Glenn Connley

May 5, 2026

Waiting on the governor

We are just waiting to hear from Michele Bullock now, who will explain how the bank needed to act, because if it…

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Does Treasury expect inflation to hit 5%?

Jim Chalmers: You’ll see our forecasts in a week from now, but we’ve made it clear, and we’ve been very upfront in…

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Questions

Asked whether the Victorian state budget (which as a pre-election budget includes a whole heap of little treats to voters) is making…

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Jim Chalmers statement

The Treasurer is up and talking about the decision – he is well prepped for this, because everyone and their cat knew…

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Cripes

Having a look at the RBA statements gives us an insight into their “thinking”  First change – last time the vote was…

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More on that split decision

Today’s decision to increase interest rates was a split decision but not as split as it was in March. There are nine…

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Statement by the Monetary Policy Board: Monetary Policy Decision

At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 4.35 per cent. Inflation picked up materially…

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Not everyone is stressed by the idea of interest rates are going up

Households maybe feeling stressed with higher fuel prices, two previous interest rate increases and another possible one today, but don’t worry not…

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Unnecessary pain

The Reserve Bank of Australia’s decision to hit borrowers with a third straight interest rate rise heaps more unnecessary pain on home…

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Eight to one

So that decision was made in an eight-one vote. Which means there was one dissenter. You are going to hear a lot…

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