Mining state sinks into budget black hole
Millions of Aussies are confronting a stark budget black hole, with an economic update exposing a serious $217bn breakdown in one state’s finances.
Millions of Aussies are confronting a stark budget black hole, with an economic update exposing a serious $217bn breakdown in one state’s finances.
Australia’s weak dollar could see inflation tick up slightly, but it is unlikely to move the RBA on its next rate cut decision, a leading economist says.
A major bank has reduced its fixed-rate mortgages just weeks out from the Reserve Bank’s official rate-cut decision.
The Australian economy is expected to experience brighter days ahead off the back of expected interest rate cuts, but there is a massive catch for workers.
Aussie mortgage holders are in theory the most exposed to interest rates rises in the world, yet there is little evidence of a mortgage cliff, the RBA said.
We were all but promised a rate cut in 2024, but now, that’s looking like a pipe dream. And Donald Trump could be partly to blame.
British economist Andrew Hauser has been brought in to change the RBA’s culture. Here he reveals how he plans to do it – and that he was once knocked out by a boomerang. See the video.
One of Australia’s big four banks has made a bold prediction about the future of interest rates, and it’s even worse than expected.
A report into the cost-of-living crisis facing households says they are worse off now than two years ago, with pleas for Anthony Albanese to call an urgent meeting.
One of Australia’s biggest financial institutions has reduced home loan interest rates, but there’s just one catch for potential customers.
Surging house prices in every Australian capital city show it’s the worst time in history to be trying to buy a home.
Surging house prices in every Australian capital city show it’s the worst time in history to be trying to buy a home.
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