Is the Middle East war really Australia's COVID-19 moment? Political leaders compared Middle East conflict to COVID-19. Economists say the similarities mask fundamental differences in how these crises will affect Australia.

Is the Middle East war really Australia's COVID-19 moment?

#MiddleEastConflict #AustralianEconomy #FuelPrices #Inflation #AusNews

thedailyperspective.org/article/2026-03-29-is-th...

Chalmers faces reform test as Middle East turmoil clouds May budget Treasurer faces May budget test balancing structural economic reform against Middle East-driven inflation pressures.

Chalmers faces reform test as Middle East turmoil clouds May budget

#AusNews #BudgetPolicy #JimChalmers #AustralianEconomy

thedailyperspective.org/article/2026-03-16-chalm...

ASX loses $100bn as oil hits four-year high. Petrol tops $2/litre amid Iran conflict fallout. Market turmoil and hip pocket pain explained.

Read More:h ttps://internationalnewss.exblog.jp/33908182/

#ASX #StockMarket #OilPrices #IranConflict #PetrolPrices #AustralianEconomy #Inflation #BreakingNews

US jobs slump stokes AI fears, but the real picture is far more complex The US lost 92,000 jobs in February. Analysts say AI is part of the picture, not the whole story. Australia's resilience offers important context.

US jobs slump stokes AI fears, but the real picture is far more complex

#AIJobs #Employment #TechLayoffs #AustralianEconomy #AusNews

thedailyperspective.org/article/2026-03-07-us-jo...

Melbourne’s 9–5 model is shifting.

Mount Alexander now records 43% part-time employment. Coastal “sea change” areas and Melbourne’s western suburbs are also seeing rapid growth.

Full article:
orbitnewshub.com/melbourne-pa...

#Victoria #Melbourne #WorkTrends #AustralianEconomy

Australia Financial Markets Outlook 2026: Late-Cycle Expansion, RBA Policy, and Investment Strategy Executive Summary:  Australia Financial Markets Outlook 2026 Australia’s financial markets in 2026 are operating in a late-cycle expansion, characterised by moderate growth, persistent inflation, and ...

Australia 2026 Outlook: It is no longer in early-cycle recovery.
It's in a mature expansion. Investment-led growth (data centres, renewables, digital infra) is replacing consumer momentum.
financialshub.info/australia-fi...

#ASX #Macro #AustralianEconomy #AI #Financialmarkets

Australia’s cost-of-living crisis has a housing problem Cost-of-living pressures dominate political debate, but the sharpest strain is not falling incomes. It is housing costs, particularly for first-home buyers, fuelled by stagnant productivity and chronic undersupply where people want to live.

Cost-of-living anxiety is real, but the data points elsewhere. Michael Keating on why living standards are mostly flat and housing costs are Australia’s real pressure point, especially for first-home buyers, writes Michael Keating #Auspol #CostOfLiving #HousingCrisis #AustralianEconomy #Productivity

How Money is Created Without Printing Cash Learn how money is created in Australia, why most money is digital, and how both government spending and bank lending create new money.

How Money is Created Without Printing Cash
#AustralianEconomy, #EconomicJustice, #MonetarySovereignty, #PublicMoney
Learn how money is created in Australia, why most money is digital, and how both government spending and bank lending create new money.
socialjusticeaustralia.com.au/how-money-is...

Fed Interest Rate Today Sparks Economic Surge - Ongoing Now Fed interest rate today: Cut boosts rate cut stocks, lowers mortgage rates fed, brightens fed funds forecast—seize business growth.

US Fed delivers expected 25bp cut. Markets like it, bonds rally, mortgage rates ease. In Australia this usually translates to lower funding costs for SMEs and a bit less heat on household budgets. Steady as she goes. #OngoingNow #FedRateCut #AustralianEconomy #InterestRates

RBA November Meeting: No Immediate Rate Relief in Sight for Borrowers Inflation and labour market trends suggest rate cuts remain unlikely in the near term

🏦 The RBA meets this Melbourne Cup Day, and while many homeowners are hoping for rate relief, the data suggests cuts aren’t on the horizon just yet.

medium.com/@st.michaels...

