The Reserve Bank is worried that it is running out of room to slash interest rates further and that wages growth is "no longer expected to pick up".
WAGES
Reserve Bank governor Philip Lowe's thesis that the "economy may have reached a gentle turning point" looks like getting a brutal reality check.
Official interest rates are set to be cut to half a percent by early next year as the Reserve Bank of Australia struggles to get unemployment down, Westpac has …
Groucho Marx summed it up perfectly: "I worked my way up from nothing to a state of extreme poverty." Getting a job, holding it and trying to secure a decent wa…
The Reserve Bank has left the door open to even more interest rate cuts, with the minutes of its latest meeting showing ongoing concern about the state of the j…
The wealth of the average Australian household has surged past $1 million but low-income families have not seen any increase in their net worth for more than a …
Our resources won't last forever. They're non-renewable. The tragedy is that the proceeds, rather than being saved for a day when we no longer have commercial q…
The Reserve Bank is expected to cut Australia’s already record-low interest rates later this year.
The RBA stuck to its growth forecasts when it held the cash rate at a record low 1.5 per cent at its most recent board meeting, but a reassessment looks even mo…
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