The report said the RBA kept the cash rate unchanged in September, citing a rebound in private-sector demand, stable employment conditions, and signs that inflation could remain sticky in some areas. Although underlying inflation has stayed within the 2% to 3% target range, the August CPI indicator suggested the September quarter result “would be stronger than earlier thought.”
Trending
- COBA welcomes shift toward unified regulation
- Suncorp Bank cuts mortgage rates below 5%
- How Extra Mortgage Payments Can Shave Thousands Off Your Debt
- First National raises $800 million in bond sale ahead of private equity takeover
- The Big Mistake Hiring Managers Make
- Westpac says November rate cut a live possibility
- How to Lower Fixed Expenses on Your Budget When You’re Paying Off Debt
- Science, Skepticism, and Self-Care: Navigating Modern Vaccine Debates