Homeowners could score $8k cut to mortgage
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.
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.
Struggling borrowers could finally get a rate cut in February, with inflation tipped to fall faster than the Reserve Bank has been expecting.
The Treasurer has urged “confidence, not complacency” ahead of Wednesday’s new inflation data, which could lead the RBA into its first rate cut since 2020.
An upsetting reality awaits millions of Aussies working to own their own home outright, with one expert sharing a surprising insight.
The ASX 200 finished the week strongly off the back of surging commodity stocks and an unexpected business partnership
National house prices have dropped for the first time in two years, with one state leading the downward pressure.
The Australian dollar has fallen to a near-five-year low that is the worst seen since Covid.
Aussies are making the difficult choice of leaving, as high house prices see them look for cheaper alternatives overseas.
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.
A weakening Aussie dollar could see import prices rise, adding further pressure on the RBA to hold rates higher, experts have warned.
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.
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.
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
Original URL: https://www.adelaidenow.com.au/business/economy/interest-rates/page/5