Why the RBA should go easy on interest rate hikes: inflation may already be retreating and going too hard risks a recession

Peter Martin, Crawford School of Public Policy, Australian National University One of the stranger things about the Reserve Bank’s announcement of why it’s lifting interest rates by 0.25 percentage points…

Continue ReadingWhy the RBA should go easy on interest rate hikes: inflation may already be retreating and going too hard risks a recession

RBA Governor Philip Lowe is hiking interest rates. Worst case, it’ll mean an extra $600 per month on a $500,000 mortgage

Isaac Gross, Monash University Reserve Bank Governor Philip Lowe has announced he will lift the cash rate for the first time in a decade, by 0.25 percentage points, taking it…

Continue ReadingRBA Governor Philip Lowe is hiking interest rates. Worst case, it’ll mean an extra $600 per month on a $500,000 mortgage

Elon Musk claims his Neuralink brain chip could ‘cure’ tinnitus in 5 years. But don’t hold your breath

 David Tuffley, Griffith University The human brain is said to be the most complex biological structure ever to have existed. And while science doesn’t fully understand the brain yet, researchers…

Continue ReadingElon Musk claims his Neuralink brain chip could ‘cure’ tinnitus in 5 years. But don’t hold your breath