RBA November SOMP: Finally a 2.5% Inflation Forecast (End-2026)

--Trimmed Mean/Headline CPI at 2.5% Dec 2026 with cash rate profile broadly unchanged vs Aug
--Headline CPI profile 2.6% Dec 2024, 3.7% Dec 2025, 3.1% June 2026
--Trimmed Mean profile 3.4% Dec 2024, 2.8% Dec 2025, 2.7% June 2026
RESERVE-BANK-OF-AUSTRALIA, 05 Nov 2024, 02:50 PM

RBA Bulletin: Profit Margins Of Most Small Businesses Around Pre-...

By Sophia Rodrigues

(Sydney, October 17, 2024) – Profit margins of most small businesses are around their pre-pandemic averages as they’ve passed on higher costs, though more recently some small businesses have had less scope...

RBA Bulletin: Little Evidence Investors Pass Through Interest Cos...

By Sophia Rodrigues

(Sydney, October 17, 2024) – Level of housing demand compared with supply is the key driver of rents as there’s little evidence that investors pass through changes in their interest costs to their rent, a...

RBA Hunter: Not Concerned About De-Anchoring Of Inflation Expecta...

--Not currently concerned inflation expectations could become de-anchored in near term
--Inflation expectations not de-anchored through current high inflation experience
--RBA Board constantly alert for signs of de-anchored inflation...

RBA Kent: Would Consider TFF Type Tool Again in Extreme Circumsta...

--Total cost of TFF to RBA A$9 billion
--Material financial cost because of fixed rate on TFF
--Around A$4 billion cost was due to TFF extension
--Greater focus on upside economic outcomes could have led to different TFF calib...

RBA Minutes: Hawkish tone even with removal of rate cut unlikely...

--Easing financial conditions make rate hike plausible even if Aug forecasts came to pass
--Financial conditions eased over prior months as cash rate expectations, bond yields declined, equities rose
--Removed line rate cut unlikely...