Economy

The RBA governor has shed light on the considerations for both a rate hike and a cut during the September monetary policy meeting.

New data has revealed that the share of mortgage holders at risk of mortgage stress fell for the second month in a row.

Inflation is still too high for the RBA’s liking and intends to keep rates elevated until it sustainably enters the target range of 2–3 per cent.

One last major bank has joined its counterparts in delaying its predictions for a cut in interest rates.

The FOMC has begun its policy normalisation cycle, drawing questions of when Australia’s central bank will do the same.

The unemployment rate remained flat during August, the latest ABS data has revealed.

Aussie small businesses are investing in assets in droves despite economic uncertainty.

Government rebates have lessened the blow on the wallets of mortgage holders.

The Greens Party have urged Treasurer Jim Chalmers to use section 11 to cut interest rates.

Waning optimism for the economy is stoking fears of potential job losses, as evidenced by recent data.