Interest rates
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Australian economy
Fuel and power costs stopping businesses from profit-boosting changes
The retail sector has been struggling for almost two years, as high inflation and interest rates hit the spending plans of consumers.
- by Shane Wright
Latest
Reserve Bank holds interest rates as economic path gets ‘narrower’
Home buyers have been given another reprieve by the Reserve Bank, but governor Michele Bullock warns the path to a soft economic landing is narrowing.
- by Shane Wright and Millie Muroi
Rates remain on hold, but these home owners are doing it the toughest
Households are stretched to their limits and some are already behind on mortgage repayments.
- by Jim Malo
Analysis
Analysis
‘Uncertain’ times: Why the RBA’s interest rate decisions are getting harder
The RBA has found itself in uncertain times, as it tries to bring inflation down without driving the country into a recession.
- by Shane Wright
RBA set to hold rates as price pressures remain
Economists still expect the next rate move will be down, but those with home loans might have to wait until next year to see it.
- by Poppy Johnston
Australians have been short-changed billions. Now banks are being forced to change
Treasurer Jim Chalmers is unveiling changes to how banks inform their customers on everything from deposits to mortgage rates, so people can make better financial choices.
- by Shane Wright
‘Almost too good to be true’: Jobless rate eases as 40,000 people find work
But there are signs the job market is gradually loosening, giving the RBA little reason to lift interest rates next week.
- by Rachel Clun and Shane Wright
Opinion
Opinion
Fed’s rate cut caution can’t spoil Wall Street party
The US central bank has dialled back expectations of rate cuts this year. The US sharemarket still hit another record overnight as investors bet on a soft landing for the world’s largest economy.
- by Stephen Bartholomeusz
Updated
World markets
‘Still too high’: Fed signals just one rate cut coming in 2024
Fed chief Jerome Powell says the central bank still needs to see more evidence that it is winning the war on inflation.
- by Jonnelle Marte
Exclusive
RBA
RBA overhaul in limbo over stand-off on rate-setting board
The RBA was supposed to be dragged into the 21st century with huge changes to how interest rates are set. But the July 1 start date will be missed.
- by Shane Wright
Two years of tightening belts: How our spending habits have changed under Albanese
Consumers have had to rearrange their shopping baskets since the 2022 election to continue buying the things they need.
- by Rachel Clun