Posts tagged "rba"

Australia’s economy is now more than 5% bigger than it was before COVID-19, a better performance than most comparable economies.

The Reserve Bank of Australia has declared it will increase the cash rate target for a fifth time by 50 basis points to 2.35%, following its monthly meeting this afternoon.

Australia’s consumer price index is about to go monthly, meaning Australia will join most of the developed world in getting an update on inflation at the end of every month, instead of once every three months as at present.

Australia’s top economists are divided about how to tackle ballooning inflation of 6.1% that’s forecast to climb to a three-decade high of 7.75% by the end of the year.

Low-income Australians can't do a thing about inflation, but they'll have to wear the cost of dealing with it.

If the Productivity Commission really wants to link productivity to higher wages, it should look at the market power of corporations, says Bernard Keane.

Why did the Reserve Bank just hike its cash rate by an out-sized 0.50 percentage points for the third consecutive month, taking it to 1.85%? Partly because it knows what is to come.

Higher interest payments are on the cards for small businesses and household borrowers after the Reserve Bank of Australia lifted its cash rate target by 0.5% to 1.85% on Tuesday.

Current inflation levels in Australia have only been seen once in the past three decades. Where is being hit hardest?

The composition of the RBA board is to be considered in the review now underway. Should it be more representative, or left to the experts?

Profits, not wages, are the main driving force behind inflation, according to a new report that throws light on major companies posting big profits while passing on higher prices to customers.

Recent findings suggest the average outstanding invoice is now repaid in 38 days, compared to 31 days in January.