News
Another interest rate hike, but ‘sticky’ inflation likely to peak later this year
The Reserve Bank of Australia increased its cash rate by 50 basis points to 1.35 per cent as it wrapped off its July policy meeting.
Tag: Rba
Finance
Interest rates expected to rise again today
The RBA is expected to increase the cash rate today, adding to already mounting pressure on Australian households and businesses.
Finance
RBA tipped to raise interest rates today
The Reserve Bank of Australia (RBA) could potentially raise interest rates today for the first time in 11 years.
Economy
RBA holds cash rate at 10 basis points; says inflation to continue in the coming quarters
RBA decided to keep the official cash rate – the rate banks pay to lend to and borrow from one another – at 0.1 per cent.
Economy
What happens when the cash rate goes up?
A policy analogy describes the nation as a farm. The RBA is in charge of irrigation on this farm. What happens when they turn the water off?
Economy
Weak Australian dollar fuels inflation fear
A weakened Australian Dollar may spell bad news for Australia’s economic recovery.
Economy
RBA holds cash rate at 10 basis points; says Omicron unlikely to derail Australia’s recovery
The central forecast is for underlying inflation to reach 2.5 per cent over 2023.
Economy
Australia may hike cash rates to curb inflation, warns Kalkine Media
Australian interest rate markets remain poised for a far more aggressive hike path than the Reserve Bank (RBA) expects, report says
Small Business
RBA recommends regulation of buy now pay later sector
RBA backflips recommendation on buy now pay later “no-surcharge rules” that would see retailers able to pass BNPL costs to customers.
Economy
RBA observes slow wage growth
In the minutes of the Monetary Policy Meeting of the Reserve Bank Board, held on October 5th, Board members express uncertainty about Australia’s wage growth over the coming months. When comparing Australia’s wage inflation to other developed countries, members noted that reports of labour shortages caused by COVID-19 had not yet impacted wages. The minutes […]