‘Cruel’ blow dealt to Aussie mortgagees
Aussie mortgage holders have been dealt a “cruel” blow after the RBA held the official cash rate – and they will need to wait longer to see the fruits of earlier rate cuts come into effect.
Breaking News
‘Class’ moment Robert Irwin settles tab
Days after an accidental dine and dash saga revealed on his Instagram, Robert Irwin has made good on his promise to settle his restaurant tab.
Miners soar, ASX falls on Trump move
A surge in mining stocks was not enough to drag the ASX 200 higher as every other sector slumped on the latest move by US President Donald Trump.
Telstra to slash 550 jobs, ‘reset’ business
Australia’s largest telco is planning to shed hundreds of more jobs, although it denies these roles are being replaced by AI.
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One thing stopping Aussies getting rate relief
One of Australia’s big four banks is cautioning mortgage holders rates might stay on hold in July, despite a weaker-than-expected inflation read.
Australians’ insane net worth revealed
Australians have added more than $125bn to their household wealth in just the first quarter of 2025 thanks to one thing.
Major Aussie bank soars as ASX trades flat
Banks have soared and the miners have fallen on a mixed day of trading on the Aussie sharemarket, as the market anticipates a third interest rate cut.
Major tax change impacting millions
Millions of Australians are being urged to check their tax status ahead of a law aimed at recouping $45bn coming into effect in just a few days.
Major bank’s rate cut call after inflation dip
In welcome news for mortgage holders, a major bank has declared a July rate cut is a done deal on the back of weaker than expected inflation figures.
Boost for mortgage holders as inflation rate dips
In welcome news for mortgage holders, a major bank has declared a July rate cut is a done deal on the back of weaker than expected inflation figures.
ASX200: Oil nosedives on ceasefire promise
The Australian sharemarket has finished in positive territory despite volatile tensions in the Middle East.
ASX falls to three-week low on Iran fears
Australia’s sharemarket slid during Monday on fears the Middle East conflict could escalate but the falls were limited thanks to one banking juggernaut.
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