New RBA boss’ staggering property portfolio
Michele Bullock is not only the first female to fulfil the RBA governor role – she’s also coming into the job with a multimillion-dollar property portfolio.
Michele Bullock is not only the first female to fulfil the RBA governor role – she’s also coming into the job with a multimillion-dollar property portfolio.
In 2021, Phil Lowe made a promise to Australians. Four key words haunted him until his reign as RBA governor ended on Friday.
Grim new research has revealed how many hours the average Australian now has to work to cover major bills like mortgage repayments and power.
The Prime Minister was speaking in Perth after returning from a trip to Europe where he met NATO world leaders.
The coronavirus is hammering global markets – and now analysts say the RBA could slash the cash rate to a new record low within hours.
Australia’s official interest rate remains at the historic low of 0.75 per cent – but experts claim it’s only a matter of time before it is slashed.
The Reserve Bank of Australia has held the official interest rate at 0.75 per cent – but punters expect it to be slashed again within months.
The RBA says there is room for two more interest rate cuts to 0.25 per cent before drastic action is needed to save the economy.
It’s just 14 words in the RBA’s 80-page quarterly report – but it represents really good news for homeowners and bad news for everyone else.
The Reserve Bank of Australia has left the official interest rate at 0.75 per cent – but experts agree the next cut is only months away.
It’s about to get a whole lot more expensive to live in Australia thanks to the “skyrocketing” costs of these essentials.
It was an ever so slight move in the latest data, but it appears likely to have a major impact on the chance of another rate cut.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/197