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
Latest
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
Interest rates
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
Greens fear ‘sweetheart deal’ on gas tax change
The government faces more pressure on its planned overhaul of gas taxation, with Greens leader Adam Bandt saying producers will benefit rather than taxpayers.
- by Shane Wright
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
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
Not happy little Vegemites: food prices rising faster than inflation
Prices for breakfast staples such as dairy goods and spreads have climbed 13 per cent over the past year.
- by Shane Wright
The rental market – an unhappy marriage headed for divorce
Owning 100 per cent of one property might not be the best long-term solution as home ownership moves further out of reach for many Australians.
- by Shane Wright