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Economy

3 October 2023

The Reserve Bank has made its cash rate decision for October, with the board flagging some major uncertainties in the future of the economy.

3 October 2023

Economists have predicted that the central bank will continue to hold interest rates steady at today’s October monetary policy meeting.

2 October 2023

Jim Chalmers has denied allegations of “radical change” to the composition of the RBA board.

29 September 2023

Credit demand has reached its lowest point in over a decade, the Australian Bureau of Statistics has confirmed.

27 September 2023

The monthly CPI indicator for August rose from July, however, annual trimmed mean inflation remained stable, the ABS has revealed.

27 September 2023

Bank economists have weighed in on their expectations on the upcoming monthly CPI data for August.

25 September 2023

The US Federal Reserve has left interest rates on hold but, like other major global central banks, is leaving the door open to more hikes in the future.

21 September 2023

The major bank’s outlook for the housing market continues to foresee households adjusting to higher rates, while the rebound in population growth has drawn stronger housing demand.

20 September 2023

The central bank continues to wait for the effects of its monetary policy tightening to be fully realised through the economy.

18 September 2023

The ABS has released the latest unemployment rate data, revealing a resilient labour force that surpassed some forecasts from major bank economists.