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Delaying the Melbourne Cup Day rate hike would have risked a more aggressive increase to interest rates in the months ahead, fresh meeting minutes released by the Reserve Bank have revealed.The RBA, in its November 7 board minutes released…

A few short weeks later financial markets are fast reappraising the appointment. Market pricing and scuttlebutt are concerned that Bullock’s promotion was political and Treasurer Jim Chalmers has an undue influence over monetary policy.Bad…

Tuesday’s decision to hike interest rates to 3.85 per cent sent shockwaves through the country but Reserve Bank of Australia (RBA) boss Philip Lowe has defended the central bank’s painful move.The 0.25 per cent increase to interest rates…

Excessive corporate profits – and not Australian wages – are behind the skyrocketing cost of living, new analysis has revealed, with one union slamming big businesses for creating a “greed price spiral”.The brutal analysis from the…

As economic narratives surrounding the reopening of the Chinese economy continue to multiply like rabbits, the growing consensus among analysts appears to be that it will provide a strong boost to the global economy and to Australia in…

The hits keep coming for Australian mortgage holders, with the Reserve Bank of Australia (RBA) on Tuesday hiking the official cash rate (OCR) another 0.25 per cent – the seventh consecutive monthly increase.The increase has sent the OCR to…

The Albanese Government‘s first budget is a movable feast so full of provisos and asterisks that it should prove accurate no matter what happens.What this obscures is the key role irresponsible policy has played in the falling living…

It is Groundhog Day for Australia’s battle-weary mortgage holders, with the Reserve Bank of Australia (RBA) hiking the official cash rate (OCR) another 0.25 per cent on Tuesday – the sixth consecutive monthly increase.The good news was that…