Ousted RBA boss’ rent freeze warning
The nation’s top central banker has rejected a Greens’ proposal to cap rent increases ahead of a crucial national cabinet meeting next week.
Interest Rates
How much you’ll pay for a new home loan
Two of Australia’s biggest lenders have revealed their new fixed-rate home loans. Here’s how much you’ll have to pay.
RBA boss departs with grim rates warning
Outgoing RBA governor Philip Lowe has warned another rate rise can’t be ruled out this year because it is “too early to declare victory” on inflation.
‘Big Australia’ push in housing crisis blasted
A leading business group has been criticised for justifying a higher migration intake as Australia faces its worst housing crisis in decades.
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Interest rates remain on hold
The Reserve Bank has kept interest rates on hold but flagged the economy is recovering at above expected levels.
Westpac slashes business loan rates
One of the country’s largest banks has slashed lending rates on business loan schemes implemented at the start of the coronavirus pandemic.
The bad side to property boom
Australia’s property market is officially booming, with prices now rising at the fastest rate in 17 years. But it could cause some big problems.
‘Shop around’: Advice to savers after latest cuts
The country’s largest bank has dealt another blow to savers by again slashing rates on deposit accounts.
Biggest risks to the Aussie economy
Australia’s recovery from the COVID-19 pandemic is well under way, but there are two factors that could bring the economy unstuck.
CommBank reveals half-yearly results
The country’s largest bank has revealed the pandemic has dented its financial performance in the past six months.
‘Rock bottom’: Savage blow to savers
The Commonwealth Bank has dealt savers another blow by cutting rates on deposit accounts at twice the level prescribed by the RBA.
Aussies’ $200m Christmas hangover
Latest figures from the Reserve Bank show an alarming rise in the level of credit card debt held by Australians over the Christmas period.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/189