#RBA #InterestRates #AustralianEconomy #FinanceNews

6/7:
This isn't about austerity or tightening belts. It's about a strategic policy pivot. We need policymakers to acknowledge that this is a structural problem requiring structural (fiscal) answers, shifting away from over-reliance on the RBA. #AustralianEconomy

Nielsen data reveals Australian consumer spending shifts Nielsen research shows 90% of Australians worry about grocery prices. Income divide persists as 26% earn over $160k while one in five live on under $25k.

Nielsen data reveals Australian consumer spending shifts #NielsenData #ConsumerSpending #AustralianEconomy #GroceryPrices #IncomeInequality

Nielsen data reveals Australian consumer spending shifts Nielsen research shows 90% of Australians worry about grocery prices. Income divide persists as 26% earn over $160k while one in five live on under $25k.

Nielsen data reveals Australian consumer spending shifts #NielsenData #ConsumerSpending #AustralianEconomy #GroceryPrices #IncomeInequality

"RIDE OR DIE"
#CharltonHart for @westaustralian.bsky.social

#AnthonyAlbanese has declared he wants to see a more productive, vibrant and dynamic #AustralianEconomy.

FULL STORY: t.ly/IB2JR

#WestAustralian
#TomorrowsPapersToday
#IBPAPERS

Australian interest rate changes since 1990 © Reuters. FILE PHOTO: An ibis bird perches next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz/File Photo SYDNEY (Reuters) -The Reserve Bank of Australia on Tuesday cut its main cash rate by 25 basis points to 3.60% as widely expected following a two-day policy meeting. The following is a chronology of the Reserve Bank of Australia’s interest rate moves since 1990. Each move is measured in basis points (bp), which are one-hundredths of a percentage point. Aug 12 2025 Down 25 bp to 3.60 May 20 2025 Down 25 bp to 3.85 Feb 18 2025 Down 25 bp to 4.10 Jun 6 2023 Up 25 bp to 4.10 May 2 2023 Up 25 bp to 3.85 Mar 7 2023 Up 25 bp to 3.60 Feb 7 2023 Up 25 bp to 3.35 Dec 6 2022 Up 25 bp to 3.10 Nov 1 2022 Up 25 bp to 2.85 Oct 4 2022 Up 25 bp to 2.60 Sep 6 2022 Up 50 bp to 2.35 Aug 2 2022 Up 50 bp to 1.85 Jul 5 2022 Up 50 bp to 1.35 Jun 7 2022 Up 50 bp to 0.85 May 3 2022 Up 25 bp to 0.35 Nov 3 2020 Down 15 bp to 0.10 Mar 19 2020 Down 25 bp to 0.25 Mar 3 2020 Down 25 bp to 0.50 Oct 1 2019 Down 25 bp to 0.75 Jul 2 2019 Down 25 bp to 1.00 Jun 4 2019 Down 25 bp to 1.25 Aug 2 2016 Down 25 bp to 1.50 May 3 2016 Down 25 bp to 1.75 May 5 2015 Down 25 bp to 2.00 Feb 3 2015 Down 25 bp to 2.25 Aug 6 2013 Down 25 bp to 2.50 May 7 2013 Down 25 bp to 2.75 Dec 4 2012 Down 25 bp to 3.00 Oct 2 2012 Down 25 bp to 3.25 Jun 5 2012 Down 25 bp to 3.50 May 1 2012 Down 50 bp to 3.75 Dec 6 2011 Down 25 bp to 4.25 Nov 1 2011 Down 25 bp to 4.50 Nov 2 2010 Up 25 bp to 4.75 May 4 2010 Up 25 bp to 4.50 Apr 6 2010 Up 25 bp to 4.25 Mar 2 2010 Up 25 bp to 4.00 Dec 1 2009 Up 25 bp to 3.75 Nov 3 2009 Up 25 bp to 3.50 Oct 6 2009 Up 25 bp to 3.25 Apr 7 2009 Down 25 bp to 3.00 Feb 3 2009 Down 100 bp to 3.25 Dec 2 2008 Down 100 bp to 4.25 Nov 4 2008 Down 75 bp to 5.25 Oct 7 2008 Down 100 bp to 6.00 Sep 2 2008 Down 25 bp to 7.00 Mar 4 2008 Up 25 bp to 7.25 Feb 5 2008 Up 25 bp to 7.00 Nov 7 2007 Up 25 bp to 6.75 Aug 8 2007 Up 25 bp to 6.50 Nov 8 2006 Up 25 bp to 6.25 Aug 2 2006 Up 25 bp to 6.00 May 3 