Big chance of zero interest rate hikes this year
Given prevailing economic conditions, CommBank says the RBA has 'little need to tighter further'.
The policies shaping our future
Given prevailing economic conditions, CommBank says the RBA has 'little need to tighter further'.
The Reserve Bank's chief economist has admitted inflation predictions came in lower than expected due to volatility with the fuel market.
Inflation figures have come in under the Reserve Bank's predictions, but some economists warn they might not paint a true picture.
Inflation falls marginally but annual inflation for new dwellings has reached its highest level in three years.
New report shows a big drop of 45 per cent in migrant numbers in Australia since the peak number in 2023.
Failure to properly link offsets to mortgages has seen loan repayments stay the same and more interest being paid.
The Reserve Bank governor says interest rates may need to go higher, as Australia's weak productivity problem locks households in for lower living standards.
Consumer sentiment is weaker but discretionary spending is not 'falling off a cliff in Australia'.
Leading economists believe interest rates will remain on hold despite elevated inflation and cost of living pressures.
Regional small businesses suffering under rising costs, housing shortages, limited access to essential services and workforce challenges.