Posts tagged "inflation in australia"

In recent years, housing became more expensive at a faster rate than essentially everything else. Is there more room for prices to drop?

Rising interest rates are meant to encourage saving. But our high savings buffer means we're still spending freely while inflation rises.

You might not know it from reading Tuesday’s statement announcing Australia’s eighth consecutive increase in interest rates, but our Reserve Bank might finally have done enough.

Wages are up and profits are down as the unemployment rate hovers at record lows and businesses scour the country, desperate for available workers.

Reserve Bank governor Philip Lowe also says inflation will hover above 3% in two years.

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

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

With the US facing a recession and interest rates rising globally to curb inflation, Australia is facing a tumultuous economic period.

The Reserve Bank is pushing up interest rates to take money out of our hands, so why is the government scheduled to do the opposite?

"What we’re not hearing enough of is what our politicians will do to manage the impact of inflation and interest rates on small business owners," writes COSBOA CEO Alexi Boyd.

With interest rates on the rise, experts say small businesses should get ahead of further increases without panicking over the first hike.

The Reserve Bank of Australia will lift its cash rate target by 25 basis points to 0.35%, marking its first rate hike in more than a decade.