Cost of Living to Dominate Australian Federal Election
Australia's upcoming federal election will be heavily influenced by cost of living concerns; despite overall inflation at 2.4%, employee households saw a 4% increase, largely driven by a 14.7% rise in mortgage repayments.
Cost of Living to Dominate Australian Federal Election
Australia's upcoming federal election will be heavily influenced by cost of living concerns; despite overall inflation at 2.4%, employee households saw a 4% increase, largely driven by a 14.7% rise in mortgage repayments.
Progress
60% Bias Score
Australia Inflation Plummets, Rate Cut Expected in February
Australia's headline inflation fell to 2.4 percent in the December quarter, a three-year low, prompting predictions of a rate cut as early as February by major banks and financial markets, which would save average borrowers about \$100 per month.
Australia Inflation Plummets, Rate Cut Expected in February
Australia's headline inflation fell to 2.4 percent in the December quarter, a three-year low, prompting predictions of a rate cut as early as February by major banks and financial markets, which would save average borrowers about \$100 per month.
Progress
40% Bias Score
Australian Inflation Rises to 2.3% in November
Australia's November inflation rate climbed to 2.3%, exceeding expectations despite a fall in the underlying rate to 3.2%; this increase, partly due to a change in government energy rebates, casts doubt on a February interest rate cut, creating economic uncertainty in an election year.
Australian Inflation Rises to 2.3% in November
Australia's November inflation rate climbed to 2.3%, exceeding expectations despite a fall in the underlying rate to 3.2%; this increase, partly due to a change in government energy rebates, casts doubt on a February interest rate cut, creating economic uncertainty in an election year.
Progress
48% Bias Score
Christmas Spending Surge to Influence RBA Interest Rate Decision
Projected \$3.7bn Christmas and Boxing Day spending surge in Australia may influence the Reserve Bank of Australia's (RBA) February interest rate decision, as the central bank weighs economic growth against inflation risks, amid warnings from the International Monetary Fund against pre-election spen...
Christmas Spending Surge to Influence RBA Interest Rate Decision
Projected \$3.7bn Christmas and Boxing Day spending surge in Australia may influence the Reserve Bank of Australia's (RBA) February interest rate decision, as the central bank weighs economic growth against inflation risks, amid warnings from the International Monetary Fund against pre-election spen...
Progress
36% Bias Score
RBA Holds Interest Rates Steady Amid Mixed Economic Signals
The Reserve Bank of Australia kept the official interest rate at 4.35 percent on December 6, 2023, following mixed economic data and amid expectations of a rate cut in early 2024.
RBA Holds Interest Rates Steady Amid Mixed Economic Signals
The Reserve Bank of Australia kept the official interest rate at 4.35 percent on December 6, 2023, following mixed economic data and amid expectations of a rate cut in early 2024.
Progress
52% Bias Score
NAB Leads Big Four Banks in Fixed-Rate Mortgage Cuts Amid Inflation Slowdown
NAB, the first of Australia's Big Four banks, cut its fixed-rate mortgages, with the one-year rate dropping by 20 basis points to 6.09 percent and the three-year rate falling to 5.84 percent, reflecting expectations of further Reserve Bank of Australia rate cuts in February 2025 amid moderating infl...
NAB Leads Big Four Banks in Fixed-Rate Mortgage Cuts Amid Inflation Slowdown
NAB, the first of Australia's Big Four banks, cut its fixed-rate mortgages, with the one-year rate dropping by 20 basis points to 6.09 percent and the three-year rate falling to 5.84 percent, reflecting expectations of further Reserve Bank of Australia rate cuts in February 2025 amid moderating infl...
Progress
40% Bias Score
Conflicting Australian Jobs Data Clouds RBA Rate Cut Outlook
Australia's unemployment rate unexpectedly rose to 4% in December, despite 56,300 new jobs, creating uncertainty about the Reserve Bank of Australia's planned interest rate cut; high inflation and housing shortages impacted household spending.
Conflicting Australian Jobs Data Clouds RBA Rate Cut Outlook
Australia's unemployment rate unexpectedly rose to 4% in December, despite 56,300 new jobs, creating uncertainty about the Reserve Bank of Australia's planned interest rate cut; high inflation and housing shortages impacted household spending.
Progress
40% Bias Score
Cooling Inflation May Lead to RBA Rate Cut in February
Australia's November inflation rose to 2.3 percent year-on-year, with underlying inflation cooling to 3.2 percent, potentially leading to an RBA interest rate cut in February 2025; however, some economists remain cautious due to persistent services inflation.
Cooling Inflation May Lead to RBA Rate Cut in February
Australia's November inflation rose to 2.3 percent year-on-year, with underlying inflation cooling to 3.2 percent, potentially leading to an RBA interest rate cut in February 2025; however, some economists remain cautious due to persistent services inflation.
Progress
36% Bias Score
RBA Holds Interest Rates Amid Inflation Concerns
The Reserve Bank of Australia (RBA) kept the cash rate at 4.35 percent on December 18, 2024, citing persistent underlying inflation of 3.5 percent as the reason, despite headline inflation falling to 2.8 percent and slower economic growth; this decision impacts Australian borrowers and contrasts wit...
RBA Holds Interest Rates Amid Inflation Concerns
The Reserve Bank of Australia (RBA) kept the cash rate at 4.35 percent on December 18, 2024, citing persistent underlying inflation of 3.5 percent as the reason, despite headline inflation falling to 2.8 percent and slower economic growth; this decision impacts Australian borrowers and contrasts wit...
Progress
48% Bias Score