#rba

Incredible to see the #RBA pontificating on people “not understanding interest rates” for being the reason nobody trusts them. Not the decades of policy error after policy error only making things worse. 🤦‍♂️ https://www.abc.net.au/news/2026-07-22/understanding-inflation-would-help-lower-interest-rates-rba/106944486

The price of war is always paid by ordinary people. As Trump's conflict with Iran pushes up global oil prices, Australians could soon be hit with higher petrol prices and another RBA interest rate rise. Working families cop the cost, while oil companies and arms manufacturers cash in. Yet another reminder that foreign wars don't stay overseas—they end up in our wallets. #auspol #rba #costofliving https://www.theguardian.com/australia-news/2026/jul/22/rba-interest-rate-rise-likely-us-iran-war-markets-forecast

Productivity grows, wages lag: Australia's housing squeeze The Australia Institute asks why wages lag productivity. The answer reaches every mortgage application and rent payment in the country. https://www.notatechguy.com/productivity-grows-wages-lag-australia-s-housing-squeeze/ #NotATechGuy #AusProperty #Housing #RBA

9News | Unemployment rate jumps in surprise result by 9News AI generated summary, Read the full article for complete information. Australia’s unemployment rate jumped to 4.5 % in April 2026 – the highest level since late 2021 – after the Australian Bureau of Statistics reported a loss of about 19,000 jobs and an increase of 33,000 unemployed people, with declines in both full‑time (≈11,000) and part‑time (≈8,000) positions. Economists noted that the rise likely reflects broader pre‑war economic sentiment and the emerging oil crisis rather than the war in Iran alone, and they forecast the rate could peak at about 4.8 % by late 2027 as private consumption slows and business conditions tighten. The surprise increase is expected to temper the Reserve Bank of Australia’s next policy move, with analysts suggesting a slower pace of interest‑rate hikes – perhaps only one additional 25‑basis‑point increase this year – as the central bank balances weaker labour market data against persistent inflation pressures. Read more: https://www.9news.com.au/finance/australia-unemployment-rate-rises-in-april-2026/594c818c-899e-4b83-afd5-cc3a8d1eb3a6 #HarryMcAuley #MichelleBullock #OxfordEconomics #AustralianBureau #RBA #WeeKhoonChong