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The Latest Breaking News from Gareth Spence

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FED:Big bank changes RBA rate call as cost pressures ease

Slowing economic activity and softer price growth could convince the Reserve Bank to keep rates on hold, with inflation pressures weaker than initially feared.

AAP

Big bank changes RBA rate call as cost pressures ease

Slowing economic activity and softer price growth could convince the Reserve Bank to keep rates on hold, with inflation pressures weaker than initially feared.

AAP

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Rates revelation: why RBA dissenter voted against hike

The lone Reserve Bank board member who voted against lifting the cash rate in May was less concerned about inflation expectations than the bank's economists.

AAP

Australian economy expected to add thousands more jobs

The Australian Bureau of Statistics is forecast to post a positive gain in jobs when it publishes new data, as economists mull over sweeping tax changes.

The Guardian - AU

Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried

A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different view

AAP

Latest data under spotlight as pressure builds on rates

Fresh economic figures will be scrutinised by the Reserve Bank of Australia as it assesses the nation's economy before a key meeting on interest rates.

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Jobless rate nears four-year high, firms rethink plans

Australia's unemployment rate has bucked expectations and risen as economic headwinds take their toll on employers.

AAP

All signs point to jobs market holding firm in new data

Forward indicators suggest Australia's unusually low unemployment rate will stay steady in fresh data set to be released by the Australian Bureau of Statistics.

ABC News

Record high business costs pushing up prices, eroding operator and consumer confidence

Small businesses are struggling with record high costs while trying to remain competitive, as consumer confidence falls in response to inflation and rising interest rates.

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