consecutive rate hikes

Reserve Bank boss Philip Lowe is set to face a grilling after the board agreed to halt its unprecedented run of interest rate hikes for the first time in a year. The governor will front up to the National Press Club in Sydney on Wednesday…

A leading economist has issued a warning that the Reserve Bank of Australia (RBA) could be doing “too much too late” to curb rising inflation rates ahead of their Tuesday meeting. The RBA is holding its first meeting of the year later on…

The big four banks all seem to be in agreement that Australians are about to get slammed with another significant interest rate hike.On Tuesday, the Reserve Bank of Australia will hold its first monthly meeting of the year where it is…

A peak industry body has warned it is “plausible” that Australia could be hit by a “severe recession” in the years ahead as the economic pain facing the country escalates.A new report by the Actuaries Institute, the country’s peak actuarial…