Yesterday
- Opinion
- The AFR View
RBA must show independence on material inflation risk
The Treasurer’s pre-emptive insistence makes it even more important that the new governor and her board actively demonstrate the central bank’s political independence.
- The AFR View
- Opinion
- Chanticleer
What 680,000 toy cars tell you about interest rate pain
Woolworths CEO Brad Banducci says mortgagees and renters are hurting. But Wednesday’s inflation surprise leaves the RBA facing the prospect of lifting rates several times.
- Updated
- James Thomson
- Updated
- Interest rates
Chalmers resists RBA rates risks
Treasurer Jim Chalmers has resisted predictions from economists that strong inflation data will force the RBA to raise the cash rate up to two more times.
- Updated
- Michael Read
This Month
Renters better off than in 2021: RBA’s Bullock
Strong income growth has shielded households without a mortgage from the worst of the cost-of-living crunch, the bank’s new governor says in her first speech.
- Michael Read and John Kehoe
- Opinion
- Chanticleer
Bullock squares up for inflation fight in first speech
It took only two minutes for Michele Bullock to refer back to Philip Lowe’s warning about high inflation. She is staying the course.
- Anthony Macdonald
Rinehart changes Liontown’s game | Is Origin worth more? | Bullock’s oil price headache
In this week’s episode, James and Anthony look at two spicy takeover battles and celebrate the podcast’s first birthday with special guest Financial Review editor-in-chief, Michael Stutchbury.
Gen Z the ‘canary in the coal mine’ on job losses
A sharp rise in the number of unemployed Gen Zers show the jobs market is softening, presenting a challenge for the RBA as it assesses the need for another interest rate rise.
- Michael Read
- Analysis
- Inflation
Michele Bullock’s million-dollar inflation question
The straight-talking new RBA governor is putting on her best poker face to condition people into believing prices will be brought under control. Will she succeed?
- John Kehoe
RBA’s $43b in losses put pressure on Chalmers for bailout
The RBA’s huge financial losses from its pandemic stimulus measures have sunk its balance sheet deeper into negative equity.
- John Kehoe
- Updated
- Jobs
Chalmers warns Mid-East conflict to drive inflation
The treasurer warns the crisis could further drive up oil prices, as economists predict inflation figures may trigger another interest rate rise.
- Updated
- Michael Read
- Opinion
- Chanticleer
RBA’s housing pain drives PEP’s and Mirvac’s $1b bet
The RBA is growing increasingly worried that the housing crisis will last years. Mirvac and Pacific Equity Partners are betting it will.
- Updated
- James Thomson
‘Shock, after shock’: Bullock’s inflation warning
RBA governor Michele Bullock says the escalating war between Hamas and Israel could keep inflation higher for longer and potentially trigger a slowdown in global growth.
- Updated
- Michael Read
- Opinion
- Monetary policy
Time to drop the dead doctrine of NAIRU
The new RBA leadership has a chance to use intuition rather than prescription to manage inflation.
- Craig Emerson
- Exclusive
- Industrial relations
RBA staff consider going on strike over 11pc pay rise
RBA economists may take industrial action after the central bank offered staff a three-year, 11 per cent pay deal opposed by the Finance Sector Union.
- Michael Read
- Updated
- Interest rates
November rate rise ‘live’ as RBA grapples with oil price surge
A deepening conflict in the Middle East could prompt the RBA to lift interest rates again to tame inflation.
- Michael Read
Surging bond yields and market panic | Will the RBA raise rates?
In this week’s episode, James and Anthony look at why surging bond yields have markets in a panic and what it means for the Reserve Bank and the local economy.
- Opinion
- Chanticleer
RBA exposes magic number for housing, banks
Households are holding up reasonably well under the strain of higher interest rates. But a rise in unemployment would cause real pain.
- James Thomson
- Analysis
- Monetary policy
The RBA is betting against the world on interest rates
By lifting interest rates less aggressively than other central banks and pausing the cash rate at 4.1 per cent, the RBA is “playing with fire” on inflation.
- John Kehoe
- Updated
- Interest rates
Big squeeze no bar to another RBA rate rise
The Reserve Bank could still lift rates even after finding rapidly rising mortgage repayments had starved some borrowers of the ability to pay expenses such as health insurance and school fees.
- Updated
- Jonathan Shapiro and Michael Read
- Opinion
- The AFR View
Policy contradictions threatening return to low inflation
The Australian currency’s depreciation follows hopes the new oil price pressures would prompt the new governor to do more to shore up the Reserve Bank’s low inflation credibility.
- The AFR View
