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Jobs strong but economy facing slowdown ahead of election and budget

Jobs strong but economy facing slowdown ahead of election and budget

Budget and election to be fought against a backdrop of a deteriorating economy

  • by Shane Wright

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Westpac tips two interest rate cuts this year as economy slows
Property development

Westpac tips two interest rate cuts this year as economy slows

The bank also revised down its GDP growth forecasts for 2019 and 2020 and expects the unemployment rate to start rising in the second half of this year.

  • by Matt Wade
The mystery paper that could explain Australia's housing slump
Opinion
Opinion

The mystery paper that could explain Australia's housing slump

A new bestseller might be in the offing. If the public could get its hands on it, that is.

  • by Daniel Moss
'Aggressive' interest rate cuts and electric car revolution in store for Australia: Pain
Lithium

'Aggressive' interest rate cuts and electric car revolution in store for Australia: Pain

The economic and political expert predicted Australia's Reserve Bank would cut rates “so aggressively it will make our eyes water”.

  • by Emma Young
Rate cut calls grow as home loans fall at their fastest rate since GFC

Rate cut calls grow as home loans fall at their fastest rate since GFC

Biggest fall in home loans since the GFC prompts calls for Reserve Bank to consider rate cut

  • by Shane Wright
NAB says Reserve Bank will keep rates on hold well into next decade

NAB says Reserve Bank will keep rates on hold well into next decade

NAB changes its call on rates, saying the RBA may have to respond to a weak economy.

  • by Shane Wright
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Morrison backs brokers despite warning from banking royal commission
Federal election

Morrison backs brokers despite warning from banking royal commission

PM backs mortgage brokers as they warn without trailing commissions the sector could be wiped out.

  • by Shane Wright and Clancy Yeates
The economy isn't in trouble, but let's cut interest rates anyway
Opinion
Opinion

The economy isn't in trouble, but let's cut interest rates anyway

The Reserve Bank should get on with cutting interest rates. But not for the reason you may imagine.

  • by Ross Gittins
Aussie plunges again as RBA cuts forecasts
RBA

Aussie plunges again as RBA cuts forecasts

The Reserve Bank has dramatically revised down its economic forecasts amid the ongoing property market correction.

Reserve to slice growth forecasts amid signs of consumer anxiety

Reserve to slice growth forecasts amid signs of consumer anxiety

RBA set to slice growth forecasts as consumers grow more anxious about jobs and cost of living

  • by Shane Wright
Worst day in more than a year: Australian dollar tumbles after RBA's rate talk
Updated
Australian dollar

Worst day in more than a year: Australian dollar tumbles after RBA's rate talk

The Australian continued to decline overnight in the wake of the RBA chief's speech, putting it on track for its worst day in more than two years.

  • by Saqib Iqbal Ahmed