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All four big banks are warning borrowers to brace for an interest rate hike after core inflation jumped above the Reserve Bank’s forecasts. Economists at Westpac and ANZ on Wednesday dropped their calls for the RBA to stay on hold in February after the central bank’s...

Analysts are warning mortgage holders an interest rate rise could be just weeks away, after surprisingly strong jobs figures heightened the Reserve Bank of Australia’s concerns about inflation. Forecasters were taken off guard by the resilience of Australia’s labour market. The unemployment rate fell to 4.1 per...

Australian firms are noticing an easing in a key business pressure, taking some steam out of calls for the Reserve Bank to hike interest rates. But while capacity utilisation cooled slightly in December, it remains above the long-run average and won’t stop the central bank from...

An influential global body has welcomed Labor’s move to reduce superannuation tax concessions and rein in spending but wants more reforms as long-term pressures weigh on the budget. The Organisation for Economic Co-operation and Development’s missive comes as Treasurer Jim Chalmers progresses reforms from 2025’s productivity...