‘Proof’ the RBA got it all wrong
Australia’s latest inflation figures show interest rate hikes have been largely ineffective in bringing down inflation.
Australia’s latest inflation figures show interest rate hikes have been largely ineffective in bringing down inflation.
The RBA has revealed big changes to its operations next year, as Australians wait nervously for next week’s decision on rates.
Despite interest rates continuing to rise, house prices are expected spike further in 2023 and 2024, according to the National Australia Bank.
Businesses continue to work out the balance between working from home and getting people back into the office.
Two of Australia’s biggest banks have slashed interest rates on a suite of home-loan products in what’s shaping up as the start of a lending war.
Westpac believes the Reserve Bank is gearing itself for an interest-rate cut on the same day the Federal Government will deliver its budget.
The Reserve Bank of Australia says further rate cuts are on the table, but there’s one direction the central bank is reluctant to go.
Savers already struggling with low deposit rates won’t like the latest move from one of Australia’s big four banks.
A subtle change in wording by the Reserve Bank could signal a rate cut is on the cards, one of Australia’s leading economists says.
Financially-distressed home buyers pressing pause on mortgages could be hit with higher interest fees from their banks if they seek further help.
Aussies appear to be approaching their finances differently during the coronavirus pandemic, and it’s hurting the banks’ bottom line.
Australia’s lending rate war is intensifying with a number of home loan providers offering rates at less than 2 per cent.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/194