Economic News

Inflation is not only about what prices are doing today. It is also about what people believe prices will do tomorrow. That belief, known as inflation expectations, can shape how businesses set prices and how workers and employers approach pay discussions. For a central …

Oil is the most visible in the data, with automotive fuel up 23.6 per cent over the year to September.

It is an unusual thing for a central banker to say about the very subject that defines the job. Yet Sarah Hunter, Assistant Governor (Economic) at the Reserve Bank of Australia (RBA), offered exactly that wish during an interview on 60 Minutes, broadcast on …

At first glance it reads like a contradiction. In her Opening Statement to the Senate Economics Legislation Committee on 28 October 2026, delivered by videoconference to the Supplementary Budget Estimates hearing, Governor Michele Bullock acknowledged that the jobless rate had moved up more than …

Every economy has a speed limit. Drive above it for long enough and the result is not more prosperity but higher prices, as businesses and households compete for workers, materials and services that simply are not available in sufficient quantity. In Australia's case, the …

Governor Michele Bullock spoke those words at her media conference on 29 September 2026, the day the Monetary Policy Board lifted the cash rate target by 25 basis points to 4.60 per cent. It is one of the plainest explanations a central banker can …

Two numbers frame the Reserve Bank's view of jobs: 3.5 per cent and 4.6 per cent. The first is where the unemployment rate stood a couple of years ago. The second is where it had climbed to by the time Governor Michele Bullock addressed …