All four big banks now expect an interest rate cut in February.
Matt Mckenzie
The feeling that better times are just over the horizon may cause some electors to look a little more kindly upon the struggling Government. But the Coalition has a far less rosy take.
Editorial
Australian borrowers have received a dose of good news as core inflation fell to its slowest pace in three years, sparking hopes interest rate relief may finally be within reach.
Matt Mckenzie, Jessica Page & Jackson Hewett
Rents and home construction costs surged in Perth through 2024 as the latest inflation data confirmed the city’s place at the epicentre of the national housing crisis.
It’s been a good while since millions of homeowners could seriously consider the benefits of an interest rate cut on their bruised and battered family budget. That all changed today.
Daniel Newell
It is bad news for households already smashed by cost-of-living pressures. New forecasts reveal Australians will have to wait another five years until their disposable income recovers to pre-COVID levels.
Cheyanne Enciso
A top bank reckons Australia’s unemployment rate can remain close to 4 per cent without driving up inflation, bolstering the case for the Reserve Bank to lower interest rates.
Australia’s quarterly inflation data this week may be key to whether the Reserve Bank finally embarks on a monetary easing cycle soon, and in turn, help decide the timing of an election due by May 17.
Swati Pandey
Australian business owners plan to ramp up their adoption of artificial intelligence and new technology as they brace for even higher costs and more red tape this year.
Thursday’s scorching-hot jobs figures have added fuel to a fiery debate about the trade-offs between fighting inflation and keeping unemployment in check.
WA Treasurer Rita Saffioti has declared it’s time — for interest rates to finally go down, saying the economic conditions are now right.
Joe Spagnolo
Relief is in sight within weeks for Australian borrowers and inflation is finally close to coming under control, ANZ has declared.
Aussies with a New Year’s resolution to change jobs are set for a good 2025 after a major bank declared the country’s strong labour market will keep steaming ahead.
Job vacancies have jumped for the first time in more than two years in a sign the thumping national labour market remains tight.
Economists reckon inflation has not slowed enough to lock in a February interest rate cut, with Australians feeling the pinch on rent, schools, and healthcare.
Sorry boomers! Gen X is set to overtake the demographic as Australia’s wealthiest generation.
Predictions of big interest rate cuts in 2024 proved far too optimistic. Will 2025 bring relief for Aussie borrowers or will it be a case of déjà vu?
Australia’s weak economy is increasingly troubling the Reserve Bank but it will need more confidence inflation is under control before moving to cut interest rates.
The International Monetary Fund warns that Australia’s large public spending program is ‘stalling the disinflation process’, and may lead to higher rates.
Jackson Hewett
The RBA is more confident that inflation is moving sustainably toward target but it’s still too soon to conclude the battle is won given a recent pick-up in consumption and a still-tight labour market.
Aussies are being slugged with an unwanted Christmas gift of higher home loan repayments, fresh figures show.
Cameron Micallef
Treasurer Jim Chalmers has appointed a corporate-heavy advisory board to the Reserve Bank of Australia following a six-month review in to how the bank sets monetary policy.
There are growing fears Australian brands will shut up shop locally with high costs threatening the future of much-loved grocery staples.
An extraordinary fall in WA’s unemployment rate to just 3.3 per cent has played a big role in Australia’s “blockbuster” November jobs data.