2006 Up 25 bp to 5.75 Mar 2 2005 Up 25 bp to 5.50 Dec 3 2003 Up 25 bp to 5.25 Nov 5 2003 Up 25 bp to 5.00 June 5 2002 Up 25 bp to 4.75 May 8 2002 Up 25 bp to 4.50 Dec 5 2001 Down 25 bp to 4.25 Oct 3 2001 Down 25 bp to 4.50 Sept 5 2001 Down 25 bp to 4.75 Apr 4 2001 Down 50 bp to 5.0 Mar 7 2001 Down 25 bp to 5.5 Feb 7 2001 Down 50 bp to 5.75 Aug 2 2000 Up 25 bp to 6.25 May 3 2000 Up 25 bp to 6.0 Apr 5 2000 Up 25 bp to 5.75 Feb 2 2000 Up 50 bp to 5.5 Nov 3 1999 Up 25 bp to 5.0 Dec 2 1998 Down 25 bp to 4.75 Jul 30 1997 Down 50 bp to 5.0 May 23 1997 Down 50 bp to 5.5 Dec 11 1996 Down 50 bp to 6.0 Nov 6 1996 Down 50 bp to 6.5 Jul 31 1996 Down 50 bp to 7.0 Dec 14 1994 Up 100 bp to 7.5 Oct 24 1994 Up 100 bp to 6.5 Aug 17 1994 Up 75 bp to 5.5 Jul 30 1993 Down 50 bp to 4.75 Mar 23 1993 Down 50 bp to 5.25 Jul 8 1992 Down 75 bp to 5.75 May 6 1992 Down 100 bp to 6.5 Jan 8 1992 Down 100 bp to 7.5 Nov 6 1991 Down 100 bp to 8.5 Sep 3 1991 Down 100 bp to 9.5 May 16 1991 Down 100 bp to 10.5 Apr 4 1991 Down 50 bp to 11.5 Dec 18 1990 Down 100 bp to 12.0 Oct 15 1990 Down 100 bp to 13.0 Aug 2 1990 Down 100 bp to 14.0 Apr 4 1990 Down 100-150bp to 15.0 to 15.5 Feb 15 1990 Down 50 bp to 16.5 to 17.0 Jan 23 1990 Down 50-100bp to 17.0 to 17.5

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RBA proposes removing surcharge on card payments Investing.com-- The Reserve Bank of Australia on Tuesday released a consultation paper proposing the removal of surcharges on card payments by consumers, while also lowering the cap on interchange fees paid by businesses. The RBA said that it found consumers paid roughly A$1.2 billion ($790 million) annually in card surcharges, but that the charges were no longer achieving their intended purpose of pushing consumers towards efficient payment choices. The declining use of cash has also made avoiding surcharges more difficult, given that businesses are charging a uniform rate across debit and credit cards. “Removing surcharging would make card payments simpler, more transparent and help to increase competition in the card payments system,” the RBA said in a statement. Additionally, the central bank also proposed lowering the cap on interchange fees– a fee paid between banks for processing card transactions, stating that the move could save Australian businesses about A$1.2 billion a year. The RBA said about 90% of local businesses will be better off under the proposal, with small businesses expected to benefit the most. The RBA also proposed making card operators and large processors publish the fees they charge on transactions, increasing transparency. The RBA’s proposals stand to lower some costs for Australian consumers, potentially boosting their appetite for spending. This is expected to help buoy the Australian economy to some extent, given that consumption is a major economic driver and source of tax revenue. Sticky inflation and heightened economic uncertainty dented private spending over the past two years, although it was seen recovering marginally this year. Government subsidies on select goods and utilities also aided this trend. But the removal of surcharges stands to potentially impact the revenues of major card operators and payment processors, and could see some pushback from the industry against the proposal.

