A package of Reserve Bank of Australia (RBA) card payment reforms takes effect on Thursday 1 October 2026. According to the RBA's Conclusions Paper published on 31 March 2026, the Payments System Board decided to remove surcharging on debit, prepaid andCreditcards and to lower …
Trade press reports of preliminary Cotality data put the combinedCapitalcity clearance rate at 50.3 per cent, a 10-week low. Broker News reported 1,428 auctions, down 22.4 per cent on the previous week. Sydney recorded 53.6 per cent from 790 auctions, Melbourne 48.8 per cent, …
Treasurer Jim Chalmers has been defending the federal government's tax settings after the release of the 2025-26 Final Budget Outcome, which showed tax receipts at 24.1 per cent of gross domestic product. The document, published in late September 2026, put total tax receipts at …
US Treasury data showed the 10-year par yield at 5.24% and the 30-year yield at 5.56% on 28 September 2026. Earlier in the month, the 10-year yield stood at 4.79% on 1 September, while the 30-year yield was 5.27%. This means the 10-year yield …
The research paper was prepared by Martin McCarthy from the RBA, Umberto Collodel from theCentral Bankof Malta and Prakash Loungani from Johns Hopkins University. The authors note that the views expressed are their own and do not necessarily represent the views of the RBA …
Australia’s householdBalance Sheetmoved higher in the June quarter, but the source of that growth shifted away from property.Superannuationgains became the main driver asEquitymarkets recovered, while residential land and dwelling values declined and household borrowing increased. The latest figures show how financial assets, property values …
Australia added jobs in August, yet the unemployment rate still moved higher as more people entered the labour force. Employment increased during the month, but the rise was concentrated in part-time work, while the number of unemployed people also grew. The August labour force …
Australian consumers are showing clearer signs of restraint as cost pressures reshape where household budgets are being directed. Household spending increased only 0.1% in August, with essential categories taking a larger share of expenditure while several discretionary areas moved lower.
Australians can be cutting back while inflation remains elevated, and the two trends are not necessarily contradictory. Inflation measures the pace at which prices are changing rather than how comfortable households feel or how much they are buying.
Australia’s next interest-rate decision is approaching with CBA economists now expecting the Reserve Bank of Australia to lift the cash rate by 25 basis points to 4.60% at its 28–29 September meeting. The revised call brings forward an increase previously expected in November and …