All posts by Peter Martin

Sky-high mortgages, 7.1% inflation, and a 20% chance of recession. How the Conversation’s panel sees the year ahead

Sky-high mortgages, 7.1% inflation, and a 20% chance of recession. How the Conversation's panel sees the year ahead

This article is republished from The Conversation under a Creative Commons license. Read the original article here. Homeowners will face mortgage rates near 5.5% in a little over a year, according to a survey of 22 leading Australian economists. The Conversation’s 2022-23 forecasting survey predicts an increase in the Reserve Bank’s cash rate from its…

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Top economists expect RBA to hold rates low in 2022 as real wages fall

This article is republished from The Conversation under a Creative Commons license. Read the original article here. Australia’s leading forecasters expect the Reserve Bank to resist pressure to lift interest rates all year, despite rising interest rates overseas, much higher inflation, plunging unemployment, and financial market traders pricing in two hikes in the next six…

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Unemployment below 3% is possible for the first time in 50 years – if Australia budgets for it

This article is republished from The Conversation under a Creative Commons license. Read the original article here. What’s the boldest thing the Morrison government could do in next month’s budget? It would be to forecast an unemployment rate below 4% (a rate of three-point-something), then to pledge to go further, to two-point-something. Neither have happened…

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