Australians Cut Back on Life's Pleasures as Bills Squeeze Household Budgets

Rising interest rates, energy bills and food costs force Australian households to cut back on dining, travel and entertainment as wages fall behind inflation.

The Daily Perspective
Australia's Split Market: Purchase Prices Hold While Rentals Crumble

Property sales hold steady at 60% clearance despite rate hikes, but rental vacancy has crashed to 1.1% as rents soar 6.6% annually.

The Daily Perspective
David Pope cartoon #AusPol #RBA
Australian inflation stays stubbornly high as RBA hikes rates amid Iran war

Reserve Bank hikes rates to 4.1% as Australia's 3.8% inflation stays stubbornly high. Families facing $75 weekly squeeze from mortgages and fuel costs.

The Daily Perspective
RBA Hikes Rates as Recession Risk Looms Over Mortgage Holders

Reserve Bank raises interest rates to 4.1% as inflation pressures mount from Middle East fuel crisis; households face mounting costs and possible further hikes.

The Daily Perspective
Australian 10-year government bond yields declined 9 basis points despite the Reserve Bank of Australia's decision to raise interest rates, signaling market expectations of potential policy shifts
#YonhapInfomax #AustralianBondYield #RBA #InterestRateHike #10YearBonds #BasisPoints #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=110353
Australian 10-Year Bond Yield Falls 9bp Despite RBA Rate Hike

Australian 10-year government bond yields declined 9 basis points despite the Reserve Bank of Australia's decision to raise interest rates, signaling market expectations of potential policy shifts

Yonhap Infomax
Australian government bond yields decline sharply as 3-year rates drop to 4.5% despite Reserve Bank of Australia's monetary tightening measures
#YonhapInfomax #RBA #AustralianBonds #InterestRates #YieldCurve #MonetaryPolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=110352
Australian 3-Year Yields Fall to 4.5% Despite RBA Rate Hike

Australian government bond yields decline sharply as 3-year rates drop to 4.5% despite Reserve Bank of Australia's monetary tightening measures

Yonhap Infomax
Reserve Bank of Australia delivers 25 basis point rate hike, bringing benchmark interest rate to 4.10% as central bank continues monetary tightening cycle
#YonhapInfomax #RBA #InterestRate #RateHike #MonetaryPolicy #CentralBank #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=110351
RBA Raises Key Rate by 25bp to 4.10%

Reserve Bank of Australia delivers 25 basis point rate hike, bringing benchmark interest rate to 4.10% as central bank continues monetary tightening cycle

Yonhap Infomax
Small Business Isn't Just Struggling, It's Being Sacrificed

The RBA raised rates to 4.10%, but the real inflation driver is imported oil. Small businesses with variable debt will be crushed while the government does nothing.

The Daily Perspective

@johnquiggin
What does that say about the #RBA Board John?

While I understand why there is a fiscal v monetary policy division of powers, the RBA isn’t doing much to confirm it’s capacity to manage their end of the business to the required standard, perhaps inviting calls to bringing it back into the Ministerial portfolio…