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Economic News

7–8 December: The Final Rate Meeting of 2026 Waiting Beyond the November Call

Almost all discussion of the Reserve Bank of Australia (RBA) right now is about the next decision, due at 2.30 pm on 3 November 2026 at the end of the Board's 2–3 November meeting. That focus is natural: it will be the first decision …

Sonal Goyal | 12 October 2026

Illustration Only: What 100 Basis Points of 2026 Hikes Could Mean on a $600,000 Loan

The RBA publishes the cash rate. It does not publish what that means for any individual mortgage, and nothing below comes from the RBA. What follows is an illustration, built on simplified assumptions, to show the arithmetic of a one percentage point rise on …

Sonal Goyal | 12 October 2026

"Inflation Is Not in Double Digits": Bullock Pushes Back on Crisis-Era Comparisons

At her media conference on 29 September 2026, the day the Monetary Policy Board lifted the cash rate target to 4.60 per cent, Governor Michele Bullock responded to a comparison between the current inflation episode and earlier eras. Her reply was short and pointed: …

Sonal Goyal | 12 October 2026

Prices 10% to 20% Higher Than They Should Be: Hauser Explains the Public's Anger

Central bankers usually talk about inflation as a rate: how fast prices are rising over a year. Households experience it differently. They notice what a weekly shop or a tank of fuel costs compared with a few years ago. In an interview on ABC's …

Sonal Goyal | 12 October 2026

Stopping High Inflation Getting "Embedded": The Real Fight Behind September's Hike

The Reserve Bank of Australia (RBA) lifted the cash rate target by 25 basis points to 4.60 per cent on 29 September 2026, effective the next day. It was the fourth increase of 2026 and the Monetary Policy Board's decision was unanimous.

Sonal Goyal | 12 October 2026

Three Upside Risks Hauser Flagged on 7.30 — and How the Board Responded Three Weeks Later

When Andrew Hauser sat down with ABC's 7.30 on 8 September 2026, the Reserve Bank of Australia (RBA) had held the cash rate at 4.35 per cent for a month. The Board's August minutes had described policy as "sufficiently restrictive", while noting that members …

Sonal Goyal | 12 October 2026

"Not Alarmed, but We Are Alert": Bullock's Stance on Bond Market Jitters

A handful of words from Governor Michele Bullock captured the Reserve Bank of Australia's (RBA) posture on bond markets at the end of September: "not alarmed, but we are alert to it."

Sonal Goyal | 12 October 2026

6.6% in Dollars, 15.5% in SDRs: How a Firmer Aussie Trims the Commodity Windfall

Australia's commodity prices are up strongly over the past year. How strongly depends on which currency you measure them in.

Sonal Goyal | 12 October 2026

Bulk Commodities 17.7% Dearer Than a Year Ago: Reading the RBA's Price Index

Every month the Reserve Bank of Australia (RBA) publishes an Index of Commodity Prices, tracking what the world is paying for the goods Australia digs up, grows and ships. The September 2026 edition, released on 1 October, carried one standout number: bulk commodity prices, …

Sonal Goyal | 12 October 2026

Gold Worth A$15.4 Billion: A Look Inside the RBA's September Reserves Tally

The Reserve Bank of Australia (RBA) holds a stock of foreign currency, gold and claims on the International Monetary Fund (IMF) known as official reserve assets. Its latest monthly tally, for September 2026 and released on 8 October, put the total at A$109,715 million, …

Sonal Goyal | 12 October 2026
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