Families with mortgage relief on their Christmas wish-list will almost certainly be left disappointed on Tuesday with Reserve Bank boss Michele Bullock to signal whether a dreaded hike looms in the new year.
A buying spree on luxury items from shoes to concert tickets could force the central bank to reverse three interest rate cuts - and potentially go further.
Australia’s wine industry is facing a 260 million litre surplus and consumption is tipped to slow further over the next five years amid changing drinking patterns.
Economists who’ve worked for Treasury and the Reserve Bank are questioning the RBA’s ability to forecast inflation following a big shock with consumer prices.
DEBTMAN: There are those who think they’ll play the smart game while watching market turmoil and sell everything down to cash. But can you buy back in when the panic stops?
A broad-based sell-off has dragged the local bourse to its lowest level in five months, as jitters about tech valuations and interest rates weigh on sentiment.