Interest rates
Inflation surprise puts rate rise back on agenda
Rents, bread and cheese are continuing to keep inflation high. The Reserve Bank board meets next week with a rate rise back on the agenda.
- by Shane Wright
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Updated
World markets
Inflation shock drives ASX to the lowest close in a month
Higher-than-expected inflation data sent the Australian sharemarket to its lowest point since March, with miners, energy companies and consumer stocks taking a hit.
- by Millie Muroi
Analysis
Australian economy
Lowe keeps his critics at bay in what could be his last Senate grilling
RBA governor Philip Lowe has come under fire for months. But at what might have been his last parliamentary appearance, he went out with more whimper than bang.
- by Shane Wright
Collapse in new home approvals tipped to worsen housing affordability crisis
The data comes as Treasury secretary Steven Kennedy warns the Australian economy may have already entered a weak period of growth.
- by Shane Wright
Opinion
RBA
Catch-22 squared: The RBA’s inflated dilemma over interest rates
The Reserve Bank pushes up interest rates to quell inflation. But those higher rates can also add to inflation.
- by Shane Wright
‘One very big mistake’: Economist Ross Garnaut gives his verdict on Reserve Bank
The economist has urged the central bank to pause interest rates rises, and says it caused unnecessary unemployment and slow wages growth with its decisions last decade.
- by Madeleine Heffernan
Exclusive
Australian economy
Harry Styles our economy: How sport, singing kept us spending
Despite high inflation and interest rates, big sporting and musical events from Harry Styles to Ed Sheeran and Elton John have kept us spending.
- by Shane Wright
Exclusive
Negative gearing
Landlord tax deductions soar as interest rates bite property market
Soaring interest rates are hitting all mortgage holders including landlords, who will pass on some of the cost to the federal budget.
- by Shane Wright
Interest rate reality bites as consumers snap shut wallets
High inflation and high interest rates are now biting hard into consumers’ spending power. One senior economist believes rates will soon have to be cut hard.
- by Shane Wright
Analysis
Inflation
Why is it so important to keep inflation in check?
For those feeling the pain of higher mortgage repayments, it’s reasonable to question why inflation matters so much.
- by Paul Benson
Exclusive
RBA
‘Sometimes what is not said is also noteworthy’: RBA keeps mum on review discussion
Minutes of the RBA board’s most recent meeting failed to mention the recently completed bank review. But the review was a talking point for board members.
- by Shane Wright