Australia Risks Becoming a ‘Welfare State’ without Spending, Productivity Fixes

Reserve Bank of Australia Reveals Why It Held Rates in July

The Reserve Bank of Australia (RBA)’s Monetary Policy Committee has released its meeting minutes, revealing the reasons for holding the Official Cash Rate (OCR) at 3.85 percent in July. The decision came down to a six-to-three vote, the central bank said, with the majority opting to wait for more data on inflation and global economic developments before easing policy further. Economists and financial markets were surprised by the move, which bro…

Reserve Bank minutes show an institution that needs a bigger thesaurus — and better judgment

Minutes from the Reserve Bank meeting in which it decided not to cut interest rates reveal a body with terrible judgment.

RBA Seen Cutting Three More Times by Early 2026, Matching Market

Economists expect Australia’s central bank will deliver three more interest-rate cuts by early 2026, up from two seen previously, bringing their outlook into line with money market pricing.

Banks slump as investors turn to miners; RBA minutes

The Australian sharemarket has closed flat after opening higher, as strong gains in healthcare and materials were offset by a second straight day sell-off in bank shares, seeing investors moving towards the miners. For more, Stephanie Youssef spoke with Todd Hoare, the chief investment officer at LGT Crestone. Plus, the Reserve Bank has revealed its reasoning behind its decision to keep interest rates on hold at July’s board meeting, saying lowe…

Australia risks becoming a ‘welfare state’ without spending, productivity fixes

The Reserve Bank was split on a rate cut at its last meeting – now the minutes reveal why six board members voted against change.

RBA’s shock call to hold rates based on jobs, inflation: minutes

The Reserve Bank minutes reveal the board was buying time as it shocked the market by holding off on a rate cut at its July meeting.