#patrickcomminseconomicseditor — Public Fediverse posts

Australian households face prospect of interest rate hike and petrol prices rising above $2 a litre
By Patrick Commins Economics editor

Economists’ warning comes as escalating Middle East crisis pushes global crude oil back above $US100 a barrel

https://www.theguardian.com/australia-news/2026/jul/25/australian-households-prospect-interest-rate-hike-petrol-prices-rising

#ReserveBankofAustralia #USIsraelwaronIran #Australianews #Australianeconomy #Economics #Energy #Oil #Interestrates #TheGuardian #PatrickComminsEconomicseditor

Think you have a handle on how Australia’s economy works? Take the RBA’s quiz and find out
By Patrick Commins Economics editor

The Reserve Bank wants Australians to understand how its interest rate decisions affect inflation, employment and growth

https://www.theguardian.com/australia-news/2026/jul/22/think-you-have-a-handle-on-how-australias-economy-works-take-the-rbas-quiz-and-find-out

#ReserveBankofAustralia #Interestrates #Economics #Australianeconomy #Inflation #TheGuardian #PatrickComminsEconomicseditor

RBA now twice as likely to hike interest rate as US-Iran war drives fuel prices higher
By Patrick Commins Economics editor

Experts warn global energy market at a ‘critical juncture’ with escalating Middle East crisis expected to further drag on a slowing Australian economy

https://www.theguardian.com/australia-news/2026/jul/22/rba-interest-rate-rise-likely-us-iran-war-markets-forecast

#ReserveBankofAustralia #Economics #Australianews #Iran #USnews #StraitofHormuz #Energy #Oil #Interestrates #Australianeconomy #TheGuardian #PatrickComminsEconomicseditor

Australia’s life dissatisfaction levels double as ‘wellbeing poverty’ reaches new highs
By Patrick Commins Economics editor

ABS data show one in 10 people are not satisfied with life – but community cohesion and trust lift happiness scores

https://www.theguardian.com/business/2026/jul/20/australias-life-dissatisfaction-levels-double-as-wellbeing-poverty-reaches-new-highs

#Australianeconomy #Australianews #Business #Costoflivingcrisis #TheGuardian #PatrickComminsEconomicseditor

Recession off the cards but Australia faces dreary outlook, economists say
By Patrick Commins Economics editor

De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinch

https://www.theguardian.com/business/2026/jul/08/economy-of-australia-avoids-recession-consumer-pessimism-lingers-economists

#Australianeconomy #Australianews #Australianpolitics #Economics #Business #Business #PatrickComminsEconomicseditor

Recession off the cards but Australia faces dreary outlook, economists say
By Patrick Commins Economics editor

De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinch

https://www.theguardian.com/business/2026/jul/08/economy-of-australia-avoids-recession-consumer-pessimism-lingers-economists

#Australianeconomy #Australianews #Australianpolitics #Economics #Business #Business #PatrickComminsEconomicseditor

Australia’s median wealth falls almost 7% since 2020 despite the rich getting richer, report says
By Patrick Commins Economics editor

Swiss bank UBS finds ‘growing divide between the wealthiest and the broader population’ as country adds more than 25,000 more millionaires

https://www.theguardian.com/australia-news/2026/jul/03/australia-median-wealth-falls-but-rich-getting-richer

#Inequality #Australianews #Australianeconomy #PatrickComminsEconomicseditor