The Latest Breaking News from Luci Ellis

Westpac's chief economist has added two more rate cuts to her forecast for 2026 with lower immigration expected to drive down rents and inflation.

Headline inflation has held steady but came in hotter than economists expected in the year to April. Whether it's a blip or something else remains to be seen.

The stylish garment has been sported by Austin Butler in The Bikeriders, by Little Simz on stage and even by bicycle commuters

Australia’s top economic forecasters expect the Reserve Bank to start cutting interest rates by March next year, taking 0.35 points of its cash rate by June.

May’s inflation figures sent alarm bells ringing that the RBA would hike rates. But technically we are still on track for the central bank’s target

Stronger than expected population growth made inflation hardier than most experts predicted and property prices defied successive rate rises

The weak economy probably means the next RBA rates move – short of an inflation surprise next month – will be a cut

Each of Australia’s big four banks is now predicting a rate rise in six days’ time on Melbourne Cup Tuesday. It would add another A$77 to the monthly cost of servicing a $500,000 mortgage and be enough to take the total extra monthly impost since rates began climbing to more…

Generational factors are more to blame for the housing crisis than hipsters’ love of expensive smashed avo on toast.