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The OECD believes Australia will be one of the world’s fastest growing economies this year and next, but with high inflation, lifting pressure on Treasurer Jim Chalmers.

Australia flagged as a global leader in a war-battered, inflationary world

The OECD believes Australia will be among the fastest growing economies this year. But it will come with high inflation, a worry for the Reserve Bank.

  • Shane Wright

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Iran’s strikes on Gulf states could lead to a new regional order

We can only hope Peter Hartcher is wrong with his prediction of a drawn out, dangerous Middle-East conflict due to Trump’s miscalculations.

Michele Bullock and Yamba.

RBA governor spent $2m on coastal home – on same day as rate rise

Michele Bullock settled on a new four-bedroom home on the north coast of NSW on March 17, the day the Reserve Bank lifted the official cash rate.

  • John Buckley and Fiona Byrne
Michele Bullock, governor of the Reserve Bank of Australia.

Level heads needed to see bigger picture after rate hike

The latest increase in interest rates is more about rising oil prices than domestic-driven inflation.

Investors had widely anticipated the RBA’s rate hike, but are uncertain of the central bank’s next moves.

RBA warns recession may be unavoidable after raising rates again

The Reserve Bank has lifted official interest rates a quarter percentage point in a decision that will add about $100 a month to the repayments on a $600,000 mortgage.

  • Shane Wright
Donald Trump didn’t get a vote in the RBA decision to raise interest rates – but his was the biggest impact on it.

A 5-4 vote says everything about the Reserve Bank’s dilemma

Donald Trump has upended the Middle East and oil prices. Now he’s influencing interest rate settings in Australia.

  • Shane Wright
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RBA governor Michele Bullock.

Increasing rates is such a blunt instrument. There are other, better ways to target inflation

If the RBA unleashes further painful interest rate rises, we risk severely hurting the economy and plunging into recession without reducing inflation at all.

  • Alison Pennington
Michele Bullock

Mortgage calculator: How much extra will your repayments be?

The RBA has increased interest rates to 4.10 per cent. Use our calculator to see how much extra your mortgage repayments will be.

More than any other factor, Australians blame the government for rising costs.

Voters blame Albanese, not Trump’s war, as cost-of-living pain deepens

The Reserve Bank is tipped to lift interest rates, but voters are likely to blame the Albanese government for the inflation that is forcing the bank’s hand.

  • Shane Wright