MikeTrendsTrends right now

search

Reserve Bank of Australia

Trends

  1. 1

    Australia's central bank is expected to deliver another interest rate increase, with economists warning the tightening cycle is raising the risk of pushing the economy into recession. Higher borrowing costs would add further pressure on households already dealing with elevated living costs, and markets are watching closely for the Reserve Bank's next decision on the cash rate.

  2. 2
    RBA Governor Bullock says era of low interest rates is overโ—RBA Governor Michele Bullock claims days of low interest rates are gone | 9 News Australiaโ–ถyoutubeBusinessBanking73.7K57 min ago

    Reserve Bank of Australia Governor Michele Bullock says the days of low interest rates are gone, warning Australians not to expect a return to the ultra-cheap borrowing costs of the past decade. The comments drew wide attention as households and businesses continue to grapple with elevated mortgage repayments, with borrowers and economists weighing what the message means for future rate expectations.

  3. 3
    Big four banks unanimous RBA will raise rates next weekโ—Big four banks now unanimous the RBA will lift rates next week | Finance Report | ABC NEWSโ–ถyoutubeBusinessBanking59K57 min ago

    Australia's four major banks now all expect the Reserve Bank of Australia to increase interest rates at next week's meeting, according to an ABC News finance report. The shared forecast suggests markets and economists see fresh inflation pressure making another rate hike likely, with borrowers bracing for higher repayments.

  4. 4
    RBA Governor Michele Bullock Flags Rate Rise That Could Cost 5% of Jobsโ–ผRBA Rate Rise: Michele Bullock Targets 5% Job Lossโœ‰newsBusinessBanking2 h ago

    Reserve Bank of Australia governor Michele Bullock is at the centre of debate after a rate rise commentary linked to an estimated 5% job loss figure, sparking concern about the bank's willingness to trade employment for inflation control. Critics argue the figure shows how harsh further tightening could be for Australian workers, while supporters say the RBA is simply being candid about the trade-offs in bringing inflation back to target.

  5. 5
    US data deluge to test resilience as RBA nears peakโ—US data deluge to test resilience as RBA nears peak and Eurozone inflation back in focusโœ‰newsBusinessBanking11 h ago

    Markets are bracing for a heavy run of US economic releases that will test the economy's resilience, while the Reserve Bank of Australia approaches what analysts see as the peak of its tightening cycle. Attention is also turning back to Eurozone inflation figures. Traders will be watching all three for fresh direction on interest rate paths.

  6. 6
    ASX set for wavering session as RBA hawkish talk expectedโ—ASX to waver as more tough talk from RBA expectedโœ‰newsBusinessBanking2 h ago

    Australian shares are expected to open unsteadily as investors brace for further hawkish commentary from the Reserve Bank of Australia. Traders are watching for signals that the central bank could keep interest rates higher for longer, a prospect that has weighed on sentiment and kept bond and equity markets on edge.

  7. 7
    Australia auction clearance rates fall to 10-week lowโ—Australia home auction clearances hit 10-week low as rate hike loomsโœ‰newsBusinessReal Estate7 h ago

    Australia's home auction clearance rate has dropped to its lowest point in ten weeks, a sign that buyers are pulling back just as the Reserve Bank of Australia weighs another interest rate hike. Weak clearance rates typically point to softer housing demand and could add pressure on sellers to lower price expectations ahead of the central bank's decision.

  8. 8
    Australian homeowner makes $25,000 upsizing move amid RBA rate squeezeโ—Aussie makes $25,000 upsizing move as RBA squeezes home borrowers: 'Perfect opportunity'โœ‰newsBusinessFinance3 h ago

    An Australian borrower has sold up and upsized in a move valued at $25,000, describing the current market as a 'perfect opportunity'. The story frames the decision against the Reserve Bank of Australia's tight monetary policy, which has pushed up mortgage costs and squeezed household budgets, cooling buyer demand and giving some homeowners unexpected leverage when trading up.