RBA Lifts Interest Rates To 4.1%
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June 6, 2023
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The RBA has bowed to inflationary pressures and implemented the twelfth cash rate rise in less than two years, lifting it by... Read More
RBA Modelling Shows 80% Likelihood Of Recession
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May 12, 2023
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Modelling done by the Reserve Bank last September and only now released under a FOI request shows that Australia is at an... Read More
Cash Rate Increased Again: AUD Rises, ASX Falls
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May 2, 2023
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The Reverse Bank has decided to increase the cash rate target by 25 basis points to 3.85 per cent. As a result,... Read More
RBA Signals More Rate Rises Ahead
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April 18, 2023
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The Reserve Bank’s minutes have revealed it considered another rate rise this month, before deciding to pause, but shows that further rises... Read More
Aussies Lucky Not To Cop Double-Rate Hike: Reserve Bank
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February 21, 2023
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The Reserve Bank has revealed it was planning to raise the cash rate by 0.5 percentage points at its meeting this month,... Read More
Lowe Says No Evidence Of Price-Wage Spiral, Retailers On Alert
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February 15, 2023
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Reserve Bank governor Philip Lowe says there is no evidence that a price-wage spiral will occur in Australia, despite staffing costs being... Read More
Ninth Straight Hike, Interest Rates Jump To 3.35%
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February 7, 2023
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The RBA has inflicted its ninth straight interest rate rise this afternoon, with the rate now sitting at 3.35 per cent. In... Read More
Consumer Confidence Plummets Ahead Of Rate Hike
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January 25, 2023
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Consumer confidence is down again, after climbing for the first few weeks of 2023. According to the weekly ANZ-Roy Morgan index, consumer... Read More
Aussie Consumer Confidence “Depressingly Low”
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January 17, 2023
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Despite a modest lift coming into the new year, Westpac’s latest survey shows that Australian consumer confidence is “still depressingly low”. Westpac’s... Read More
RBA Calls On Apple, Google, Samsung To Cut Retailer Fees
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December 14, 2022
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Reserve Bank governor Philip Lowe has called on global tech giants to reduce payment costs for retailers accepting payments made through smartphones.... Read More
