ASX 200 hammered on Trump tariffs
Nearly $50bn was wiped off the Australian sharemarket on Monday as fears of a trade war led by US President Donald Trump tariffs ripped through the local market.
Nearly $50bn was wiped off the Australian sharemarket on Monday as fears of a trade war led by US President Donald Trump tariffs ripped through the local market.
Mortgage holders need more than one rate cut to start feeling relief, with only about 53,000 Aussies likely to move away from “at risk” should the RBA cut rates in February.
Australia remains behind its ambitious target of 1.2 million new homes by 2029 despite a bounce in new housing approvals in December.
Aussies have returned to the stores on the back of cost-of-living relief, lifting consumer spending for the first time in nearly two years.
One of the big four banks has made a major call ahead of any Reserve Bank of Australia decision to cut the cash rate.
All four of the big banks now agree on when the Reserve Bank board will cut interest rates following welcome inflation data this week.
Australians are still feeling the pinch of cost-of-living rises even though the rate of inflation is slowing.
Applications are now open for young Aussies to get a tax-free $1321 cash boost, but there’s a catch.
One of Australia’s top finance experts says mortgage holders and businesses are being pushed to the brink – and something’s got to give.
Australian households are within reach of desperately needed mortgage relief as lower inflation figures raise the prospects of an interest rate cut in February.
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
A new report suggests help is on its way for struggling homeowners who have had their mortgage increase in many cases by $12,000 a year.
Australia’s economy might be hitting a turning point on the back of better household spending – but economists are warning more work needs to be done.
Original URL: https://www.adelaidenow.com.au/business/economy/interest-rates