Labour costs to drive inflation to 6% peak
The RBA expects higher labour costs in response to a tight labour market to become the primary driver of inflation.
The RBA expects higher labour costs in response to a tight labour market to become the primary driver of inflation.
The Federal Reserve has confirmed the news in a statement.
Tuesday’s rate hike has been perceived as a show of the RBA’s independence.
Economists are hurriedly revising their rates forecasts as Wednesday’s inflation data shatters the theory that inflation is purely temporary.
“The RBA should and likely will raise interest rates next week by 15 bps,” an economist with BetaShares has said.
The big four bank has responded to the penalty handed down last week.
Westpac has been ordered to pay penalties in the amount of $113 million for widespread compliance failures across multiple businesses, including...
Westpac expects the RBA to lift the cash rate by 40 basis points on 7 June.
Banks have received a letter from APRA instructing them on the regulator’s expectations around crypto-assets.
The IMF has declared inflation as “the single most important challenge of our time”.
Global dividends surged to a record US$518.7 billion in Q3 2025, up 6.2% year-on-year, with financials leading the way. The...
Over the past 15 years, middle market direct lending has grown into one of the most dynamic areas of alternative...
For most Australians, superannuation is their largest financial asset outside the family home. So, when it comes to digital security,...
In financial markets, drama makes headlines. Share prices surge, tumble, and rebound — creating the stories that capture attention. But...
