Lowe’s parting gift to Aussie homeowners
Outgoing RBA boss Philip Lowe has spared Aussies further financial pain as he heads for the door in less than a fortnight.
Interest Rates
Huge clue ahead of Lowe’s last rate call
Fresh data on household spending and anaemic household spending all but confirm rates reprieve when the Reserve Bank meets on Tuesday.
Aussies taking out loans for shock item
As the Euro-summer holiday season is drawing to a close, new data reveals the truth behind some of the luxurious getaways.
Sign rate rise will be put on hold
Households are likely to be spared from another rate rise when the Reserve Bank meets next week after the latest inflation figures.
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ANZ predicts another rate cut
ANZ has broken ranks with its major rivals to predict that stubbornly high unemployment will force the RBA to cut interest rates to a new low.
RBA rates on hold: what it means
THE RBA has left the official cash rate on hold at two per cent today again. We explain what you should know if you’ve got a mortgage.
The signal that house prices may stall
THIS could be the one sign that the brakes may soon be applied to slow down the rate of soaring house prices.
Interest rates to rise, affect owner-occupiers
BEFORE, it was mainly the investors who copped it. Now, owner-occupiers are also in the firing range, and it’s going to get expensive.
‘Rain Man’ jailed over global scam
TOM Hayes has never fit the profile of a greedy banker, let alone a criminal. That didn’t save him from a long prison sentence.
RBA leaves cash rate on hold
THE Reserve Bank has left the official cash rate on hold at 2.0 per cent, but renters could soon be slugged with increases.
Interest rates won’t go much lower
LENDERS are continuing to drop their home loan interest rates — without any prodding from the RBA — but this is why they are unlikely to go much lower.
Is another rate cut on the cards?
THE Reserve Bank will keep a close watch on China’s stock markets and the Greek debt crisis to assess whether further rate cuts are needed.
Are high house prices here to stay?
WITH more Aussies struggling to buy their first home, experts have a scary prediction about what will finally bring property prices under control.
Reserve keeps rates on hold
THE Reserve Bank of Australia has kept the official cash rate on hold at two per cent — and it’s likely to stay put until the end of the year.
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