Jim Chalmers' third budget defined by diabolical 'no landing' scenario
Just a few months ago, the Australian economy was shaping up perfectly for the Labor government and its treasurer. Then came this week’s inflation data.
Source: afr.com
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RBA interest rates: Westpac predicts inflation will fall faster than the central banks expects
After the RBA’s first board meeting for 2024, Westpac revised lower its forecasts for the year, tipping inflation at the top of the central bank’s 2 per cent to 3 per cent target range by October.
Source: afr.com
Inflation burden set to linger as Reserve Bank mortgage relief hope flicker to life
Labor has reset the economic debate with its blockbuster tax cuts, but will the relief last long enough that voters forget Albanese’s broken promise?
Source: afr.com
RBA: Economists call at least one rate rise, push back first rate cut date
Thirty-three out of 35 economists polled expect an uptick and nine predict the official cash rate will peak at 4.6 per cent.
Source: afr.com
Interest rates: A hawkish RBA tone stoked worries about a sharp economic downturn
Bond markets indicate a looming slowdown after the RBA lifted the cash rate and indicated more in the future.
Source: afr.com