UNSW Business School Professor Peter Swan explains what a rate hike would mean for borrowers and the Australian economy
The case for the RBA increasing interest rates certainly exists. But it’s far less pressing than in the United States.
True wages growth, and true price growth, is probably less than the official figures suggest – meaning there’s no need for alarm about inflation in Australia.
With inflation on the rise, people are looking for safe havens for their money – and markets that were considered riskier in the past are now looking increasingly attractive.
Inflation, interest rates and booming mining royalties give the Morrison government scope to ignore the deficit daleks.
Our continued recovery depends on how much we spend and how quickly we get the vaccine.
When products are unavailable in a lockdown, consumption growth will be overstated and changes in the cost of living will be underestimated.
When the Reserve Bank considers the numbers around inflation, it knows it has little choice but to act, says Professor Richard Holden.
Inflation has barely been within the Governor Philip Lowe's target band his entire time in office. Zero inflation means he should cut now, before the election.
The Reserve Bank's inflation target seems out of date in a world of ultra low inflation. So why is Governor Lowe persisting with it?