Producer Price inflation has risen at almost double the rate forecast, writes Glenn Dyer.
Inflation
Oil and food soar, consumers hammered
The global food and commodity crisis is hitting everyone, not just developing countries, and it is really hurting at a time of slowing growth and falling confidence, reports Glenn Dyer.
2009 rate cut? RBA minutes make you wonder
The RBA has stepped up its chats to retailers and it now expects inflation rise less than forecast back in February, reports Glenn Dyer.
RBA measures beginning to bite as housing finance dips
The Reserve Bank’s campaign to slow the economy continues to bear fruit with housing finance taking a sharp dip in February, reports Glenn Dyer.
IMF: Oz economy a beacon of buoyancy
The latest World Economic Outlook from the International Monetary Fund reveals that Australia is in a very special position, reports Glenn Dyer.
RBA winning the fight against inflation
The RBA’s campaign to slow the economy by raising interest rates seems to be working a treat, writes Glenn Dyer.
Settle down everyone: RBA boss speaks out as retail sales dive
RBA Governor Glenn Stevens has delivered a few calming words about the economy, writes Glenn Dyer.
RBA will wait and see what the Budget holds
For the better part of a month, the RBA has been sending the message that it won’t be stampeded into another rate rise, writes Glenn Dyer.
Macbank’s Rory Robertson takes the fight back to Hewson
Macquarie Bank’s interest rate strategist, Rory Robertson, has taken former Opposition Leader Dr John Hewson to task in his latest email newsletter.
Is Turnbull gunning for the RBA Gov?
Malcolm Turnbull has very quietly had himself appointed to the most interesting of the House of Representatives Committees: the Standing Committee on Economics, writes Glenn Dyer.
Richard Farmer’s political bite-sized meaty chunks
The harder they fall … Our Chinese friends … The Daily Reality Check … The Pick of this Morning’s Political Coverage … The Pick of the Weekend’s Political Coverage …
Rudd and Gillard face the realities of restraint
For the past decade, no-one has had to worry too much about the inflationary impact of wage rises. No more, writes Bernard Keane.
US rate cuts could be doing more harm than good
Perhaps it’s time for the US Federal Reserve and the American public to choose their evil, writes Glenn Dyer.
Morgan survey shows consumer confidence is down
Australians seem to be getting gloomier about the economy and major purchases, but they still remain confident they will be better off over the next year, writes Glenn Dyer.
Don’t mention the “U” word
Unemployment is the elephant in the RBA boardroom. Given it is set to rise in the fight against inflation, how high will it go, asks Thomas Hunter.
Board considered 50 basis point rise: RBA minutes
The RBA board considered increasing its key interest rate by 0.50% at its meeting on 5 February, writes Glenn Dyer.
Five Point Plan to Combat Inflation
Wayne Swan demonstrates Kevin Rudd’s five point plan to combat inflation…
Andrew Murray: They give fiscal conservatives a bad name
We can afford some tax cuts and benefits increases without fearing inflation - but it is the sheer and growing scale and quantum of Liberal/Labor promises that is dangerous and irresponsible, writes Democrats Senator Andrew Murray.
RBA repudiates the government line
This was the first election campaign rate rise and it was also the one where the main thrust and slogan of the incumbent government has been so thoroughly repudiated by the independent RBA, writes Glenn Dyer.
US rate cut prompts a frenetic day for the markets
Wall Street dithered overnight, then rose and ended up by just over 100 points, the Fed mentions inflation and economic stability in the same breath and US bond rates rose: all in all it was all a bit frenetic, reports Glenn Dyer.
Crikey Cabbie Panel: Can Howard survive another rate rise?
The newspapers are saying another rate rise will be politically disastrous for the PM, but what are the people who really know about these saying? Crikey referred the question to its election Cabbie Panel.
Be prepared for surging food costs, cost of living to follow
Australians have been warned to prepare themselves for “some serious inflation” in our cost of living because of surging food costs, writes Glenn Dyer.
The CPI will play a major part in the election campaign
Wednesday’s Consumer Price Index will play a major part, one way or another, in the election campaign, writes Glenn Dyer.
Tax promise will have no impact on the November rate rise
The expected interest rate hike in November will be the result of the tax cuts announced in the May Budget, together with other well documented issues that are adding to inflation, writes Stephen Koukoulas.
Which comes first: the election or the rates rise?
Market economists expect another rates rise before the end of the year. The main question is when. Before, after or during the election campaign?
