Opinion

More interest rate cuts unless we start spending

The Reserve Bank  cut interest rates – and may do so again within months – because nervous Australians aren’t getting pay rises, and aren’t spending enough to turn around dismal economic figures, says Peter Martin.

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Confidence up as consumers expect interest rate cut

Consumer confidence increased over the weekend amid talk of a cut to interest rates while inflation expectations fell, an ANZ analyst says.

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Eyes on rival banks after Westpac lifts mortgage rates

Westpac’s major rivals may not rush to follow the lender’s move to raise mortgage rates, with regulators’ glare and the threat of an increased bank levy keeping them on hold, according to one leading analyst.

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RBA board expects next rate move to be up

The board of the Reserve Bank believe that their next interest rate move is likely to be a hike, though it may be some time to come.

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Banks stir political hornets' nest

The banks haven’t done themselves any favours, stirring a political hornets’ nest after failing to pass on the latest official 0.25 per cent interest rate cut in full.