RBA
RBA decision risks higher cash rate peak
6 October
The surprise slowdown in the pace of rate rises risks dragging out the rate hiking cycle and forcing the central bank to go even higher than expected to dampen demand. The Reserve Bank of Australia’s 0.25 percentage point lift is the sixth...[Read More]
Consumer spending slowdown starts to show
14 September
Rate hikes and the soaring cost of living are finally starting to weigh on household spending. Non-essential outgoings decreased in August, according to CommBank’s household spending intentions index, with sectors such as travel, entertainment,...[Read More]
RBA’s ‘past decisions’ under scrutiny
14 September
A parliamentary committee will grill the head of the Reserve Bank over the central bank’s past decisions. Australian mortgage holders have endured five rate rises as the RBA seeks to bring inflation under control, with the central bank’s...[Read More]
RBA flags end of big-hit cash rate rises
7 September
The central bank delivered another super-sized rate hike in September but economists expect future rate rises to be more restrained. The Reserve Bank of Australia hiked interest rates by 50 basis points on Tuesday, bringing the official cash rate to...[Read More]