Promise of 'light at end of the tunnel' for inflation

Covered by 3 sources
- Guardian Australia·7h agoAustralia news live: Chalmers and Gallagher to present final budget outcome; RBA interest rate hike looms
Follow the day’s news live. Get our breaking news email, free app or daily news podcast Rising unemployment, stubbornly high inflation and a looming interest rate hike are piling misery onto Australian consumers, but Labor insists better days are on the horizon, Australian…
Read at Guardian Australia → - Guardian World·13h agoRBA expected to hike cash rate to 4.6%, its highest level since 2011
Outcome of meetings of Reserve Bank on Monday and Tuesday will affect Australian mortgage rates, household budgets and house prices Get our breaking news email, free app or daily news podcast Australia’s key interest rate is expected to hit its highest level since 2011, drag…
Read at Guardian World → - The West Business·1d agoPromise of 'light at end of the tunnel' for inflation
Labor is determined to inject optimism into Australia's gloomy consumers as another interest rate hike appears all but certain.
Read at The West Business →