12 months of hell coming for Aussies
Economists predict Australians will cop it in the coming months whether the RBA increases rates or not on Tuesday.
Interest Rates
Big four bank hikes rates twice in eight days
For the second week in a row, one major bank has announced it will hike interest rates for some unlucky customers.
‘Disastrous’: Panic as ‘repayments double’
A financial nightmare is now unfolding – and money expert Mark Bouris says it will be “disastrous for hundreds of thousands of families”.
ASX jumps to 100-day high
The Australian share market has jumped to a five-month high, thanks to new official figures showing inflation is receding.
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Australia’s lowest-ever home loan rate
On the eve of the RBA’s interest rate, a mortgage lender has jumped the gun and is advertising the lowest home loan rate on record.
Smart move Aussies made during COVID
Aussies have done something hugely beneficial for their hip pockets during the coronavirus lockdown, saving themselves thousands.
RBA: We believe recession is over
The Reserve Bank of Australia says its “best guess” is Australia’s economy grew in the September quarter, spelling an end to the recession.
Reserve Bank hints at interest rate cut
A further cut to Australia’s record low interest rate could be on the cards, with the Reserve Bank governor dropping a hint in a speech.
Major bank inflicts pain on savers
A big four bank has slashed the savings rate on two main deposit accounts in the midst of the COVID-19 recession.
Aussies rush for new home loans
Australians are rushing to commit to new home loans while interest rates remain at historically low levels, latest figures show.
Interest rates remain at historic low
The Reserve Bank has held tight to the current low cash rate, but economists predict there could be a cut before the end of 2020.
RBA maintains historic low interest rate
The RBA has kept the official cash rate steady at an unprecedented low rate, leaving it with ammunition if the economic slump worsens.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/193