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Have interest rates peaked? As consumer spending weakens, economists think so

Australian consumers are showing real signs the largest and longest rate hiking cycle in 30 years is starting to bite. It might be the proof the RBA needs to see that its fight against inflation is working, adding further weight to the theory that rate rises are behind us.

Nicki Bourlioufas | 13th Sep 2023 | More
Higher rates biting into household wealth, with more pain to come

Household wealth in September recorded its third largest quarterly decline since the Australian Bureau of Statistics began keeping records in 1989. And wealth is likely to keep falling in the coming quarters, as the lagged effects of interest rate hikes flow through.

Nicki Bourlioufas | 21st Dec 2022 | More
Borrowing capacity shrinks as RBA mulls higher rates

The impact of higher interest rates imposed by the Reserve Bank of Australia is being felt, with borrowing capacity taking a dramatic hit across the nation.

Lachlan Buur-Jensen | 30th Sep 2022 | More