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RBA Deputy Governor Andrew Hauser speech makes no mention of current monetary policy Reserve Bank of Australia Deputy Governor Andrew Hauser is speaking: * "What Has Australian Macroeconomic Thought Achieved in the Past Century – and Where Can it Contribute in the Next?" Topic is * at the Australian Conference of Economists Hauser: * RBA refreshing its research strategy, with new set of priorities * RBA to expand research with external, academic partners This article was written by Eamonn Sheridan at www.forexlive.com.

| etsy.me/3RHihSQ | ctrendfx.com #RBA #MonetaryPolicy #Economics #AndrewHauser #AustralianEconomy

NewsMatch Alert: Press Release Summary | 1 July 2025 Welcome to Medianet’s daily media alert featuring a curated list of today's most newsworthy press releases handpicked by our editorial team. Today's highlights New research exposes how female CEOs are...

🔢 Today's Press Release Highlights from Medianet 🔢
www.linkedin.com/pulse/newsma...

#ceos #genderbias #avo #philanthropy #paidparentalleave #gst #australianeconomy #genderinequity #mediaanalysis #pressrelease #pressreleasedistribution #australia #australianews #media #journalists

Asia stocks edge up amid Trump’s ceasefire talks; Australia’s soft CPI in focus Investing.com-- Asian stock markets extended gains on Wednesday, tracking an overnight jump on Wall Street as a U.S.-brokered ceasefire between Israel and Iran helped lift investor sentiment. Major U.S. stock index futures traded unchanged in Asian trading hours on Wednesday following a sharp rise on Wall Street in the regular session. Technology shares were the top gainers, with tech-heavy Nasdaq Composite jumping 1.4% overnight. In Asia, investors weighed a softer-than-expected inflation report from Australia and analyzed the Bank of Japan’s summary of opinions from its June meeting. Investors closely watch Trump’s Israel-Iran ceasefire talks Late Monday, President Trump announced a phased ceasefire between Israel and Iran, calling on both sides to uphold the agreement. However, skepticism remained about the truce’s longevity, as Trump quickly condemned both nations for violating the deal soon after its declaration. Even so, his announcement has raised hopes that the 12-day conflict marked by deadly airstrikes may finally be winding down. Regional stocks were higher as investors awaited further details on the ceasefire, though gains were capped by prevailing caution. Hong Kong’s Hang Seng index rose 0.7%, while South Korea’s KOSPI edged 0.3% higher. Both indices saw over 2% gains a day earlier. China’s Shanghai Composite index and the Shanghai Shenzhen CSI 300, both traded marginally higher. Singapore’s Straits Times Index rose 0.5%, while the Philippines’ PSEi Composite added 0.6%. BOJ meeting summary, Australia inflation data in focus Data on Wednesday showed that Australia’s consumer price index rose less than expected in May, while core inflation dropped to its lowest level in over three years. This development could give the Reserve Bank additional room to lower interest rates. However, Australia’s S&P/ASX 200 only inched up 0.1%. In Japan, a summary of opinions at the Bank of Japan’s latest policy meeting showed on Wednesday that some policymakers backed holding rates steady amid uncertainty over the impact of U.S. tariffs on Japan’s economy. Some board members noted stronger-than-expected inflation, with one suggesting the BOJ may need to raise rates decisively despite ongoing economic uncertainty. Japan’s Nikkei 225 was largely muted, while the broader TOPIX index fell 0.3%.

