High levels of foreign migration have become contentious throughout the developed world. A 2023 Dutch study even sought to calculate the net-fiscal benefit of migrants by origin. So while reading Australia’s 2026-27 Medium-term Budget Outlook, a s ...
Learn moreHigh levels of foreign migration have become contentious throughout the developed world. A 2023 Dutch study even sought to calculate the net-fiscal ...
Learn moreHigh levels of foreign migration have become contentious throughout the developed world. A 2023 Dutch study even sought to calculate the net-fiscal ...
Learn moreThe RBA left the official cash rate unchanged at 4.1% This meeting marked the first meeting of the RBA’s new Monetary Policy Board (MPB). In line with previously announced changes, the RBA has now split the RBA Board into the MPB and the G ...
Learn moreThe RBA left rates on hold for the ninth-straight meeting. Since November, the RBA has gone from needing confidence that inflationary pressures are easing to growing in confidence that they are. This is a big revelation! The Board has finally si ...
Learn moreThe RBA left rate on hold at 4.35%. Governor Michele Bullock did not have time to watch the Melbourne Cup. For many, the RBA rate decision is what truly stops the nation. The recent big fall in headline inflation is good news but underlying infl ...
Learn moreAfter ten consecutive interest rate rises, the RBA finally decided to pause. The interest rate remains at 3.5 percent. There is always a lagged response to interest rate rises but it has taken a while for the Australian economy to slow down. On top ...
Learn moreOn 7 March, the RBA did what was expected and raised the official interest rates by 25 bps to 3.60 percent. It was the tenth increase in a row. More increases will come this year, but we should start to see a slowdown in rate increases going forward. Th ...
Learn moreCommentary on Reserve Bank Board Interest Rate Decision - 7 February 2022 On 7 February, Australia had its own version of Groundhog Day with the RBA Board increasing the official interest rates by 25 bps to 3.35 percent. It was the ninth increase in ...
Learn moreOn 6 December, the RBA Board increased the official interest rates by 25 bps to 3.10 percent. The RBA remains committed to increasing interest rates as high as needed to bring down domestic demand to a more “sustainable balance”. While t ...
Learn moreThe Reserve Bank may have its hands on the interest rate lever, but its eyes are focused on the inflation rate. This is bad news for equities and bonds, but private debt is becoming more attractive. RBA is following its game plan The ...
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