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Economy | Australian, regional and global economic News | The Sydney Morning Herald

Sydney Morning Herald (SMH) •
November 03, 2026 • 03:30 AM
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The latest Economy news, comment and analysis from The Sydney Morning Herald covering Australian, regional and global economic

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The RBA has increased interest rates to 4.85 per cent. Use our calculator to see how much extra your mortgage repayments will be.

The US president tried and failed to bully Canada in tense negotiations this year. Now he may pay a heavy price.

NSW is “particularly sensitive” to interest rate increases, according to NSW Treasury modelling.

The RBA and Australian governments are pulling in opposite directions. No wonder inflation pressures persist.

There is no shortage of reasons to worry about the global economy. And yet there is at least one piece of good news on the horizon.

Trips in a Waymo tend to cost more than Uber rides and are likely to put drivers out of jobs. So, what are the benefits, and do we want these cars on our roads?

Our most successful retailers can attest that the cost-of-living crisis is getting worse by the day – even before further rate rises hit consumers.

The US central bank has left interest rates on hold, but inflation data due later this week is expected to show another increase in prices.

The clock may be ticking on America’s “exorbitant privilege”.

On Melbourne Cup day – bet on interest rates rising. It’s a sure thing.

Saudi Arabia’s crown prince Mohammed bin Salman made a few big gambles as he rose to power, including one on Donald Trump.

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