Rare chance to see Reserve Bank react to inflation data
Stars have aligned for central bank watchers, with the Reserve Bank’s top brass set to appear at a Senate hearing as crucial inflation data drops.
Economy
:quality(85))
:quality(80))
Economy
Runways to riches? WSA a billion-dollar bet
Australia’s first new international airport in 30 years is ready to take flight but now shoulders the weight of great economic promises built around it.
:quality(80))
Economy
‘Look to the sky’: historic second Sydney airport opens
Western Sydney International Airport will welcome its first commercial passengers on Sunday after decades of planning and years of construction.
:quality(80))
Regulation
Sector to reflect, reset and reload as market uncertainty bites
What we’ve seen and how we will handle what’s coming down the pike: Australian Conveyancer’s What’s Next? event will put AI, the economy and the AML/CTF overhaul on the agenda in Sydney this November.
:quality(80))
Economy
Sunshine State beautiful one day, perfect the next
Economist says ‘it used to be Sydney, then Melbourne, then Brisbane. Now I think it’s Sydney, Brisbane’ for population destinations.
:quality(80))
Economy
Worsening inflation outlook presents ‘hard choices’
Reserve Bank deputy says inflation data due out later this month will be pivotal to any decision on interest rates.
:quality(80))
Economy
Sweeping job cuts to hit NAB workers
An estimated 2500 jobs will be cut at National Australia Bank in the latest restructure at a major lender.
:quality(80))
Economy
Higher for longer: why low rates are relics of the past
There’s growing evidence that interest rates are becoming less effective at slowing demand, meaning central banks must lift rates further to ease inflation.
:quality(80))
Economy
‘Under siege’: small business a target for government
A premier has used his State of the State address to attack the federal government over changes to trusts, tax payments and credit card surcharges.
:quality(80))
Economy
More pain before any gain lies ahead for home owners
Economist says ‘if the government puts its foot on the fiscal accelerator, the RBA will just push harder on the interest rate brakes’.
:quality(80))
Economy
Deposit flicking: No end in sight to lengthy inquiry
NSW Fair Trading commissioner says “long approach” driven by needs to consider views of all parties concerned.
:quality(80))
Economy
More and more people migrating to country
New report shows ‘appeal of country living remains incredibly strong all year round, even outside the traditional peak moving periods’.
:quality(80))
Economy
There will be a cost to small business with trust tax change
Assistant treasurer says ‘at the heart of this reform are a range of options available to some taxpayers that are not available to most’.
:quality(80))
Economy
Reserve Bank speaks and the nation listens
Attention surrounds speeches by RBA officials this week as some banks predict a a hold on interest rates next month.
:quality(80))
Economy
Upping ante with GST a path to fixing Aust debt
Respected think take calls for overhaul of GST as ‘there are no easy paths back to Budget sustainability’.
:quality(80))
Economy
Stagnant wages growth to ease RBA’s concerns
CommBank says numbers ‘ease the risk that pure wage inflation will become an additional concern for the RBA’s inflation fight’.
:quality(80))
Economy
New plan to ‘energise’ state’s superannuation schemes
NSW treasurer says ‘this will avoid the need to borrow billions per annum to top up the fund to meet superannuation liabilities’.
:quality(80))
Economy
Jobless jump turns down heat on RBA, but not completely
Unemployment has hit a five-year high, but inflation data due out later in October will be the deciding factor for the Reserve Bank’s next rate decision.
:quality(80))
Economy
Jump in jobless takes heat out of rate-rise pressure
Australia’s unemployment rate edged up to 4.7 per cent in September, above market expectations, as almost 40,000 jobs fell out of the economy.
:quality(80))
Economy
Mortgage demand slump deepens despite price drop
The housing sector continues to show signs of strain as mortgage demand and new home loan applications plummet, new data shows.
:quality(80))
Economy
State vows duty shield against trust tax
A state government has weighed into a controversial proposed tax tweak, pledging businesses won’t cop a financial hit from their federal teammates’ move.
:quality(80))
Economy
Unemployment rate climbs to 4.7 per cent in September
Australia’s unemployment rate edged up to 4.7 per cent in September, above market expectations, as almost 40,000 jobs fell out of the economy.
:quality(80))
Economy
Misery on the march as jobs market slowly unwinds
Unemployment is expected to hold around the highest level in five years as stubborn cost-of-living measures force more Australians to find extra work.
:quality(80))
Economy
‘Heart is multicultural’: PM lays out migration support
Prime Minister Anthony Albanese has made a veiled swipe at Pauline Hanson’s migration stance as he touts the benefits of multiculturalism in a major speech.