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
Markets lock in pre-Christmas rate rise
Bond traders are certain of a cash rate increase by Christmas, implying a 50 per cent chance of a follow-up move.
- Cecile Lefort
‘Assertive’ and ‘transparent’: Economists applaud Bullock’s speech
Economists witnessed Reserve Bank governor Michele Bullock’s inflation fighting credentials first-hand on Tuesday night in her maiden speech in the top job.
- Joanne Tran
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
- Opinion
- Monetary policy
The next RBA rate move will be down, says Westpac
The next move in interest rates will be down, says the bank’s economics team, which is now led by a highly regarded former Reserve Bank assistant governor.
- Karen Maley
ASX to fall, weak $A worsens oil pain, rate hike fears
Australian shares are poised to fall 0.9 per cent at the return to trading on Monday, after suffering their worst week in four weeks amid the MidEast conflict.
- Updated
- Cecile Lefort and Ronald Mizen
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.
Tokenisation of real-world assets is the killer app for crypto
What if crypto was not only a speculative asset class but a new technology stack for financial markets?
- James Eyers and Jessica Sier
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
Rising Middle East tensions advance bond sell-off
US and Australian bond yields soared to a decade high on growing concerns about the Israel-Hamas war spreading, taking the $A close to a one-year low.
- Cecile Lefort
Investors rush to 31-year Aussie bond paying ‘attractive’ 5pc yield
The Australian government extended its debt profile with a heavily oversubscribed $8 billion 2054 bond sold at home and overseas.
- Cecile Lefort
- 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
- 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
$A plunge boosts foreign equity position, RBA finds
The banks hedge their currency risk so extensively that Australia’s improved ledger has little real benefit to them.
- Updated
- Jonathan Shapiro
Westpac’s Ellis says RBA clues could point to tightening
Ex-RBA official, now Westpac economist, Luci Ellis believes the language changes in the RBA’s October minutes mean it may raise interest rates again.
- Cecile Lefort
- 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
‘Tokenised’ assets could save markets $17b a year: RBA
The central bank estimates companies and the government could save $17 billion if real-world assets are created in digitised form.
- James Eyers and Jessica Sier
