HeyJaredStephen Johnson
- Indexed articles, last 90 days
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- Sep 29, 2026
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- Jul 29, 2026
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Bullock warns of recession risk following fourth RBA hike (opens the original)
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Reserve Bank Governor Michele Bullock has warned it could take a recession to control inflation after borrowers were hit with a fourth rate rise this year — taking the Reserve Bank of Australia’s cash rate to a 15-year high of 4.6 per cent. The Middle East conflict and AI data centre construction were expected to keep inflation elevated, but Australia’s most powerful central banker has argued higher interest rates will see Australians get cheaper imports as they spent less on Australian-made pro
Rate rise tipped despite five-year high unemployment (opens the original)
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Borrowers are still expected to cop an interest rate rise next week despite unemployment rising to a five-year high of 4.6 per cent just days after Reserve Bank governor Michele Bullock warned the jobless level would have to climb closer to 5 per cent to bring down inflation. The jobless rate in August was the highest since November 2021, when Sydney and Melbourne were in COVID lockdown, and is at the edge of what economists regard as full employment. Last month, 28,200 people joined the unemplo
Fresh figures reveal growth toll of rate hikes (opens the original)
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Australia’s economic growth pace has slowed in the face of three interest rate rises and could be squeezed further with economists expecting another Reserve Bank hike to tackle persistent inflation during a prolonged productivity crisis. Gross domestic product in the year to June 30 eased to 2.1 per cent, down from March’s annual pace of 2.5 per cent. The weaker growth pace was still better than market expectations of a 1.8 per cent expansion and the Reserve Bank’s August prediction of a 1.9 per
Bullock hints at further interest rate hike after RBA ruling (opens the original)
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The Reserve Bank has left interest rates on hold for the second straight meeting but governor Michele Bullock has hinted it could still hike rates, with inflation expected to remain high until the middle of next year. In a unanimous vote of all nine monetary policy board members, the cash rate was left unchanged at 4.35 per cent on Tuesday afternoon despite headline and underlying inflation both being above the RBA’s 2-3 per cent target for almost a year. “The board will raise interest rates fur
Rinehart threatens action over Race Around The World skit (opens the original)
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WA business leader Gina Rinehart has formally placed the ABC on notice over a Race Around The World episode where a contestant made a video fantasising about committing an act of sexualised violence on the billionaire mining magnate. Mrs Rinehart’s company, Hancock Prospecting, has informed the national broadcaster’s board it will take legal action over the July 12 episode featuring filmmaker Kate McGuinness that was still on its website on Friday. “Hancock called upon the ABC to immediately rem
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