RBA Set to Hold Key Rate to Counter Sticky Prices, Global Risks
Breadcrumb Trail LinksPMN BusinessAustralia’s central bank is poised to keep interest rates at a 13-year high, marking a year of unchanged policy as it grapples…
RBA Holds Key Rate at 12-Year High, Defying Global Easing
Breadcrumb Trail LinksPMN BusinessAustralia’s central bank held its key interest rate at a 12-year high on Tuesday as it struggles to subdue stubborn price pressures…
Markets lookahead: Global manufacturing PMIs, SNB, and RBA rate decision
This week is packed with key economic data and events, including manufacturing and services PMIs from major economies, alongside interest rate decisions from the Swiss…
Australia Retail Sales Jump, Boosting Case for RBA Hike
Breadcrumb Trail LinksPMN BusinessAustralian retail sales rose by more than expected in May with spending largely driven by discounts in the face of elevated borrowing…
Market lookahead: All eyes set on BoE, SNB and RBA rate decisions
Three central banks - the Bank of England (BoE), the Swiss National Bank (SNB), and the Reserve Bank of Australia (RBA) - are set to…
RBA governor Michele Bullock says federal government’s $300 energy bill rebate is unlikely to affect inflation
In short: RBA governor Michele Bullock said the federal government's $300 energy bill rebate is unlikely to lower inflation or risk pushing it higher.However, Ms…
Ken Henry knows a thing or two about federal budgets. His message for Jim Chalmers? Hold steady
There aren't many economists willing to depart from the line that Tuesday's budget must tighten the belt on spending and be "contractionary" to prevent another…
Can Australia pull off the once-impossible with jobs and inflation?
It's a miracle.At least, that's the thinking of a growing number of the world's greatest minds as they ponder the thorny subject of chucking people…
Inflation steady in January, below economist expectations of a bounce
Consumer prices rose 3.4 per cent over the year to January, steady at the same annual rate of inflation as in December. The bureau's head…
With Australia’s economy at a turning point, are the stage 3 tax cuts enough to lift the government’s political fortunes?
The Australian economy is at a turning point. When the Reserve Bank meets this week for the first time in 2024, it will be assessing…