Inflation
Record numbers take on second job as inflation nears 10 per cent for many
Natasha Piccolo is one of almost a million Australians now working more than one job as inflation for families with a mortgage reaches its highest level since the mid-1980s.
- by Shane Wright and Olivia Ireland
Latest
RBA mulls one more rate rise as borrowers tap into savings
Australians are using savings built up during the COVID-19 pandemic to weather cost-of-living pressures even as house values continue to climb.
- by Shane Wright
Opinion
Global economy
The US just left Australia and the rest of the world hanging
There are two big questions that the US Federal Reserve didn’t answer. It means interest rates might stay higher for longer than we feared.
- by Stephen Bartholomeusz
Higher hopes of end to interest rate rises as inflation slips to 6 per cent
The figures forced economists and financial market to slash their expectations for additional rate rises.
- by Rachel Clun and Shane Wright
Opinion
For subscribers
Pocket of resistance: Why it’s too early to celebrate on inflation
There remain some economists who believe the Reserve Bank has one interest rate bullet to fire.
- by Elizabeth Knight
Analysis
For subscribers
The RBA finally has evidence that its punishment yields results
Inflation is still too high. Wages are falling in real terms. But from the Reserve Bank’s perspective, the most important aspect is that inflation is coming down.
- by Shane Wright
The Brunch Index: See how inflation is impacting the cost of your meal
To look at how inflation changes, here’s how the prices for the ingredients that make up a classic Aussie brunch have changed.
- by Rachel Clun
Shoppers look for bargains as cost of living bites deep
Major supermarkets are seeing people shop around for bargains as inflation, rents and high interest rates reduce their buying power.
- by Shane Wright and Rachel Clun
Inflation tipped to fall while rent costs to buck trend with 15-year high
Inflation is easing as the RBA’s rate hikes work through the economy. But that’s cold comfort for renters as financial hardship soars.
- by Shane Wright
RBA inflation fight upended as Bullock prepares for major change
For 30 years, the RBA has focused on holding inflation between 2 and 3 per cent. Incoming governor Michele Bullock faces change to the target and the entire bank.
- by Rachel Clun and Shane Wright
RBA flags fears over rates impact on jobs as El Nino risk grows
The Reserve Bank is expecting the national unemployment rate to drift above 4 per cent next year due to the increase in interest rates.
- by Shane Wright