RBA boss sounds alarm on China
Outgoing RBA governor Philip Lowe has cautioned that China’s deteriorating economic outlook is one of three “significant uncertainties” facing the local economy.
Outgoing RBA governor Philip Lowe has cautioned that China’s deteriorating economic outlook is one of three “significant uncertainties” facing the local economy.
The RBA has kept interest rates on hold at 4.1% today but a major bank is forecasting more pain to come.
Outgoing RBA boss Philip Lowe has spared Aussies further financial pain as he heads for the door in less than a fortnight.
Fresh data on household spending and anaemic household spending all but confirm rates reprieve when the Reserve Bank meets on Tuesday.
Australia could follow countries in Europe and elsewhere to introduce negative interest rates. And home loans will be affected.
The usually buoyant Aussie property market is facing its biggest test yet. Can the house price boom survive another lockdown?
As more of the country gets locked down there’s an economic consequence that will bizarrely see house prices rocket further.
Australia’s historic low official cash rate has been kept on hold, with the RBA maintaining the conditions for lifting it won’t be met for a while.
New Zealand has done something which will have a profound impact on its economy. Now Aussie mortgage payers wait for their moment of truth.
There are more than 3400 suburbs across Australia where you fork out more for rent than a mortgage, with a difference of up to $158 a week.
Our economy hinges on interest rates not rising for 18 months but there’s increasing worry no one has a clue what will actually happen.
Australia’s official interest rates have been kept at a historic low after the Reserve Bank’s monthly meeting.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/184