Figures hide Aussie families’ pain
Australians are still feeling the pinch of cost-of-living rises even though the rate of inflation is slowing.
Australians are still feeling the pinch of cost-of-living rises even though the rate of inflation is slowing.
Applications are now open for young Aussies to get a tax-free $1321 cash boost, but there’s a catch.
One of Australia’s top finance experts says mortgage holders and businesses are being pushed to the brink – and something’s got to give.
Australian households are within reach of desperately needed mortgage relief as lower inflation figures raise the prospects of an interest rate cut in February.
The ASX has tumbled to a new low after markets continued to sell off, with investors factoring in a less-than-favourable decision in the US.
The budget’s bottom line is forecast to blow out by more than $20bn, funded largely by bracket creep in the coming years, economist warn.
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.
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.
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.
The tide is turning against the RBA, with experts from Australia’s biggest bank claiming the Board’s major interest rates excuse is “overdone”.
The Reserve Bank has made a major call on the potential impact of Donald Trump’s second presidency on the Australian economy.
One of Australia’s top finance experts has issued a grim warning about the economy – and shared a telling clue about what’s to come.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/12