A substantial reduction in interest rates is anticipated today as the Reserve Bank of Australia (RBA) gears up to announce its decision regarding the national cash rate. Following meetings scheduled …
Inflation
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Westpac has become the latest financial institution to forecast that the Reserve Bank of Australia (RBA) might reduce interest rates as soon as next month. In May, RBA Governor Michele …
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Recent indicators suggest that the Reserve Bank of Australia (RBA) is likely to implement an interest rate cut within the next two weeks, following a considerable slowdown in underlying inflation. …
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Westpac has projected that the Reserve Bank of Australia (RBA) will implement four interest rate cuts over the coming year, with the first reduction anticipated as soon as August. While …
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Around three million Australians are set to see an increase of over $2.5 billion in outstanding student loan debt due to annual indexation, effective from June 1. The Albanese government …
- Cost of Living
‘Uncertain Future’: Fresh Inflation Data Raises Questions About Upcoming Interest Rate Cut
by adminInflation in Australia has remained stable for the third consecutive month, revealing a headline rate of 2.4 per cent for the 12 months leading to April. However, core inflation, as …
- National
Scavenging for Sustenance: The Challenge Facing Vulnerable Australians as One in Twenty Resort to Dumpster Diving
by adminA recent survey conducted by The Salvation Army highlights the distressing realities faced by disadvantaged Australians amid a cost-of-living crisis. The study surveyed 3,586 vulnerable individuals who relied on the …
- Finance
Annual wage growth rises for the first time in nearly a year amid calls for rate cuts.
by adminAnnual wage growth in Australia has seen an uptick for the first time since June 2024, with a notable increase of 0.9% in the March quarter and a year-on-year rise …
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On Tuesday, US stock markets enjoyed an upward trend, buoyed by a positive inflation report indicating a surprising slowdown in price increases across the country last month. The S&P 500 …
- Finance
Easing Cost of Living? Why Many Aussies Still Feel the Squeeze Despite Lower Inflation
by adminDespite recent positive trends in Australia’s inflation and the anticipated interest rate cuts, consumer sentiment remains disheartening. The Westpac consumer confidence index has recorded a slight rise to 92, yet …