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Australian Leading Index for April 0.0% m/m (prior -0.2%) Australian Westpac Leading Index for April 2025 headline is unchanged m/m. But taken to two decimals its -0.01% m/m. WPAC on the data: The six-month annualised growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, slowed to 0.2% in April from 0.5% in March. * Uncertainty drag continues as commodity price tailwind subsides. * Economy tracking towards sub-par growth result for 2025. --- Meanwhile, the USD is slipping a little, EUR, AUD, NZD, GBP, CAD all higher. Since the post is Oz data, AUD/USD update: This article was written by Eamonn Sheridan at www.forexlive.com.

| etsy.me/3RHihSQ | ctrendfx.com #AustralianEconomy #WestpacLeadingIndex #EconomicGrowth #Forex #AUDUSD

Australia's Economic Growth Forecast Amid $13bn Slowdown: RBA Focuses on Rate Relief - #WorldEye

youtu.be/tyx3lBIZZ5U

#RBARateRelief #AustralianEconomy #MortgageHelp #RateCuts #EconomicGrowth

Australian interest rate changes since 1990 © Reuters.FILE PHOTO: A businessman walks past the headquarters of Australia's Reserve Bank in Sydney, November 3, 2015. REUTERS/Jason Reed/File Photo SYDNEY (Reuters) - The Reserve Bank of Australia on Tuesday left its cash rate unchanged at 4.10% following a two-day policy meeting. The following is a chronology of the Reserve Bank of Australia’s interest rate moves since 1990. Each move is measured in basis points (bp), which are one-hundredths of a percentage point. Feb 18 2025 Down 25 bp to 4.10 Nov 7 2023 Up 25 bp to 4.35 Jun 6 2023 Up 25 bp to 4.10 May 2 2023 Up 25 bp to 3.85 Mar 7 2023 Up 25 bp to 3.60 Feb 7 2023 Up 25 bp to 3.35 Dec 6 2022 Up 25 bp to 3.10 Nov 1 2022 Up 25 bp to 2.85 Oct 4 2022 Up 25 bp to 2.60 Sep 6 2022 Up 50 bp to 2.35 Aug 2 2022 Up 50 bp to 1.85 Jul 5 2022 Up 50 bp to 1.35 Jun 7 2022 Up 50 bp to 0.85 May 3 2022 Up 25 bp to 0.35 Nov 3 2020 Down 15 bp to 0.10 Mar 19 2020 Down 25 bp to 0.25 Mar 3 2020 Down 25 bp to 0.50 Oct 1 2019 Down 25 bp to 0.75 Jul 2 2019 Down 25 bp to 1.00 Jun 4 2019 Down 25 bp to 1.25 Aug 2 2016 Down 25 bp to 1.50 May 3 2016 Down 25 bp to 1.75 May 5 2015 Down 25 bp to 2.00 Feb 3 2015 Down 25 bp to 2.25 Aug 6 2013 Down 25 bp to 2.50 May 7 2013 Down 25 bp to 2.75 Dec 4 2012 Down 25 bp to 3.00 Oct 2 2012 Down 25 bp to 3.25 Jun 5 2012 Down 25 bp to 3.50 May 1 2012 Down 50 bp to 3.75 Dec 6 2011 Down 25 bp to 4.25 Nov 1 2011 Down 25 bp to 4.50 Nov 2 2010 Up 25 bp to 4.75 May 4 2010 Up 25 bp to 4.50 Apr 6 2010 Up 25 bp to 4.25 Mar 2 2010 Up 25 bp to 4.00 Dec 1 2009 Up 25 bp to 3.75 Nov 3 2009 Up 25 bp to 3.50 Oct 6 2009 Up 25 bp to 3.25 Apr 7 2009 Down 25 bp to 3.00 Feb 3 2009 Down 100 bp to 3.25 Dec 2 2008 Down 100 bp to 4.25 Nov 4 2008 Down 75 bp to 5.25 Oct 7 2008 Down 100 bp to 6.00 Sep 2 2008 Down 25 bp to 7.00 Mar 4 2008 Up 25 bp to 7.25 Feb 5 2008 Up 25 bp to 7.00 Nov 7 2007 Up 25 bp to 6.75 Aug 8 2007 Up 25 bp to 6.50 Nov 8 2006 Up 25 bp to 6.25 Aug 2 2006 Up 25 bp to 6.00 May 3 2006 Up 25 bp to 5.75 Mar 2 2005 Up 25 bp to 5.50 Dec 3 2003 Up 25 bp to 5.25 Nov 5 2003 Up 25 bp to 5.00 June 5 2002 Up 25 bp to 4.75 May 8 2002 Up 25 bp to 4.50 Dec 5 2001 Down 25 bp to 4.25 Oct 3 2001 Down 25 bp to 4.50 Sept 5 2001 Down 25 bp to 4.75 Apr 4 2001 Down 50 bp to 5.0 Mar 7 2001 Down 25 bp to 5.5 Feb 7 2001 Down 50 bp to 5.75 Aug 2 2000 Up 25 bp to 6.25 May 3 2000 Up 25 bp to 6.0 Apr 5 2000 Up 25 bp to 5.75 Feb 2 2000 Up 50 bp to 5.5 Nov 3 1999 Up 25 bp to 5.0 Dec 2 1998 Down 25 bp to 4.75 Jul 30 1997 Down 50 bp to 5.0 May 23 1997 Down 50 bp to 5.5 Dec 11 1996 Down 50 bp to 6.0 Nov 6 1996 Down 50 bp to 6.5 Jul 31 1996 Down 50 bp to 7.0 Dec 14 1994 Up 100 bp to 7.5 Oct 24 1994 Up 100 bp to 6.5 Aug 17 1994 Up 75 bp to 5.5 Jul 30 1993 Down 50 bp to 4.75 Mar 23 1993 Down 50 bp to 5.25 Jul 8 1992 Down 75 bp to 5.75 May 6 1992 Down 100 bp to 6.5 Jan 8 1992 Down 100 bp to 7.5 Nov 6 1991 Down 100 bp to 8.5 Sep 3 1991 Down 100 bp to 9.5 May 16 1991 Down 100 bp to 10.5 Apr 4 1991 Down 50 bp to 11.5 Dec 18 1990 Down 100 bp to 12.0 Oct 15 1990 Down 100 bp to 13.0 Aug 2 1990 Down 100 bp to 14.0 Apr 4 1990 Down 100-150bp to 15.0 to 15.5 Feb 15 1990 Down 50 bp to 16.5 to 17.0 Jan 23 1990 Down 50-100bp to 17.0 to 17.5 0 Latest comments

