The Interest Rate Cut That Didn’t Happen, And What Comes Next
The RBA shocked markets this week by keeping interest rates on hold at 3.85%, despite widespread expectations for a third cut in five months. That decision left millions of mortgage holders disappointed and raised new questions about the central bank’s strategy as inflation continues to ease.This week on the podcast, Chris Bourke speaks with economy reporter Swati Pandey about why markets misread the RBA, what Governor Michele Bullock’s signals mean for future moves, and what could prompt the next cut. They also unpack the impact on housing and how global risks like President Trump’s tariff threats are complicating the outlook.See omnystudio.com/listener for privacy information.
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Australia’s New Home Battery Plan And The Race for Net Zero
Australians have enthusiastically embraced rooftop solar panels. Now the government has introduced a A$2.3 billion rebate plan to get more people to install batteries at their homes, to store all of that solar power to smooth out supply at times of peak demand. This week on the podcast, Rebecca Jones talks to energy reporter Keira Wright about why the government wants more batteries, how much people stand to save under the rebate scheme, and what it all means for the country’s power supply.See omnystudio.com/listener for privacy information.
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Virgin Australia's ASX Return: Clear Skies or Turbulence Ahead?
Virgin Australia is back on the ASX after a five-year absence, marking the biggest IPO so far this year. Once grounded by the pandemic, the airline is now making money again and flying under new leadership. This week on the podcast, Rebecca Jones talks to Angus Whitley about the airline’s financial reboot, its rivalry with Qantas, the risks of private equity ownership, and whether this new Virgin can deliver for both investors and travelers.See omnystudio.com/listener for privacy information.
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What Happens If Trump Bails on Aukus?
The US has announced a review of the Aukus defense deal, casting fresh doubts on whether the country will follow through on its pact with Australia and the UK.This week on the podcast, Rebecca Jones asks reporter Ben Westcott to explain what’s behind the review and what the potential consequences are for Australia, the Asia Pacific, and China’s increasing presence in the region.See omnystudio.com/listener for privacy information.
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We Need to Talk About the New Tax on Super
Many Australians are already subject to a 15% tax on their superannuation profits, but the wealthiest are facing another levy on top of that. This week on the podcast, Chris Bourke asks cross-asset reporter Richard Henderson to explain how the tax will work, who will be affected, and if Australia’s super system is becoming a wealth accumulation vehicle for the rich.See omnystudio.com/listener for privacy information.
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