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Patrick Commins

Reporter

Indexed articles, last 90 days
36
Latest publication
Oct 1, 2026
Outlet visibility, for Aol
Top 10K sites
Earliest in this view
Jul 7, 2026

Latest articles

  1. Article · Oct 1, 2026 · Patrick Commins

    Australia at risk from major global financial shock, Reserve Bank warns (opens the original)

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    Warning comes as central bank estimates fewer than one in 100 borrowers owe more on their home than its worth Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast The Reserve Bank says households are well placed to weather the twin storm of rising interest rates and plunging property prices, but warned that Australia would not be immune to a sudden collapse of the global AI investment boom. The central bank’s latest financial stabilit

  2. Article · Sep 30, 2026 · Patrick Commins

    Inflation leaps to 4% stoking fears of fifth interest rate hike before Christmas (opens the original)

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    Jim Chalmers says ‘higher global oil prices flowing through to oil prices in Australia’ are to blame for inflation rising from 3.5% Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Inflation has jumped to 4% in the year to August, from 3.5%, as Jim Chalmers was again forced to defend Labor’s economic management amid fears the Reserve Bank will need to hike interest rates again before Christmas. The increasingly embattled treasurer

  3. Article · Sep 29, 2026 · Patrick Commins

    Danger zone: why war in the Middle East has landed the RBA’s inflation fight in tricky territory (opens the original)

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    The Reserve Bank appears ready to push harder against inflation but it comes with a greater risk for the economy The fight against inflation has entered a new, more dangerous phase. For years, the Reserve Bank has been attempting, as gently as possible, to steer inflation back to its 2.5% target while trying to retain as many of the post-pandemic job gains as possible. “That still remains the strategy,” Michele Bullock, the RBA’s governor, told journalists on Tuesday afternoon, an hour aft

  4. Article · Sep 28, 2026 · Patrick Commins

    Further interest rate hikes could ‘devastate’ property market without easing unaffordability (opens the original)

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    With RBA predicted to lift cash rate for fourth time this year on Tuesday, experts warn a fifth – or even sixth – rise would be ‘overkill’ Get our new political email, free app or daily news podcast Two or even three more Reserve Bank interest rate hikes would be “devastating” for the property market but still leave housing more unaffordable than ever as higher borrowing costs trump lower prices, experts say. The RBA’s monetary policy board is widely expected on Tuesday afternoon t

  5. Article · Sep 24, 2026 · Patrick Commins

    Australians ‘scrambling’ for second jobs to deal with rising mortgage repayments and cost of living (opens the original)

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    Latest data also shows unemployment at highest level since the pandemic, which analysts doubt will stop RBA hiking interest rates Follow our Australia news live blog for latest updates Get our breaking news email, free app or daily news podcast Australians are “scrambling” to find more work to cover soaring living expenses and prepare for higher mortgage costs, economists say, after new data showed unemployment ticked up to its highest rate since the pandemic. The key jobless figure lifted t

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