RBA
The squeeze that could shut down one in 10 cafes this year
High interest rates and inflation are forcing consumers to slice their spending. That could end up sending the local cafe broke.
- by Shane Wright
Latest
Exclusive
Cost of living
Ordinary workers ‘can’t keep up’ with mortgages, rent and bills – even with multiple jobs
Working Australians, some with multiple jobs, are inundating financial counselling services at COVID-era levels as interest rates and inflation make life unaffordable.
- by Shane Wright
Rents, weather events and premiums mean fight against inflation not yet won
Australia’s inflation rate has been falling for over 18 months, but rent and insurance inflation are among the household essentials bucking that trend.
- by Rachel Clun
Opinion
Interest rates
How the Trump-Biden debate increased the chance of a rate rise in Australia
A rise in Australian bond yields this week shows how a showdown between two elderly and less-than-impressive politicians could send ripples of unease throughout the global system.
- by Stephen Bartholomeusz
Albanese government set to announce new antisemitism envoy
Prominent businesswoman Jillian Segal is set to be given the high-profile gig following months of political pressure during the war in Gaza.
- by Kishor Napier-Raman and Stephen Brook
Early end-of-financial-year sales help lift retail spending
Retail turnover rose by 0.6 per cent in May following two sluggish months of consumer spending.
- by Rachel Clun and Shane Wright
Analysis
Interest rates
The only certainty for your mortgage rate – Reserve Bank uncertainty
The Reserve Bank is supposed to have a handle on how the economy will perform over the next two years. Its minutes show it doesn’t.
- by Shane Wright
Opinion
Interest rates
Two reasons why the RBA will have to hike rates again, and soon
When the RBA board next meets, I believe there’s a better-than-even chance it will raise rates for the first time in nine months to 4.6 per cent.
- by Steven Hamilton
Opinion
Interest rates
Why interest rate speculators should get back in their box
The future of interest rates needs more brainpower and a lot less idle speculation.
- by Ross Gittins
Rate rises hit the jobs market as ‘help wanted’ signs disappear
The Reserve Bank has said it wants to bring down inflation and keep the jobless rate as low as possible. Now job vacancies are starting to fall sharply.
- by Shane Wright
August rate rise on RBA agenda after inflation increases
Even though prices fell in May, overall inflation has lifted to a six-month high of 4 per cent. Mortgage holders face a nervous wait for the Reserve Bank’s next meeting.
- by Shane Wright