inflation

Tag

Inflation has slipped below 6%, but is it enough to stop Reserve Bank from raising interest rates?

The prices of new dwellings grew more slowly as demand eased and problems with the supply of materials improved

Meet Michele Bullock, first woman Governor of Reserve Bank of Australia

The big question facing the bank at the moment is how high to lift interest rates to reign in inflation and bring it back towards the RBA’s 2–3% target band.

How do I tell my kids we are currently short on money – without freaking them out?

Many kids learn about their parents financial difficulties this way. Something they’ve always been able to have is suddenly denied them. The penny drops.

Will cutting GST on fresh produces help those most in need?

As often happens during a cost of living crisis, there have been calls to remove the goods and services tax (GST) from fresh produce.

With rising interest rates people cutting down on food spending

The CommBank HSI Index was led lower by reduced spending intentions in home buying, health & fitness, transport and household services.

RBA’s latest forecasts are grim for you, Here are 5 reasons why

The central bank expects Australia’s economy to slow this year due to rising interest rates, higher cost of living, and declining house prices.

Can the richer countries afford to stop the debt crisis?

Unfortunately for many emerging economies, the reserves they hold are simply not enough to cover all of these demands – especially after energy prices soared when Russia invaded Ukraine.

How much extra your mortgage will be as Reserve Bank lifts cash rate to 2.6 per cent

"Unless you’re on a fixed-rate mortgage, the banks will likely follow the RBA’s lead and increase the interest rate on your variable home loan soon.

Why capping food prices won’t work – and will actually make things worse

The price hikes have led to calls for supermarkets to impose price caps to ensure shoppers can still afford to feed their families healthy food.

Early interest rate rise a certainty amid rapidly evolving inflation

Economists expect annual inflation could reach as high as five per cent compared with 3.5 per cent now.

Must-read

Melbourne family shattered by loss of 16-year-old son, calls for better pedestrian protection

Chris Rua Antony died in hospital on February 20, a week after he was struck by a car while walking home from school along Pound Road in Narre Warren South.

Gaza’s endless War: Proxies, misinformation, and the civilians caught in between

Many senior Hamas leaders have lived for years in luxury abroad, in places such as Qatar and elsewhere, far removed from the consequences of the war they help direct.

Albanese and ministers join Ramadan celebrations, encouraging wider community participation

Social Services Minister Tanya Plibersek described Ramadan nights in Lakemba as one of Sydney’s great traditions, pointing to the bustling streets and strong sense of community.
spot_img