The Latest Breaking News from RBA

The economy has stalled and inflation remains high. Should we be worried? Guardian Australia’s experts have very different views

Are we in a recession? No. But cripes, we may as well be

The ASX200 finished down 1.3 per cent after official statistics revealed a slight uptick in annual inflation, reducing the odds of a rate cut in 2024.

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Housing remains one of Australia’s most pressing issues in both state and federal politics. The RBA keeping rates up and high mortgage repayments have left many Australians struggling. For those Australians who don’t own a home, it’s becoming increasingly hard to get into the housing market.

The minutes from the last Reserve Bank meeting will outline the thinking behind keeping rates on hold and how seriously the case to hike was considered.

Jobless rate increases from a revised 3.9% in March but it’s a mixed picture with employers adding 38,500 jobs overall

It is impossible for wages to drive inflation when they are actually rising slower than inflation

Former RBA board member among experts who say Albanese government’s third budget is likely to at least delay next interest rate cut