Posts tagged "rba"

The reality is business is struggling, and in its meeting tomorrow the RBA is widely tipped to be taking the first step to raising rates by winding back quantitative easing measures.

Larger than expected increases in construction and fuel prices are responsible for a surge in the Consumer Price Index (CPI).

The RBA is abandoning its policy of “yield curve control”, meaning it will no longer defend any particular interest rate for borrowing over any particular duration.

Keeping warm this northern hemisphere winter is going to be expensive and anything made using energy — be it manufacturing or construction — is likely to get more expensive.

Billions of dollars in cheap loans given to Australia's biggest banks are being used to fund share buybacks to enrich shareholders.

Small and medium businesses are bearing the brunt of ongoing lockdowns and many are now in “wait, survive and see” mode, says Reserve Bank governor Philip Lowe.

Instead of congratulating itself on its brilliance, the Commonwealth Bank's board and management should have thanked taxpayers for enabling them to generate a huge profit.

The RBA thinks we're heading for the same rut of low wages growth as before the pandemic. That leaves workers behind and unlikely to catch up for a long time.

Australia is out of step with other advanced economies as inflation jumps, leaving the Reserve Bank's preferred measures wanting.

Suddenly we're talking about a recession that no one suspected a week ago, as lockdowns crush the economy. But the real impacts will be on monetary policy.

The latest jobs figures show Australia’s unemployment rate in June fell below 5% for the first time in a decade. So what does that tell us about the state of the economy?

Despite the pundits hyping up the possibility of a 'looming rate rise', the RBA insists it wants wages to grow before it moves on interest rates.