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Economy

Unemployment rises: RBA made mistake, says economist
18 July 2025

The case for an August rate cut has jumped following an increase in unemployment throughout June.

Interest rate hold hurts consumer confidence
16 July 2025

The RBA’s shock cash rate hold has resulted in a drop in consumer confidence. Relief is expected to lift results later in 2025.

Inflated construction costs kept RBA from cutting rates
16 July 2025

The cost of building new homes increased over the June quarter. This factored into the decision to hold rates and could stall housing target process.

Treasury unintentionally admits housing target won’t be met without raising taxes
15 July 2025

A blunder from the Treasury has resulted in information around the 1.2 million housing target and federal budget shortfalls landing in the hands of ABC News journalists.

Don’t count your chickens: August rate cut far from a ‘shoo-in’
11 July 2025

The upset RBA cash rate call has caught just about everyone off guard. While early commentators are already predicting a guaranteed cut at the August meeting, the lesson from the latest ...

‘If they’re unsure, they hold’: Industry reacts to controversial rate decision
9 July 2025

The RBA has dodged expectations at its July monetary policy meeting, opting to hold the cash rate steady at 3.85 per cent. Industry experts have since weighed in.

RBA defies predictions, holds rates
8 July 2025

The central bank has handed down its monetary policy decision for July.

Mortgage stress plummets to 2-year low as household savings jump
8 July 2025

The cost-of-living crisis may be behind us as mortgage stress drops to its lowest level since 2023.

The most common EOFY tax questions answered
8 July 2025

Although EOFY has passed, confusion around tax time often carries on well into the new financial year for small businesses and workers.

Rate day eve: Majors anticipating another cut
7 July 2025

Tomorrow (8 July), the Reserve Bank hands down its fourth cash rate decision of 2025. The major banks are expecting a cut.