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Reserve Bank

Brutal hike looms after RBA declares inflation its ‘highest priority’

All eyes are on the Reserve Bank's August meeting, after minutes from its last interest rate decision revealed returning inflation to target was the...

Albanese mocked online over selfies with rockstars as Aussies battle cost of living

Prime Minister Anthony Albanese has been branded the "most out of touch PM in history" by social media commenters after he posted a selfie...

Today’s inflation number is a ‘shocker’ that puts ‘enormous pressure’ on the RBA to raise rates

A higher-than-expected inflation number has dramatically raised the risk the Reserve Bank will be forced to hike interest rates again to get consumer prices...

All the big EOFY changes coming on July 1

Australians will soon face a host of big changes on everything from taxes to passport fees as the 2023-24 financial year comes to a...

Reserve Bank ‘very much on the edge’ after strong jobs numbers

Millions of Australians with mortgages will be bracing for the next rates decision, but a senior economist has issued a grave warning following the...

Australia’s unemployment rate declines to 4 per cent in May

Australia's headline unemployment rate was 4 per cent in May, down 0.1 percentage points from April.The unemployment rate declined slightly because employment rose by...

Hiking rates the RBA’s ‘only option’

Independent economist Warren Hogan has warned Australians can expect to face another interest rate hike at the next Reserve Bank meeting, as he also...

Huge jobs gains raise risk of higher interest rates for longer, economists warn

In short: An additional 116,500 Australians were employed in February, the biggest monthly jobs gain on record, outside of the pandemic period.At 3.7 per...

Unemployment jumps ‘quite sharply’, passing 4 per cent with scarcely any jobs added in January

In short: The unemployment rate rose to 4.1 per cent in January, from 3.9 per cent in December.It's the first time in two years that the...

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