Quarterly Economic Update: April to June 2026
It was a quarter of two halves. Overseas, the US and Iran agreed to end their war, sending oil prices tumbling and sharemarkets rallying. At home, households copped another rate…
It was a quarter of two halves. Overseas, the US and Iran agreed to end their war, sending oil prices tumbling and sharemarkets rallying. At home, households copped another rate…
The first quarter of 2026 will be remembered as one of the most consequential in decades. A war erupted in the Middle East, the Strait of Hormuz closed, oil prices surged past US$100 per barrel, and inflation roared back to life. Central banks pivoted sharply from cutting rates to raising them. For Australian households, that has so far meant two consecutive rate hikes and a stark reminder that the cost of living battle is far from over.
The December quarter has been defined by unexpected twists. Just as we thought inflation was under control, it kicked back up. Just as rate cuts seemed certain for 2026, we’re…
The Australian economy is still growing, but things are moving slower than usual, and the Reserve Bank of Australia (RBA) is being cautious with any changes to interest rates. They’re…
A sudden uptick in the unemployment rate and slower economic growth combined with continued strong inflationary pressures are set to test the Australian economy during the next two years, according…
The price of a lowly head of lettuce has never been a recognised barometer of the strength of the Australian economy, that is until the media started reporting iceberg lettuces…
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