14+ hour, 30+ min ago   (595+ words) Persistent inflation has increased the likelihood of another RBA rate rise before the end of the year, CBA’s Belinda Allen says. CommBank economists now expect the Reserve Bank of Australia (RBA) to raise the cash rate in November, following a…...

1+ day, 8+ hour ago   (590+ words) Australia’s annual inflation rate eased in July, but stronger underlying price pressures have increased the risk of another interest rate rise later this year. Australia’s annual inflation rate fell in July, but the latest figures suggest price pressures remain stronger…...

2+ day, 8+ hour ago   (1423+ words) Politicians and business leaders say Australia’s living standards won’t lift until we increase our productivity. Why? Politicians, economists and business leaders regularly say Australia needs to improve productivity if living standards are going to rise. “The best way to sustain…...

2+ day, 11+ hour ago   (680+ words) Higher interest rates are starting to cool the Australian economy, housing market and demand for new mortgages, but the Reserve Bank is keeping the door open to another rate rise if inflation pressures persist. Australia’s latest interest rate decision came…...

6+ day, 9+ hour ago   (448+ words) Foreign investment approvals for Australian property have fallen sharply after the introduction of a ban on overseas buyers purchasing existing homes. By AAP & CBA Newsroom Purchases of Australian property by overseas investors have fallen sharply after the government announced a…...

6+ day, 14+ hour ago   (421+ words) Australian household spending lifted by 0.6 per cent in July, with discretionary spending on experiences helping fuel the jump. Household spending rose 0.6 per cent in July, with households continuing to prioritise spending on experiences and discretionary categories despite downward pressure on…...

6+ day, 14+ hour ago   (605+ words) Australia’s unemployment rate has edged up to 4.5 per cent, adding to signs the jobs market is softening as the Reserve Bank weighs whether more rate hikes are needed. Australia’s unemployment rate has climbed to 4.5 per cent, adding to the case…...

1+ week, 6+ day ago   (580+ words) Annual wage growth edged up in July, but the impact of higher award and minimum wages has so far been more modest than expected. Wage growth picked up modestly in July as the jobs market showed few signs of shifting…...

2+ week, 1+ day ago   (322+ words) The Reserve Bank now expects labour productivity to shrink 0.5% in 2026, down from 0.2% growth. By AAP & CBA Newsroom As the RBA board held interest rates steady for a second-straight meeting, it noted that it could do so because the economy had…...

2+ week, 2+ day ago   (371+ words) Australian shares have improved after a rate hold from the Reserve Bank. By AAP & CBA Newsroom Money markets and economists are in near-unanimous agreement that the Reserve Bank's monetary policy board will hold the cash rate steady at 4.35% when it…...