Sorry stat that’s not helping rate rises
As the Reserve Bank mulls a 14th rate hike, freshly minted governor Michele Bullock has warned current levels of wages growth are unsustainable.
As the Reserve Bank mulls a 14th rate hike, freshly minted governor Michele Bullock has warned current levels of wages growth are unsustainable.
The risk of more rate hikes in the months ahead would have increased had the RBA opted against increasing rates on November 7, fresh meeting minutes have revealed.
While the majority of Australians are cutting back amid skyrocketing costs, one group is spending big.
One of the nation’s leading economists has sent a strong message to the government urging them to delay major tax cuts, saying they’ll delay cuts to interest rates.
Countless Australians could soon be in for a massive mortgage shock – and one wrong move could end up costing them dearly.
The Australian sharemarket started the week lower as traders steeled themselves for another interest rate hike.
Many Australians with little wriggle room in their household budgets are worried they will soon be unable to afford basic costs.
Australian families are being stretched to the limit as cost of living pressures skyrocket – but according to one bank boss, it’s no big deal.
The Australian sharemarket is set for a softer start on Monday as investors brace for another rate hike.
Rising interest rates in two similar countries to Australia have seen their house prices drop by worrying amounts.
One major bank has warned of a “risk” when it comes to interest rates rises, which could send house prices plummeting and have a “ripple effect” through the economy.
Aussie homeowners have been warned to brace for more interest rate pain, with economists at one major bank making a big prediction.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/168