Aussie bank’s big interest rate move
Another major financial institution has changed its rates ahead of the Reserve Bank of Australia’s decision on the official cash rate.
Another major financial institution has changed its rates ahead of the Reserve Bank of Australia’s decision on the official cash rate.
Malcolm Turnbull says Australia should not expect the US to not impose tariffs just because of the “special relationship” between the countries.
Australian homeowners could be the big winners if the Reserve Bank of Australia does what is expected later this month.
The money markets are rapidly backing the idea that the Reserve Bank will cut interest rates when they meet in a weeks’ time.
Some Australians are facing huge debts following a record credit card spend over the Christmas period.
A massive interest rates prediction has been revealed as a major RBA decision looms – but it’s not what millions of us want to hear.
While owning a home is getting harder in most parts of Australia, researchers have set out to find how young Aussies can climb onto the property ladder.
Australia’s biggest bank says there may be some brief relief for those priced out of owning a home, but there could be a brutal side effect to cutting rates.
Nearly $50bn was wiped off the Australian sharemarket on Monday as fears of a trade war led by US President Donald Trump tariffs ripped through the local market.
Mortgage holders need more than one rate cut to start feeling relief, with only about 53,000 Aussies likely to move away from “at risk” should the RBA cut rates in February.
Australia remains behind its ambitious target of 1.2 million new homes by 2029 despite a bounce in new housing approvals in December.
Aussies have returned to the stores on the back of cost-of-living relief, lifting consumer spending for the first time in nearly two years.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates