February is live: RBA warns of impending rate hike
The average mortgage-holder's repayments could soon jump an extra $90 a month, with another Reserve Bank interest rate hike on the cards as early as February.
The average mortgage-holder's repayments could soon jump an extra $90 a month, with another Reserve Bank interest rate hike on the cards as early as February.
The US central bank has reduced its key interest rate for the third time in a row but signalled that it may leave rates unchanged in the coming months.
The official cash rate is expected to remain on hold when the Reserve Bank decides on interest rates for the last time in 2025.
More rate relief for borrowers has essentially been ruled out by the Reserve Bank governor as the central bank mulls over when to lift rates again.
Australia's economic growth rate came in below market expectations, but a strong domestic pulse shows the economy is in good shape.
Slowing Chinese economic growth and persistently high inflation are "top of mind" for the Reserve Bank of Australia.
Inflation data will dominate the domestic economic dashboard, while the UK budget and New Zealand rate cuts are on the agenda abroad.
Barring a material rise in unemployment or weaker-than-expected economic growth, mortgage holders can just about give up hope for any more interest rate relief.
Data engineers, cybersecurity experts and customer experience designers are in for an AI jobs boom, although firms expect to reduce headcounts as uptake grows.
Unlikely to receive another rate cut in the next six months, borrowers will at least see the big four banks face parliamentary scrutiny in Canberra this week.
The Australian economy's spare capacity will be key to deciding how many times the Reserve Bank can cut interest rates, a senior official says.
Mortgage holders were smashed by the fastest interest rate hiking cycle in decades post-pandemic, but a study has found it did little to dampen spending.
Reserve Bank governor Michele Bullock has responded to a surprise jump in unemployment as a credit agency gives Australia's finance a tick of approval.
All four major banks predict mortgage holders will have to wait until 2026 for rate relief after a larger-than expected inflation rise.
The Federal Reserve has cut its key rate for the second time this year as the United States government shutdown clouds the economic outlook.
Borrowers face the possibility of interest rates going up rather than down again after the Reserve Bank held steady following a spike in inflation.
The rising cost of new homes and services such as takeaway meals were key to the Reserve Bank's inflation miss in September and could rule out future rate cuts.
The Reserve Bank has set its sights on one tax it says keeps owners of big homes from downsizing and people from relocating for better jobs and pay.
Surprising unemployment data has many expecting interest rates are in for another trim, with two key figures in that decision set to give their reaction.
The economy is in a "good spot" but one sector is proving more stubborn than expected, the boss of the Reserve Bank says.
Crucial economic data in coming weeks could determine when mortgage holders can expect more interest rate relief, the Reserve Bank board says.
Australia's central bank warns overpriced stock markets, cyber threats and weakness in China threatens the nation's financial stability.
The odds are lengthening on an interest rate cut on Melbourne Cup Day, as the Reserve Bank adopts a hawkish tone and inflation steps up the pace.
Australia's budget deficit for last financial year ended up being narrower than expected but younger workers will still be on the hook for a decade of red ink.
Hopes for more rate cuts are fading after the Reserve Bank of Australia took a hawkish turn as it held interest rates steady in a widely-expected move.
Central banks such as the RBA need to be wary of the risks of inflation kicking off again, which could trigger market sell-offs, a global economic body warns.
Markets could be underpricing geopolitical risks, potentially threatening Australia's financial stability, the Reserve Bank of Australia fears.
Reserve Bank governor Michele Bullock has signalled there might not be many more interest rate cuts to come after surprisingly strong economic growth.
Australia's economy surpassed expectations in the last financial year, taking some urgency out of the Reserve Bank's plans to cut interest rates.
Australia's weak private sector could dampen the nation's economic recovery and cause GDP growth to undershoot the Reserve Bank's forecasts.
Hopes of a rate cut have slipped after a shock surge in inflation, but it's not off the cards yet with more data to come before the next Reserve Bank meeting.