Tag #Rba

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RBA Holds Interest Rates Steady Amid Inflation Concerns

The Reserve Bank of Australia (RBA) held interest rates steady at 3.85 percent in July, defying market expectations, citing concerns about inflation potentially exceeding the 2-3 percent target range in late 2025 due to expiring government energy subsidies and uncertainty surrounding global economic...

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36% Bias Score

Decent Work and Economic Growth
theguardian.com
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RBA Proposes Abolishing Card Surcharges in Australia

The Reserve Bank of Australia (RBA) proposes eliminating card payment surcharges, aiming to save consumers \$1.2 billion annually while lowering interchange fees and capping international transactions; the plan aims to shift costs from consumers to merchants and payment providers, but some businesse...

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44% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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RBA Governor Defies Expectations, Holds Interest Rates Steady

RBA Governor Michele Bullock defied market expectations and held interest rates steady this week despite positive monthly inflation data and slowing rent growth, drawing criticism but potentially paving the way for a rate cut next month.

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56% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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RBA Holds Interest Rates, Defying Market Expectations

The Reserve Bank of Australia (RBA) surprisingly maintained the official cash rate at 3.85% despite widespread market expectations for a cut, citing slightly stronger-than-expected May inflation data, although underlying inflation was at a three-year low of 2.4%.

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56% Bias Score

Decent Work and Economic Growth
theguardian.com
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Australia's Inflation Eases, Rate Cut Expected

Australia's annual inflation rate eased to 2.1% in May, down from 2.4% the previous month, prompting expectations of a Reserve Bank interest rate cut in July to stimulate economic growth and provide relief to mortgage holders, although this could also increase property prices.

Progress

36% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Australian Home Prices Hit $1 Million Amid Affordability Crisis

The average Australian home price reached $1,002,500 in the March 2025 quarter, a 5.9% annual growth despite the Albanese government's efforts to combat the housing affordability crisis, while the National Housing Accord is projected to fall short by 262,000 homes.

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40% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Rising Unemployment in Australia Challenges RBA's Monetary Policy

Australia's June unemployment rate rose to 4.3 percent, exceeding forecasts and the Reserve Bank's projection, adding 34,000 unemployed and decreasing hours worked; this challenges the RBA's previous assessment of a tight labor market and raises questions about future monetary policy.

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60% Bias Score

Reduced Inequality
dailymail.co.uk
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RBA's Surcharge Ban: \$1.2 Billion Savings or Hidden Cost Increase?

The Reserve Bank of Australia proposes banning surcharges on debit and credit card transactions by July 2026, aiming for \$1.2 billion in consumer savings, but critics warn of hidden cost increases affecting all consumers, including cash users.

Progress

56% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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RBA Defies Expectations, Holds Interest Rates Steady

The Reserve Bank of Australia (RBA) surprisingly held interest rates at 3.85 percent on July 11, 2024, defying widespread market expectations of a cut to 3.6 percent, due to a preference for waiting for June quarter inflation data, despite available monthly inflation figures, causing significant mar...

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56% Bias Score

Decent Work and Economic Growth
dailymail.co.uk
🌐 75% Global Worthiness
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ANZ Cuts Fixed Mortgage Rates Ahead of Potential RBA Rate Cut

ANZ has slashed its fixed mortgage rates by up to 35 basis points, despite forecasting no Reserve Bank rate cut next week, in a move to attract fixed-rate borrowers and anticipate future rate reductions; this comes as other banks expect a rate cut on July 8th, and non-bank lenders offer even lower r...

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44% Bias Score

Reduced Inequality
smh.com.au
🌐 65% Global Worthiness
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RBA Rate Cuts Spark Surge in Australian Auction Market

The Reserve Bank of Australia's interest rate cuts boosted auction clearance rates in Sydney (65.9%) and Melbourne (67.4%) in May, driven by increased buyer confidence and activity, though price growth is expected to be moderate due to affordability concerns.

Progress

36% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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RBA Expected to Deliver Multiple Interest Rate Cuts

Australia's Reserve Bank is expected to cut interest rates several times by December 2023, potentially saving homebuyers hundreds of dollars monthly, due to slower-than-expected economic growth and moderating inflation; however, concerns exist about potential property price increases.

Progress

40% Bias Score

Reduced Inequality

Showing 13 to 24 of 59 results