Showing 1 to 12 of 59 results
Australian Inflation Rises to 3%, Delaying Expected Rate Cuts
Australia's annual inflation rate unexpectedly climbed to 3% in August, exceeding expectations and prompting economists to predict delayed interest rate cuts, potentially until mid-2026.
Australian Inflation Rises to 3%, Delaying Expected Rate Cuts
Australia's annual inflation rate unexpectedly climbed to 3% in August, exceeding expectations and prompting economists to predict delayed interest rate cuts, potentially until mid-2026.
Progress
28% Bias Score
Australian Banks Threaten Higher Fees if Credit Card Surcharges Banned
Facing a Reserve Bank of Australia (RBA) proposal to eliminate credit and debit card surcharges, major Australian banks threaten to increase annual fees, shorten interest-free periods, and reduce rewards programs, prompting concerns about the future of credit card usage and loyalty programs.
Australian Banks Threaten Higher Fees if Credit Card Surcharges Banned
Facing a Reserve Bank of Australia (RBA) proposal to eliminate credit and debit card surcharges, major Australian banks threaten to increase annual fees, shorten interest-free periods, and reduce rewards programs, prompting concerns about the future of credit card usage and loyalty programs.
Progress
16% Bias Score
Australia's Fixation on Interest Rates: A Lack of Competing News?
Former Reserve Bank governor Glenn Stevens attributes Australia's intense focus on interest rates to a dearth of other significant news, highlighting the country's media landscape and the political weight given to interest rate discussions.
Australia's Fixation on Interest Rates: A Lack of Competing News?
Former Reserve Bank governor Glenn Stevens attributes Australia's intense focus on interest rates to a dearth of other significant news, highlighting the country's media landscape and the political weight given to interest rate discussions.
Progress
24% Bias Score
RBA Cuts Rates Amidst Concerns Over Declining Productivity
The Reserve Bank of Australia (RBA) cut interest rates, offering relief to homebuyers and businesses, but simultaneously downgraded its long-term productivity growth forecast to 0.7 percent, citing regulatory burdens and labor availability as key obstacles.
RBA Cuts Rates Amidst Concerns Over Declining Productivity
The Reserve Bank of Australia (RBA) cut interest rates, offering relief to homebuyers and businesses, but simultaneously downgraded its long-term productivity growth forecast to 0.7 percent, citing regulatory burdens and labor availability as key obstacles.
Progress
52% Bias Score
Rising Auction Clearance Rates Signal Seller's Market in Sydney and Melbourne
Sydney and Melbourne's July auction clearance rates hit 68.2% and 69.3%, respectively, exceeding 60% and signaling a potential shift to a seller's market with rising prices due to falling interest rates and low housing inventory.
Rising Auction Clearance Rates Signal Seller's Market in Sydney and Melbourne
Sydney and Melbourne's July auction clearance rates hit 68.2% and 69.3%, respectively, exceeding 60% and signaling a potential shift to a seller's market with rising prices due to falling interest rates and low housing inventory.
Progress
36% Bias Score
RBA Governor Rejects Surprise Unemployment Claim, Casts Doubt on August Rate Cut
Australia's unemployment rate unexpectedly climbed to 4.3 percent in June, defying market expectations of an immediate interest rate cut, but aligning with the Reserve Bank of Australia's May forecast, prompting Governor Michele Bullock to emphasize a measured approach to future rate adjustments.
RBA Governor Rejects Surprise Unemployment Claim, Casts Doubt on August Rate Cut
Australia's unemployment rate unexpectedly climbed to 4.3 percent in June, defying market expectations of an immediate interest rate cut, but aligning with the Reserve Bank of Australia's May forecast, prompting Governor Michele Bullock to emphasize a measured approach to future rate adjustments.
Progress
24% Bias Score
Global Economic Stagnation and the Acceptance of Mediocrity
The OECD and IMF reports paint a picture of global economic stagnation, marked by slow growth, high unemployment, and a lack of ambition from central banks like the Reserve Bank of Australia (RBA), while ignoring crucial issues like climate change and the Trump administration's destabilizing policie...
Global Economic Stagnation and the Acceptance of Mediocrity
The OECD and IMF reports paint a picture of global economic stagnation, marked by slow growth, high unemployment, and a lack of ambition from central banks like the Reserve Bank of Australia (RBA), while ignoring crucial issues like climate change and the Trump administration's destabilizing policie...
Progress
56% Bias Score
Australia's Controversial Nauru Deal and Bank Fee Cap
Australia's $2.5 billion deal with Nauru to house former immigration detainees and the Reserve Bank's plan to cap bank fees are facing criticism, with concerns over cost shifting and lack of transparency.
Australia's Controversial Nauru Deal and Bank Fee Cap
Australia's $2.5 billion deal with Nauru to house former immigration detainees and the Reserve Bank's plan to cap bank fees are facing criticism, with concerns over cost shifting and lack of transparency.
Progress
32% Bias Score
RBA Cuts Interest Rates Again, Easing Mortgage Burden for Australians
The Reserve Bank of Australia cut interest rates by 0.25 percentage points to 3.6 percent on August 21, 2024, saving average borrowers $106 monthly on a $660,000 mortgage, driven by easing inflation and labor market conditions.
RBA Cuts Interest Rates Again, Easing Mortgage Burden for Australians
The Reserve Bank of Australia cut interest rates by 0.25 percentage points to 3.6 percent on August 21, 2024, saving average borrowers $106 monthly on a $660,000 mortgage, driven by easing inflation and labor market conditions.
Progress
36% Bias Score
RBA Cuts Interest Rates Amidst Warnings of Slower Growth
The Reserve Bank of Australia cut interest rates by 0.25 percentage points to 3.6 percent, delivering a $74 monthly saving to a $500,000 mortgage holder, despite warnings of lower growth and wages.
RBA Cuts Interest Rates Amidst Warnings of Slower Growth
The Reserve Bank of Australia cut interest rates by 0.25 percentage points to 3.6 percent, delivering a $74 monthly saving to a $500,000 mortgage holder, despite warnings of lower growth and wages.
Progress
44% Bias Score
NSW Unemployment Hits Four-Year High
NSW's unemployment rate climbed to 4.4 percent in June, the highest in nearly four years, with over 45,000 jobs lost in two months, impacting western Sydney disproportionately, exceeding government forecasts and raising concerns about future economic prospects.
NSW Unemployment Hits Four-Year High
NSW's unemployment rate climbed to 4.4 percent in June, the highest in nearly four years, with over 45,000 jobs lost in two months, impacting western Sydney disproportionately, exceeding government forecasts and raising concerns about future economic prospects.
Progress
48% Bias Score
RBA Holds Interest Rates Amid Inflation Concerns
The Reserve Bank of Australia (RBA) unexpectedly held its cash rate at 3.85% on July 8th, citing concerns that inflation is not falling as quickly as predicted, despite a current rate of 2.4%, and a desire to avoid high job losses, opting instead for a reduction in work hours across the population.
RBA Holds Interest Rates Amid Inflation Concerns
The Reserve Bank of Australia (RBA) unexpectedly held its cash rate at 3.85% on July 8th, citing concerns that inflation is not falling as quickly as predicted, despite a current rate of 2.4%, and a desire to avoid high job losses, opting instead for a reduction in work hours across the population.
Progress
40% Bias Score
Showing 1 to 12 of 59 results