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New Think Tank PIA Aims to Boost Australia’s Economy & Living Standards - #WorldEye

youtu.be/9QkJIywxA8c

#JohnWylie #PolicyInstitute #AustralianEconomy #EconomicReform #ThinkTank

How the RBA’s Neoliberal Policies Hurt Australians The RBA's neoliberal policies favour corporate interests over citizens. Learn how it affects you and what can be done to change it.

How the RBA’s Neoliberal Policies Hurt Australians
#AustralianEconomy, #EconomicJustice, #RBANeoliberalism

The RBA’s neoliberal policies favour corporate interests over citizens. Learn how it affects you and what can be done to change it.

socialjusticeaustralia.com.au/rbas-neolibe...

Australia should focus on supporting local businesses instead of relying on big corporations like Amazon. We need to empower our economy and create jobs for hardworking Aussies. #SupportLocal #AustralianEconomy

$7 coffees trigger cafe collapse. An interesting read.

www.macrobusiness.com.au/2025/01/7-co...

#smallbusiness #cafes #coffee #businessowners #australianeconomy

Average Salary in Australia: Age, State, and Industry Breakdown | Man of Many Want to know how your salary compares to others in Australia? We've broken down the average salary in Australia by age, state, and industry.

Wondering where you stand in Australia's salary landscape? Mining's on top but where's your age group? 💸 Find out with @bendrives breakdown. #IncomeStats #AustralianEconomy #CareerGrowth manofmany.com/lifestyle/advice/average...