#ausecon — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #ausecon, aggregated by home.social.
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The Australian "experiment" with ultra-low unemployment may be coming to an end as the Reserve Bank shifts its primary focus back to cooling inflation. For years, the goal was to see how low the jobless rate could go before sparking price hikes; now, that strategy is being tested by persistent economic pressures.
#auspol #economics #rba #employment #ausecon
https://www.abc.net.au/news/2026-03-15/australia-interest-rates-goodbye-to-low-unemployment-experiment/106445522 -
The Reserve Bank of Australia (RBA) has just hiked the cash rate by 0.25 percentage points to 3.85% in its first decision of 2026. This is the first increase in over two years, driven by inflation rising materially in the second half of 2025 and coming in above the 2-3% target (e.g., headline at 3.8%).
This ends the brief easing cycle from 2025 and will likely mean higher mortgage repayments for many variable-rate borrowers.
Ouch for Aussies with mortgages…#RBA #InterestRates #Inflation #AusEcon
https://www.abc.net.au/news/2026-02-03/reserve-bank-lifts-interest-rates-february-2026/106298696