Why RBA is being blamed for inflation
The RBA’s slow response to the post-Covid economic boom is to blame for Australians paying more on their mortgage today, a consulting firm has found.
Interest Rates
RBA’s excuse for rate forecast fails
The RBA has defended the economic forecasting it does to help the board when it considers changes to the cash rate, admitting the predictions are likely wrong.
Big bank’s surprise call on cost of living
Westpac says the peak of the cost of living crisis could be behind us with the number of Aussies needing the bank’s help to pay their loans falling.
‘Doesn’t have to be like that’: Huge RBA call
The tide is turning against the RBA, with experts from Australia’s biggest bank claiming the Board’s major interest rates excuse is “overdone”.
More Stories
Surprising state tops list for business
Australia’s leading business body has just ranked the best and worst states and territories for commerce and a surprising state has come out on top.
ASX sets new record high
Australia’s sharemarket has started the last month of the year with a strong day of trading, as new retail data was surprisingly good.
Major bank makes huge rate call
The big four bank is the latest institution to push out its timeline for a Reserve Bank interest rate cut, as customers start spending their stage 3 tax cuts.
‘Worse without:’ Bullock’s bold jobs call
The RBA governor surprisingly came out in support of Australia’s big spending budget saying the economy “would be worse without it”.
Aussie shares hit fresh record high
The Australian sharemarket cracked a fresh record high on Thursday on the back of a surge in the big banks and healthcare stocks.
Warning as banks move away from rate cut
Mortgage holders’ hopes of a February rate cut are fading as big four bank analysts begin to alter their predictions.
Push to change rules for first homebuyers
Restrictive rules which prevent nearly two in five first home buyers from securing financing should be eased, a major report is expected to say.
Push to change rules for first homebuyers
Restrictive rules which prevent nearly two in five first home buyers from securing financing should be eased, a major report is expected to say.
Inflation update grim news for rate cut
Inflation figures have continued their trend down, but not in a way that will help mortgage holders any time soon.
‘Crashing’: Sign the RBA has ‘has lost the plot’
Inflation is “collapsing” in Australia – but the Reserve Bank just keeps on making the same mistake, as the rest of us suffer.
Original URL: https://www.adelaidenow.com.au/business/economy/interest-rates/page/3