, 2022 @10:07 PM
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