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The Latest Breaking News from Bill Evans

Australia's growth prospects still looking downcast

Leading indicators for Australia's future growth are still signalling depressed activity in coming months as interest rate rises bite.

AAP

Young Australians hit the hardest as bills skyrocket in 2023

Young Australians are suffering the most under the cost of living crisis, according to new data, which shows many are taking 2nd jobs.

The New Daily

More economists predicting RBA will pause rate hikes

Westpac, St. George, HSBC, JP Morgan and AMP now expect the Reserve Bank won't raise rates in April - but ANZ and CBA still forecast a rate hike.

AAP

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Westpac urges RBA interest rates pause as major banks hike rates

The Reserve Bank is tipped to pause its record-breaking run of interest rate hikes in April as the economy slows faster than expected.

The New Daily

Interest rate rises have Australians ready to slash spending, and businesses are bracing for the cuts

Australia's economy is still holding up on the back of household spending, but there are warning signs that a severe downturn is imminent — and small businesses are already seeing it in action.

ABC News

Interest rate pause still months away, economists warn

Despite a softening of language from the RBA, economists are still tipping another rate rise when the central bank next meets.

The New Daily

Mortgage holders brace for another interest rate blow

The Reserve Bank is expected to raise interest rates again, turning up the heat on already stretched household finances.

The New Daily

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Pressure on Labor over tax cuts, amid broad support for super hikes

Pressure is mounting on the federal government over tax cuts, amid support for super changes and ahead of another interest rate rise.

The New Daily

Mortgage holders brace for more interest rate pain

The Reserve Bank is expected to hike interest rates again this week and turn up the heat on already stretched household finances.

AAP

Dark clouds forecast for economic growth

A forward-looking indicator has recorded another month of negative growth, casting a shadow over Australia's economic prospects in 2023.

AAP

Consumer confidence plunges below GFC lows and Christmas cut-backs planned

Consumer confidence plunges below the levels seen during the global financial crisis, causing a record number of households to slash their Christmas spending plans.

ABC News

Alan Kohler: Economists disagree on where interest rates are heading – shock

It’s hard to recall a time when the interest rate forecasts of economists were as widely, and wildly, different as they are now.

The New Daily

Reserve Bank nervous about rate hike lag

The Reserve Bank wants to give its earlier aggressive rate hikes a chance to flow through and to see how households respond.

AAP

'Chasm' between weak consumers and booming businesses widens. How and when will it close?

Australian households are feeling "deeply pessimistic", but they are still spending money and business confidence keeps booming.

ABC News

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The New Daily

RBA’s search for inflation sweet spot tipped to raise interest rates to 2.35 per cent

Households are staring down yet another mortgage bill hike next week, with the Reserve Bank set to pass through its fifth interest rate hike in a row.

ABC News

Business confidence rises with strong profits, but consumers are getting more pessimistic

Business confidence has risen, but consumer confidence is still deteriorating and economists warn it could be a sign of things to come.

ABC News

Economists deeply divided over Reserve Bank's likely interest rate trajectory

The major banks are deeply divided about the outlook for interest rates, and the difference is worth about $284 a month to a typical recent home buyer. So who will be right?

Pedestrian.tv

Treasurer Jim Chalmers Says A Recession In Australia Is ‘Probable’ So WTF Does That Mean?

Economists predict a recession in Australia isn't near yet but it's being talked about as an increasing possibility. So what could it mean?

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ABC News

Interest rate rises push household finances towards pandemic lows, confidence plunges

Australians are still spending record amounts of money, but surveys show that could change quickly as interest rate rises send consumer confidence towards pandemic lows.

The Guardian - UK

‘Aphex Twin pours water on my meltdowns’: Guardian readers on the songs that soothe them

Donald Trump is reportedly calmed by a blast of Memory from Cats – but our readers prefer Radiohead and Miles Davis

Salon

Norah Jones talks "Come Away With Me"

The musician looks back with Salon at her insanely successful debut record: "No one expected me not to be myself"

ABC News

Inflation surge could see super-sized interest rate hike in June, economists warn

The latest official inflation figures are expected to be the highest since the global financial crisis, and at least one leading economist warns they could trigger an extra large first interest rate hike from the Reserve Bank.

AAP

RBA, consumers to give views on budget

The Reserve Bank will give its views on the budget when its board meets this week, as will consumers in the latest weekly confidence survey.

AAP

Federal budget improves in red-hot economy

Economists expect Treasurer Josh Frydenberg's fourth budget will show a much-improved bottom line in an economy that is running red hot.

What Hi-Fi?

26 of the best piano tracks to test your hi-fi

We reveal the piano tracks our reviewers use most when testing hi-fi

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