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YOU WONT BELIEVE: Luci ellis - What They Never Told You

RBA interest rates: Reserve Bank holds official cash rate at 4.35%

Reserve Bank of Australia decision on Tuesday comes after three consecutive cash rate hikes this year

The Guardian - AU

What Avril Lavigne can teach Chalmers ahead of budget

The best thing the federal government can do to boost productivity in the budget is to make things less complicated for businesses, a top economist says.

AAP

Top forecaster's dire prediction if Iran war drags on

Australia could enter a recession, with the Reserve Bank raising interest rates a further three times, economists warn as fears of a protracted conflict mount.

AAP

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CBA ups inflation prediction as supply chains strain

Australia is staring down the barrel of inflation above five per cent as a result of the Iran oil supply shock, economists from the Commonwealth Bank warn.

AAP

Hard time for renters as landlords squeeze tight market

Rising interest rates and living cost pressures mean it will be a tough year for the housing market, and even more so for renters.

AAP

Is Tim Wilson an ‘inflation nutter’? Why the new shadow treasurer’s RBA comments are making waves

Liberal MP claims the Reserve Bank has been soft on inflation. Labor says questioning the RBA’s dual mandate amounts to a ‘plan for higher unemployment’

The Guardian - AU

Mortgage holders brace for hundreds more in repayments

Two incorrect assumptions have set the Reserve Bank on track for a costly U-turn on interest rates, with borrowers facing steeper repayments on their mortgages.

AAP

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A stooge in the US Fed could blow out inflation in Australia – but Trump is unlikely to get his way

Global consequences likely to be severe if the president is able to take control of US central bank

The Guardian - AU

Rate rise flagged as RBA does a Grinch with no Xmas cut

More rate relief for borrowers has essentially been ruled out by the Reserve Bank governor as the central bank mulls over when to lift rates again.

AAP

Interest rate decision to dominate economic agenda

Mortgage holders are unlikely to get a leg up from the Reserve Bank this week, with markets and analysts predicting the cash rate to remain on hold on Tuesday.

AAP

'Get on with it': next move key with rate cut baked in

With markets all but assured the Reserve Bank board will cut interest rates at its upcoming meeting, the bigger question for traders is what they say next.

AAP

Homebuyers stand to win as big bank ups rate-cut bet

Westpac's chief economist has added two more rate cuts to her forecast for 2026 with lower immigration expected to drive down rents and inflation.

AAP

Egg, housing costs might fry hopes of earlier rate cut

Headline inflation has held steady but came in hotter than economists expected in the year to April. Whether it's a blip or something else remains to be seen.

AAP

Healthy inflation data should help ease mortgage pain

Quarterly numbers are expected to show inflation has drifted into the Reserve Bank's target range to set up a further interest rate cut.

AAP

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AAP

Consumers feel finances slide but hold hope for future

Easing inflation is increasing the likelihood of a near-term rate cut, which would provide a welcome boost to consumer sentiment in 2025.

The Guardian - AU

Does Trump’s US victory mean Albanese will lose the next Australian election?

The countries share a 4.1% unemployment rate. What other clues might indicate the political fate of Australia?

The Guardian - AU

Australia’s productivity riddle – and what it might mean for interest rates

Michele Bullock keeps telling us productivity is flatlining. How it changes may well determine if the Reserve Bank will tolerate wage rises beyond 3%

The Guardian - UK

Biker style: motocross jackets revving up summer this year

The stylish garment has been sported by Austin Butler in The Bikeriders, by Little Simz on stage and even by bicycle commuters

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The Conversation

Cheaper mortgages, tamed inflation and even higher home prices: how 29 forecasters see Australia’s economic recovery in 2024-25

Australia’s top economic forecasters expect the Reserve Bank to start cutting interest rates by March next year, taking 0.35 points of its cash rate by June.

The Guardian - AU

Can Australia’s borrowers dodge another interest rate hike? We’ll know more soon

May’s inflation figures sent alarm bells ringing that the RBA would hike rates. But technically we are still on track for the central bank’s target

The Guardian - AU

Australia’s economy 2023 report: how it started v how it’s going

Stronger than expected population growth made inflation hardier than most experts predicted and property prices defied successive rate rises

The Guardian - AU

Bracket creep is cooling Australia’s economy – it’s good news for interest rates but not for household budgets

The weak economy probably means the next RBA rates move – short of an inflation surprise next month – will be a cut

The Conversation

Think the RBA will lift rates on Melbourne Cup day? Don't bet your house on it

Each of Australia’s big four banks is now predicting a rate rise in six days’ time on Melbourne Cup Tuesday. It would add another A$77 to the monthly cost of servicing a $500,000 mortgage and be enough to take the total extra monthly impost since rates began climbing to more…

The New Daily

Michael Pascoe: Higher education rates also key to generational gap on home ownership

Generational factors are more to blame for the housing crisis than hipsters’ love of expensive smashed avo on toast.

The Conversation

What made rents soar? It might have been COVID, and pairing off

So, you think you know why rents climbed.

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