RBA governor Michele Bullock has dismissed claims that cryptocurrency is an “alternative currency”,even as the price of bitcoin soars to a high.
The Reserve Bank of Australia is worried excessive growth in wages is keeping inflation above its target zone. But there’s absolutely no sign of that happening.
After years of wage rises lagging behind inflation,they rose more than inflation in the year to September – but wage increases have already started to slow.
There are plenty of white-knuckled borrowers waiting for February in hopes the Reserve Bank will begin down the path of lowering rates. Can they make it that far?
Bendigo’s new chief says rules that require banks to test if a customer could handle a 3 percentage point interest rate rise are “not good for competition”.
Experts say the full suite of Donald Trump’s economic policies would fuel global inflation and interest rates and slow growth,delivering a huge policy headache to the Australian government and the Reserve Bank.
The nation’s largest business lender says local companies could be hit hard if president-elect Donald Trump ploughs ahead with his tariff threats.
The central bank has held the official cash rate at 4.35 per cent as Reserve Bank governor Michele Bullock declares inflation is not falling fast enough.
Michele Bullock has rounded the worst of the inflation journey for the Reserve Bank. But dangerous seas remain.
The odds are slim for a Melbourne Cup Day rate cut,but economists are betting on a fall by February. Here’s how you can make the most of it.
All sides of politics have overseen a collapse in housing affordability since 2000. These are the graphs that show it. And there are no easy solutions.