Page 2 - David Plank News Today

Saxo market strategist Jessica Amir said Harvey Norman, JB Hi-Fi and Premier Investments shares were likely to continue surging because they didnt rely on selling products to China.

Higher interest rates and cost-of-living pressures forced consumers to cut back on spending in October.

The bank is expecting inflation and wages growth will remain higher for longer. The Reserve Bank will not begin reducing interest rates until November 2024, according to economists at ANZ, who previo

The persistently strong labour market and Black Friday sales are likely leading to a rise in consumer confidence, ...

Australian shares are set to open higher on Monday as investors hope the US Federal Reserve will back off its aggressive pace of monetary tightening.

ANZs head of Australian economics David Plank fears the Reserve Bank could raise interest rates even higher with wages growth now above three per cent for the first time since 2013.

The RBA lifted its key cash rate by 0.25 of a percentage point at its November meeting, a seventh straight rise that took the cash rate from 0.1 per cent in May to 2.85 per cent.

With recession talk on the tip of the tongues of those at groovy economic gatherings, is this just party chatter or something we should be taking seriously?

A borrower with an average $600,000 mortgage would owe an extra $372 in monthly repayments should predictions ANZ and Westpacs Reserve Bank predictions come true.

SYDNEY (Reuters) - Australia's central bank on Tuesday raised the interest rate by 25 basis points for a second straight month while revising up its i...