Economists are split on whether the RBA is done and dusted with interest rate rises. Here’s my take.
Economists are split on whether the RBA is done and dusted with interest rate rises. Here’s my take.
Given the revelations of new research, the interest rate cue should be put back in the rack until it’s needed to cut rates in 2024!
Tomorrow the RBA has a big decision to make — one more rate rise for the road or a pause because we don’t want to create a recession!
Many Australians are being ripped off by big businesses and their accessories i.e., credit card companies, banks, and other financial players. It’s almost impossible to get out of some subscriptions to streaming services and other repeat payments. Something is happening here that’s not right. I don't know what it is. As Bob Dylan once sang: do you know, Mr. Jones?
Yesterday’s inflation result is enough for the Reserve Bank to continue its pause, but I suspect their central banker ways will prevent them feeling for those with huge rate worries.
The June quarter CPI released today will reveal if inflation is falling and indicate whether the Reserve Bank will keep rates on pause.
Treasury’s early calculations say the surplus will top $20 billion. Dr Jim will undertake cost-of-living handouts but these won’t be revealed until next May.
The pandemic has sped up the shrinking of the black economy. Is this a win for the tax office?
The only thing to save those worried about more rate hikes would be a low CPI reading next Wednesday.
Evidence is mounting that the past 12 rate rises are starting to squeeze the economy. The tricky question for the new Guv must be: “Is this the start of something really bad?"
The Andrews decision to cancel the Games isn’t just a national embarrassment, it has incalculable economic costs. This loss has long-term consequences for regional Victoria that voted for him.
When my colleagues on Ben Fordham’s 2GB breakfast show asked me to comment on Phil Lowe’s spray at the Labor politicians who just took away his job, I couldn’t help thinking: “How low could he go?”
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