Reserve Bank of Australia minutes reveal majority consensus on need for further monetary tightening amid elevated inflation risks, though members remain divided on timing as Middle East conflict adds uncertainty to economic outlook and labor market conditions.
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RBA Minutes Show Consensus on Need for Further Tightening
Reserve Bank of Australia minutes reveal majority consensus on need for further monetary tightening amid elevated inflation risks, though members remain divided on timing as Middle East conflict adds uncertainty to economic outlook and labor market conditions.
RBA to remove surcharges on debit, credit cards and card networks
The removal of surcharges on debit and credit cards is one of the sweeping reforms from the Reserve Bank.
Debit and credit card surcharges to be removed in Australia by October
Treasurer Jim Chalmers says changes will help with cost of living and ‘Australians hate paying’ the surcharges
Reserve Bank of Australia expands policy communication as board members gain authority to deliver public speeches on monetary policy outlook, marking significant shift toward greater transparency in rate-setting process amid consecutive rate hikes to 4.1%
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RBA Board Members to Share Policy Outlook in Transparency Push
Reserve Bank of Australia expands policy communication as board members gain authority to deliver public speeches on monetary policy outlook, marking significant shift toward greater transparency in rate-setting process amid consecutive rate hikes to 4.1%
Did Anthony Albanese just cement a third interest rate hike in May by cutting the fuel excise?
Injecting $1.5bn via petrol subsidies into an inflated economy may change things for the Reserve Bank board at its next meeting
Auction clearance rate slumps to 57% nationwide as interest rate hikes prompt Australians to sell
Homebuyers lose confidence amid higher rates and Iran war-linked price rises across the economy, buyers agent says
Rising profit margins turbo-charged Australia’s latest inflation figures – but something worse is just around the corner
Fuel supply shock from Iran – not too many wage rises – will be the driver of higher figures in June
Australians can expect high fuel costs to linger for far longer than the war in Iran
Rising inflation and unemployment mean effects of Iran war could be even worse than the post-Covid cost-of-living crisis
Australian 3-Year Bond Yield Rises 9.07bp After Unemployment Data Release
Australian government bond yields surge as labor market data triggers market reassessment of Reserve Bank policy outlook amid persistent inflation concerns
The RBA is asking Australians to show restraint. They may want to take their own advice
We are all living in uncertain times, so we expect decisions to be made with a high degree of caution. That applies to the central bank and interest rates
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