The cash rate has hit its highest level since December 2012, with a $500,000 home loan now costing $880 more per month than before the hikes started in May.
The manufacturing sector has finally contracted after three months of flatlining, in a sign that less than favourable economic conditions are now hurting.
Reserve Bank boss Philip Lowe has admitted language around the 2024 interest rate forecast was not clear enough and apologised for the miscommunication.
Consumer confidence has recovered a little after weeks of declines, with people feeling slightly less bleak about the future of their finances and the economy.
The cash rate has been hiked for the seventh consecutive month, up 25 basis points to be 2.85 per cent, as the Reserve Bank predicts inflation will hit 8 per cent this year.
Ballajura and Alexander Heights are among Perth's top spots for mortgage delinquencies, according to data obtained by Moody's Investors Service trawling through residential mortgage backed securities.
Senior journalist Claire Tyrrell talks about climate risks in the building industry and discusses highlights from her recent conversation with Garry Brown-Neaves.
The nation's central bank has reacted to concerns about the pace of interest rate rises with a softer-than-expected decision, lifting the official cash rate 25 basis points to be 2.6 per cent.
Mark Beyer and Matt Mckenzie talk about market volatility, inflation, rising revenue in budgets, Fremantle Ports, NAIF and the next edition of our magazine.
Philip Lowe has denied saying interest rates wouldn't be lifted until 2024 as an independent review into the reserve bank is set to examine the effectiveness of its communication.
The RBA cash rate looks set to move past 3 per cent in months ahead; while the average WA home loan inked in April will now cost $610 more per month after five consecutive rate hikes.
WA businesses plan to lift their salary budgets by 24 per cent to compete for talent and respond to inflation, according to a survey by professional services recruiter Robert Half.
The Reserve Bank board is expected to lift the cash rate for the fourth month in a row when it meets on Tuesday, with economists tipping a 50 basis point rise.
Premier Mark McGowan says international factors are driving inflation, after Perth prices rose 7.4 per cent in the year to June, Australia's highest rate.
Mark Barnaba's term as an RBA board member has been extended by one year as a review of Australia's central bank raises the possibility of a major governance shakeup.
Moves to lift the official cash rate show no sign of slowing, with the Reserve Bank indicating interest rates will need to be much higher to stop inflation.
ANALYSIS: Living standards are being hit and wealth shredded by rocketing inflation in the United States, but there's dramatic, and potentially telling, differences across countries.