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Latest news: Interest Rate

Budget spending stokes fears of further rate rise pain

Budget spending stokes fears of further rate rise pain

An extra $114 billion in federal government spending will be directed off-budget as the treasurer claims a "historically responsible" fiscal update.

Last-minute budget pitch to 'level field' for young

Last-minute budget pitch to 'level field' for young

Last-minute budget pitch to 'level field' for young

Last-minute budget pitch to 'level field' for young

Labor has made a pre-budget pitch to young Australians on social media as the government shakes up the tax system to help more people buy homes.

Federal budget to dominate the economic agenda

Federal budget to dominate the economic agenda

Federal budget to dominate the economic agenda

Federal budget to dominate the economic agenda

The government will do well to resist spending a "tantalising" budget windfall, as boosting demand while supply is constrained could result in more rate hikes.

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'Decline': housing downturn looms as rate hikes bite

'Decline': housing downturn looms as rate hikes bite

Higher rates and affordability pressures are threatening to push the housing market into a decline, with prices in the two biggest cities already on the slide.

Oil crisis not over: warnings of diesel over $4 a litre

Oil crisis not over: warnings of diesel over $4 a litre

With the Strait of Hormuz still shut and stockpiles running down, economists warn fuel prices could spike above levels previously seen during this oil crisis.

Third RBA rate hike might not be the end for borrowers

Third RBA rate hike might not be the end for borrowers

Mortgage holders are back to square one after a third straight Reserve Bank rate hike, adding hundreds of dollars more to interest repayments since February.

Treasurer warned on household handouts ahead of budget

Treasurer warned on household handouts ahead of budget

Millions of Australians could receive an income offset in the budget, but the Reserve Bank is cautioning against the federal government increasing spending.

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Close call tipped as Reserve Bank mulls third rate hike

Close call tipped as Reserve Bank mulls third rate hike

Close call tipped as Reserve Bank mulls third rate hike

Close call tipped as Reserve Bank mulls third rate hike

Traders and economists expect the central bank to raise interest rates for a third straight meeting but high uncertainty could result in another split decision.

US Fed holds rates, three members dissent on ease bias

US Fed holds rates, three members dissent on ease bias

US Fed holds rates, three members dissent on ease bias

US Fed holds rates, three members dissent on ease bias

The US central bank is leaving its interest rate unchanged for the third straight meeting but signalling it could still cut rates in the coming months.

Warning for borrowers as RBA frets over its credibility

Warning for borrowers as RBA frets over its credibility

Warning for borrowers as RBA frets over its credibility

Warning for borrowers as RBA frets over its credibility

The Reserve Bank is worried about 1970s-style runaway inflation if it loses credibility in fighting inflation, as analysts warn of up to five more rate hikes.

RBA's stagflation nightmare: prices up, confidence down

RBA's stagflation nightmare: prices up, confidence down

RBA's stagflation nightmare: prices up, confidence down

RBA's stagflation nightmare: prices up, confidence down

Consumer and business confidence has taken a dive following the Iran conflict, highlighting the Reserve Bank's dual fears of falling activity and rising prices.

RBA to sift through jobs data as world watches Hormuz

RBA to sift through jobs data as world watches Hormuz

RBA to sift through jobs data as world watches Hormuz

RBA to sift through jobs data as world watches Hormuz

The labour market will be top of the economic agenda in the coming week, while speaking engagements from central bank officials will be closely studied.

Consumer spending and confidence in the spotlight

Consumer spending and confidence in the spotlight

Consumer spending and confidence in the spotlight

Consumer spending and confidence in the spotlight

Analysts and governments will pore over latest economic data this week for more insight into the devastating impact of soaring fuel prices on the nation.

Major capital home prices slip in two-speed market

Major capital home prices slip in two-speed market

Major capital home prices slip in two-speed market

Major capital home prices slip in two-speed market

Australia's housing market is diverging as the biggest capitals go backwards while growth accelerates in mid-tier cities.

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The RBA conflict that could decide its next rates call

Australia's central bank must abandon its narrow path and choose between getting inflation down quickly or keeping unemployment low, economists say.

RBA to air board's disagreement in meeting minutes

Central bank watchers will get to peak into the Reserve Bank board room as minutes of a meeting that split 5-4 in favour of an interest rate hike are released.

CBA ups inflation prediction as supply chains strain

Australia is staring down the barrel of inflation above five per cent as a result of the Iran oil supply shock, economists from the Commonwealth Bank warn.

Insolvencies at record highs, set to rise on Iran war

Australia's most essential industries are exposed to major risks from the ongoing conflict in the Middle East, as surging oil prices weigh on economic growth.

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Upcoming inflation data to show calm before the storm

February consumer price data to be released on Wednesday will shape the Reserve Bank's thinking on interest rates ahead of a crucial meeting in May.

Three more rate hikes tipped as prices begin to rise

Construction contractors are already hiking prices due to rising fuel costs, in a sign the US-Israeli war in Iran is contributing to economy-wide inflation.

Treasurer warns of major economic damage from Iran war

Fresh modelling shows oil price shocks and soaring prices for other commodities will have a lasting impact on Australia's economy.

Collateral damage: war threatens to blow up inflation

Domestic pressures were behind the Reserve Bank's decision to hike interest rates, governor Michele Bullock says, although the Iran war will worsen inflation.

Oil shock further reason for tax reform, spending cuts

An economic downturn might be needed to bring inflation back to target, economists warn, but the government can help with spending cuts and productivity reform.

Interest rate hike 'no slam dunk' amid Iran uncertainty

Traders and economists widely expect the Reserve Bank to lift interest rates but uncertainty over the Iran war could convince the board to keep them on hold.

Big four banks predict three consecutive RBA rate hikes

The Middle East conflict could prompt the Aussie dollar to plummet and the Reserve Bank to hike interest rates to 15-year highs in 2026, analysts say.

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Politics Australia United States of America Unrest, Conflicts and War Economy, Business and Finance Energy and Resource Government Road Transport Economy Business State Budget and Tax Construction and Property War Banking Budgets and Budgeting Auto Trends Central Bank Inflation and Deflation Interest Rate Diesel Fuel

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