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Showing 1 - 10 of 122 results for "Household consumption"

'Not much' RBA can do about short-term inflation woes: Hauser

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2026
... then expect this to feed through to weaker business activity, eventually weakening hiring. We expect that household consumption will fall in Q2 and that this will see GDP fall in that quarter too." Bloxham said these developments will put the RBA in ...

RBA gives bleak economic outlook

ELIZA BAVIN  |  TUESDAY, 10 FEB 2026
... higher interest rates and because of slower housing price growth over the forecast period. "The outlook for household consumption growth and non-mining business investment in 2027 have also been revised down." The RBA is also anticipating the unemployment ...

RBA hike may come as soon as February

ELIZA BAVIN  |  FRIDAY, 12 DEC 2025
... early as February. "We believe a tight labour market, new (higher) inflation forecasts, strong housing and household consumption all point to monetary policy being too accommodative," Citi economist Faraz Syed. "Therefore, we shift our no policy change ...

Australian economy in 'very good place': RBA

ELIZA BAVIN  |  MONDAY, 22 SEP 2025
... the Australian economy is also expected to pick up "a little further" over the next year. "The recovery in household consumption growth is forecast to be sustained as real incomes continue to grow," she said. "But forecasts are just that - forecasts. ...

Australian economy 'stronger than expected'

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
... Allen said the uptick was "slightly stronger than expected" and mostly driven by an "upside surprise" in household consumption. "We continue to expect that the economy will improve from here with growth of ~2% expected by end 2025. Much of this will ...

GDP grows but still slow: 'Confirms our worst fears'

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... data came in under expectations. "The data confirms our worst fears of muted economic growth. Once again household consumption remained muted while that of the government did the heavy lifting, without which growth would have been deeply negative," Bhimavarapu ...

Aussie economy grows 0.2% in June quarter

ELIZA BAVIN  |  WEDNESDAY, 4 SEP 2024
... will come as no surprise to many Australians who are already battling through recession-like conditions. Household consumption has fallen in the past three months despite still strong population growth, real retail spending has gone backwards for almost ...

Pandemic-era savings to dry up: CBA

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... essentially exhausted by the end of 2024," he said. "This means that the tailwind of the savings drawdown on household consumption should have run its course by the beginning of 2025." However, Aird said there is still a large stock of excess additional ...

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... contained a discussion on whether demand was holding up better than expected, with the upward revisions in household consumption and the gradual strengthening of the global economic cycle pointing towards a potential rate hike. "Ultimately the case to ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... minutes said. Allen said the Statement on Monetary Policy noted that a judgement had been used to lower household consumption compared to what the models suggested, based on household disposable income forecasts. "Currently households are choosing to ...
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