Economic News

Picture the familiar image of an interest rate rise: a household budget spread across a kitchen table, a mortgage statement, a calculator. In Australia, where many home loans are on variable rates, the link between the cash rate and household cash flow is so …

The conflict is thousands of kilometres away, but its effects travel. They show up first at the petrol bowser and in freight invoices, then in the costs businesses pass on to customers, and finally in the calculations of a central bank deciding what to …

"Oil prices have risen significantly. Disruptions to oil supply could last longer than anticipated."

Those five numbers trace the path from the Reserve Bank of Australia's August forecasts to its September decision to raise rates. The first is the cash rate that applied when the RBA published its August Statement on Monetary Policy. The second and third are …

The decision followed the Board meeting held on 29 September 2026. The RBA stated that the latest increase was the third cash rate rise since the beginning of 2026. The announcement did not specify the previous cash rate level or the effective date of …

Ross explained that Australia experienced a significant increase in inflation during the 1970s, with inflation rising from around 3 per cent in 1969 to above 16 per cent in 1974. During the same period, male average weeklyEarningsgrowth reached 25 per cent in 1974.

The cash rate target is currently 4.35 per cent, according to the RBA's August decision statement. A a 25-basis-point increase would lift it to 4.6 per cent, the highest level since the start of November 2011. All 29 economists surveyed by Bloomberg expected it. …