The Reserve Bank of Australia (RBA) has left the cash rate target unchanged at 4.35%.
According to the central bank, inflation has fallen “substantially” since its peak in 2022, as higher interest rates...
The Reserve Bank of Australia (RBA) has left the cash rate target unchanged at 4.35%.
This has been welcomed by the Australian Retailers Association (ARA).
ARA Chief Industry Affairs Officer Fleur Brown says retailers...
The Reserve Bank of Australia (RBA) has left the cash rate target unchanged at 4.35%.
According to the central bank, inflation continues to moderate but remains high.
“The headline monthly CPI indicator was steady...
The Reserve Bank of Australia (RBA) has left the cash rate target unchanged at 4.35%.
According to the central bank, inflation continued to ease in the December quarter.
“Despite this progress, inflation remains high...
The monthly CommBank Household Spending Insights (HSI) Index fell 3.9% in December.
This, says the bank, was due to the cumulative effect of successive interest rate rises as well as consumers bringing forward holiday...
The monthly CommBank Household Spending Insights (HSI) Index rose 1.8% in November.
This was driven by consumers bringing forward their holiday shopping to take advantage of heavy discounting during Black Friday and Cyber...
The monthly CommBank Household Spending Insights (HSI) Index fell 1% in October.
This was led by declines in spending across recreation, hospitality and food and beverage as the ongoing effect of interest rate...
The Reserve Bank of Australia (RBA) has raised the cash rate target by 25 basis points to 4.35%.
It has also increased the interest rate paid on Exchange Settlement balances by 25 basis points to...
