Interest rates
RBA warns economic backseat drivers are playing ‘a dangerous game’
The Reserve Bank has come under fire over interest rate settings, prompting RBA deputy governor Andrew Hauser to caution against economic “false prophets”.
- by Shane Wright and Millie Muroi
Latest
Analysis
Political leadership
Labor finally turns around primary vote slide – just
There is a glimmer of hope for the government in the latest Resolve survey. But voters doing it tough want economic solutions.
- by David Crowe
Opinion
For subscribers
Maybe only a recession will fix macroeconomic management
The reliance on interest rates to reduce demand is hugely unfair – and it is lacking in effectiveness.
- by Ross Gittins
Exclusive
Political leadership
Voters mark down Labor on economic management after RBA rates call
The electorate isn’t convinced by Labor’s handling of the nation’s finances, the latest Resolve Political Monitor shows, although the government’s primary vote rose.
- by David Crowe
Opinion
Opinion
What should you do with your savings? Nothing at all
To utilise your money and truly get the most out of it, right now, you actually don’t need to lift a finger.
- by Victoria Devine
Opinion
Sharemarket
What does the sharemarket turmoil tell us about our economy? Not a lot
Why didn’t the central bank care when panic swept across financial markets earlier this week? In short: because the sharemarket isn’t the economy – or a good indicator of its health.
- by Millie Muroi
RBA ‘will not hesitate to raise rates’ if needed, Bullock says
Reserve Bank governor Michele Bullock says the bank must walk a tightrope between taming inflation and preserving jobs, noting regional labour markets have been tighter than those in capital cities.
- by Millie Muroi
‘We’ve lost a cylinder in a four-cylinder engine’: Insolvency help soars as economy struggles
There’s been an “astonishing” increase in the number of administrators appointed to struggling firms, in a further sign the overall economy is struggling.
- by Shane Wright
When it comes to cost-of-living pressures, there is one group being hit hardest
Working families are bearing the brunt of inflation pressures, with insurance and housing costs pushing their cost-of-living measure far higher than inflation.
- by Millie Muroi and Shane Wright
Opinion
Sharemarket
Was the flash crash a false alarm or a sign of worse to come?
The carnage on financial markets seems to have ended as quickly as it started. The fragility of the global economy remains.
- by Stephen Bartholomeusz
‘Not what people want to hear’: RBA holds rates steady, douses hope of pre-Christmas cut
The bank board noted that getting inflation back to its 2-3 per cent target had been “slow and bumpy” as it confirmed the official cash rate would remain at 4.35 per cent.
- by Shane Wright and Millie Muroi