Posts tagged "australian reserve bank"

The prices quoted on the Australian Securities Exchange implied a 52% probability of an increase in the Reserve Bank cash rate next Tuesday and a 48% probability of no change.

What if the Reserve Bank achieves something truly remarkable – a steady decline in inflation without further interest rate increases, and without bringing on a recession?

The Reserve Bank decided to keep interest rates on hold at 4.1% because it thinks there’s a chance – just a chance – it has lifted them all it needs to.

The RBA’s latest forecasts now assume no further rate rises will be needed for inflation to fall back to the central bank’s 2-3% target range by mid-2025.

Chalmers offered in-principle agreement to all 51 of the panel’s recommendations and said he would be seeking support from the Opposition for any legislation needed to implement them.

Unemployment has barely budged even as the central bankers do all they can to cool the economy.

The RBA has been relying on house prices falling to help reduce consumption and lower inflation. The bank has left itself the option to lift interest rates next time it meets, in early May.

The RBA's latest growth forecasts make for grim reading, especially after lifting interest rates for a record nine times in a row.

 SmartCompany looks back at some 2022 predictions made one year ago. What did we get right, and what did we get wrong?

Despite allegations of fraud, strong-arming and abuses of power, Australia's big four banks say SME lending framework is broadly appropriate.

The New Payments Platform will make payments instant and irreversible, which will benefit banks, consumers and fraudsters alike.

Want to end a recession and save the planet? It’s easy: just pay a bonus for buying a new car. It’s the one item everyone is looking for an …