Major bank’s huge interest rate call
NAB says the worst of the economic cycle could be behind us, predicting a number of rate cuts in 2025 to help households and business alike.
Interest Rates
Eye-watering cost of Christmas revealed
A staggering number of Aussies will be paying off their credit card debts for at least six months after relying on their credit cards to get through the holiday season.
‘Accepted’: 20yo’s crushing debt reality
A young Aussie has shared the common debt nightmare she’s living with – and the grim reality she’s “accepted” because of it.
Renewed hope for Aussie rate cut
Aussies hoping for a rate cut have received welcome news, as inflation is tipped to have fallen in the November monthly figures.
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Grim warning for Australia’s living standards
Aussies are getting poorer and it seems unlikely to change in the near future – but it may not be all bad news, according to industry figures.
Falling Aussie dollar could halt rate cut
A weakening Aussie dollar could see import prices rise, adding further pressure on the RBA to hold rates higher, experts have warned.
‘Further back’: Bad news for Aussies in 2025
Experts have offered their outlooks for the economy in 2025, and while there’s some good news, there will be continued pain to come for many.
Fresh blow for would-be homeowners
The International Monetary Fund has poured cold water on a key housing policy which would make it easier for first-home buyers to get a loan.
RBA’s major clue on next rates decision
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
Ray of hope emerges for Aussie economy
A new outlook has forecast the Australian economy is on a “narrow path to a soft landing” and is tipped to improve next year – but there’s a major catch.
ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Major bank’s cost-of-living warning
A leading bank is expecting a spike in electricity prices until July 2025 putting further pressures on Australians.
Major change to Aussie cash revealed
A major change to Aussie cash could be on the cards – which would essentially keep cash in the Australian system despite the dominance of card payments.
Grim update as ASX sell-off continues
The ASX has tumbled to a new low after markets continued to sell off, with investors factoring in a less-than-favourable decision in the US.
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