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News
Inflation numbers to bring relief for mortgage holders
10+ hour, 37+ min ago (601+ words) By Andrew Brown in Canberra Mortgage holders will likely be able to breathe a sigh of relief with the Reserve Bank largely tipped to keep interest rates on hold. Governor Michele Bullock and the central bank’s board will meet on…...
Public spending rebound lifts economic growth forecasts
5+ mon, 5+ day ago (644+ words) By Jacob Shteyman in Canberra Increased federal government spending is set to drive Australia’s economic growth to its highest level in almost a decade, outside of the pandemic. Sharp growth in defence investment and spending by federal public corporations contributed…...
Bank chief's big watch on inflation cost of Iran action
5+ mon, 6+ day ago (597+ words) By Jacob Shteyman in Canberra It’s unclear whether the US-Israeli attacks on Iran will amplify or dampen inflation, the head of Australia’s central bank says. Reserve Bank governor Michele Bullock said the bank was closely watching events in the Middle…...