Grim news every Aussie needs to hear
A leading finance guru has revealed the nightmarish interest rate situation that could easily destroy the lives of countless Aussies.
Economy
Push to axe sneaky fee costing Aussies $4bn
A Sydney MP is pushing for an overhaul of 20-year-old regulations that cost Aussies billions of dollars every year.
‘Complete bust’: Chilling China news
China has resorted to some desperate moves in an attempt to save its tanking economy, which threatens to take down Australia with it.
Major bank’s huge move on cash
One of Australia’s major banks has cut against the grain in the age of digital wallets and will no longer offer a key service, claiming declining interest.
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Australia’s recession fears grow
A surge in mortgage repayments, a jump in the income tax take and still-high inflation dragged household spending to a halt in the September quarter.
Major twist as Evergrande faces collapse
The embattled property juggernaut has once again escaped a forced closure two years after becoming the most indebted company in the world.
Fresh blow in Aussie housing crisis
High interest rates, soaring material costs and an insolvency crisis in the building industry have delivered a fresh blow in Australia’s housing crisis.
RBA delivers early Christmas present
The RBA has made its final decision for the year, delivering a surprise move after last month’s rise which saw homeowners across the country lumped with mortgage pain.
‘Doesn’t stack up’: Call to axe $200bn project
Calls are growing to axe a transport megaproject that could be the biggest infrastructure scheme ever built in Australia.
Sign Australia is no longer the lucky country
Aussies feeling the heat of the cost of living crisis are sharing sad tips which show how bad things have got.
Expect Feb rate hike, economists warn
While household borrowers were spared at the central bank’s final meeting of the year, further rate pain could be right around the corner, economists warned.
1m Aussies to receive New Year cash boost
Aussies battling with the cost of living pressures might be eligible for more financial support in 2024. Here’s how.
Grim new sign of painful financial crisis
New research shows even Australia’s most well-off households are experiencing high levels of financial stress, with even more pain to come.
ASX rallies ahead of RBA decision
Ahead of the RBA’s final board meeting for 2023, the Australian share market reached a 10-week high on Monday as fears of further rate tightening continue to fade.
Original URL: https://www.adelaidenow.com.au/business/economy/page/198