Inflation

The reserve bank is set for its biggest shake-up in decades after long-stalled reform passed through federal parliament.

The decisions the Reserve Bank makes affect the rest of us, and therefore should continue not to be taken lightly — whichever board might make them.

Australians are set to spend almost $7 billion in just four days during this year's Black Friday-Cyber Monday sales, as the cost of living sees more shoppers eager to snap up a bargain.

Sean Langcake from BIS Oxford Economics says people will have to remain patient waiting for a rate cut with core inflation numbers ticking up.

Australia's inflation rate remained steady in October, with rising prices for food, alcohol, cigarettes and recreational activities keeping it at 2.1 per cent annually.

Do you know what happens when a business enters voluntary administration? We asked an expert to explain in simple terms. 

While other central banks have reacted to a sudden drop in inflation, the Reserve Bank of Australia has been reluctant to move, raising questions about whether it may leave rates too high as the economy cools.

EY Chief Economist Cherelle Murphy says while it was expected the unemployment rate would stay at 4.1%, the strength of the jobs market has been surprising in light of high interest rates, cost-of-living pressures, and slow economic growth

Argentina's inflation has fallen below 200 per cent for the first time this year, but the harsh measures to do so have dragged many into poverty.

Wages growth in Australia slows to 3.5 per cent over the past year, according to official data, still outpacing inflation to result in modest real wage increases.

Following Peter Dutton going on the attack over the cost of living pressures facing Australians, Treasurer Jim Chalmers hits back at the opposition leader.

RBA governor Michele Bullock says she didn't "caution" the government about its spending, and its attitude on spending is "the right one".

Tens, perhaps even hundreds of thousands of Australians waiting for interest rates to start falling will have to keep waiting for some time — potentially a long while.

Ivan Calhoun says there are signs the RBA board is seeing improvements in inflation, which could mean modest rate cuts through the first half of next year.

The Reserve Bank of Australia has kept interest rates on hold at 4.35 per cent for its eighth-straight meeting despite inflation falling to its lowest level in almost four years.

America's economy is booming but everyday life is much more expensive than it was four years ago — and that is the one question that's leading some voters to vote for Donald Trump. 

Economists have welcomed the government's plan to raise the level of income people need to earn before they need to make student debt repayments, but argue that reducing the cost of higher education would have greater benefits than slashing existing debts.

What, or more precisely who, is to blame for the inflation episode that has up-ended our lives for the past three years?

The prime minister has had little to celebrate in recent weeks. But a close look at the inflation data could open up a dream scenario for the next election.  

Playing bad Santa this Christmas may not please your friends and family, but it could just save them some money if they have a mortgage.