The jobless rate hasn’t been this high since November 2021. But this is why it’s unlikely to stop the Reserve Bank from lifting interest rates next Tuesday.
Articles on Reserve Bank cash rate
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The Conversation’s 29-member panel expects very weak economic growth and recessions in much of the rest of the world, but there’s good news down the track for Australians’ buying power.
two leading economists on Australia’s post-COVID economy
Michelle Grattan discusses the economic future of Australia post-COVID with economists Richard Holden and Warwick McKibbin
Reserve Bank Governor Philip Lowe has laid out a road map for measures to drive a range of other interest rates down, now that its cash rate has hit effective zero.
After the Reserve Bank cuts its cash rate to effective zero, it’s considering something similar for other rates.
The Reserve Bank has scheduled an announcement for Thursday. The government will unveil a second coronavirus stimulus package within days.
