Aussie shares jump on Fed cut fever
The local sharemarket lifted on Monday as buoyant investors cheered the prospect of a September rate cut in the world’s largest economy.
The local sharemarket lifted on Monday as buoyant investors cheered the prospect of a September rate cut in the world’s largest economy.
As the big four Australian banks continue making billion-dollar profits, more and more families are falling behind on their house payments.
Treasurer Jim Chalmers has called for support from the Coalition to create a separate Reserve Bank board that will solely be responsible for cash rate decisions.
The Australian sharemarket advanced for a 10th consecutive session on Thursday, marking the longest rally in stocks since 2015.
Making $100,000 a year used to be a kind of salary holy grail for a lot of Aussies, but the country’s cost-of-living crisis has changed that completely.
The Australian economy is growing at its slowest rate since a sharp recession in the early 1990s and it’s particularly bad news for white-collar workers.
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Three of the big four banks are “betting” on interest rates being slashed after making a big call, according to a finance expert.
Treasurer Jim Chalmers says the Albanese government and the Reserve Bank are aligned in the fight against inflation.
Finance Minister Katy Gallagher has acknowledged public spending was partly fuelling inflation, but is downplaying the federal government’s role.
With the rising cost of living stretching budgets further than ever, cost-conscious Aussies are cutting back. It’s left one key industry in a battle to survive.
In a fresh blow to Aussie homeowners, the Reserve Bank Governor has declared rate cuts are still too far away to think about.
Shocking claims about the controversial CFMEU have been made at a hearing into Australia’s cost-of-living crisis.
The latest employment figures beat expectations, with the Australian economy adding tens of thousands of new jobs.
Australia’s biggest bank has just delivered some heartening news for struggling mortgage holders.
A massive employment platform has just delivered some bleak news to Aussie job hunters.
Wages are exploding across Australia, but there’s a downside to the money bump.
Senior government minister Bill Shorten has sparked a fiery debate with the opposition after he claimed the Liberal Party wants to put Australia in a recession.
Bumper results from a bellwether retail giant injected renewed confidence into the Aussie sharemarket on Monday.
A man at the top of the Reserve Bank of Australia has warned Aussies against “false prophets” who claim to know what will happen in the future.
Not all Australians are feeling the same pressure from the rising cost of living, the RBA says, with one major state doing it tougher than others.
Not all Australians are feeling the same pressure from the rising cost of living, the RBA says, with one major state doing it tougher than others.
Mortgage holders have been given a reprieve after the Reserve Bank kept interest rates on hold at 4.35 per cent, but should not expect a cut anytime soon.
Mortgage holders have been given a reprieve after the Reserve Bank kept interest rates on hold at 4.35 per cent, but should not expect a cut anytime soon.
The Reserve Bank of Australia has revealed if homeowners will take another hit when it comes to their mortgage repayments.
With recent data showing prices continue to soar, economists are split on the next move for interest rates but it isn’t looking good.
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
Jim Chalmers has amped up his tax cut sell, revealing the group of Aussies expected to pocket an average of $3000 amid renewed concerns on the inflation fight.
For the average household things have scarcely been worse since records began in the 1970s, as the economy enters a dangerous and familiar phase.
While the central bank didn’t change rates at its latest meeting, it did flag an issue it fears could have a huge impact on Australians.
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
Hawkish remarks from the Reserve Bank haven’t rattled investors, with Wednesday recording a quiet day of trading following Tuesday’s strong advance.
Consumer and business confidence is in the “gutter” yet economists are warning interest rates still could be hiked again.
Snapping a two-day losing streak, the sharemarket rallied on Tuesday, propelled by financial and utilities stocks.
Recent spending in state and federal budgets could impact demand, putting more pressure on inflation, the Reserve Bank has warned.
Recent spending in state and federal budgets could impact demand, putting more pressure on inflation, the Reserve Bank has warned.
There’s no mortgage relief on the horizon and now borrowers have been hit with an even worse doomsday prediction.
One Aussie bank is slashing lenders’ mortgage insurance for borrowers in some of the country’s richest suburbs – and not everyone is happy about it.
One major Aussie bank has made a major call on when the next rate cut will kick in – and it’s not all good news.
From tax to minimum wage, the financial landscape for Australians will change dramatically from July 1. Here’s what’s coming.
Even as last week’s GDP figures revealed the economy barely grew through the start of 2024, Australia’s jobs market remains red hot.
Ahead of the US Fed’s meeting on rates, the Australian share market has recorded a loss for the second day in a row.
As a quarter of the world’s central banks begin to cut interest rates, when is the RBA likely to do the same here?
Freshly minted RBA deputy governor Andrew Hausen has said Australia’s central bank won’t be swayed by rate cuts in Europe and Canada.
Freshly minted RBA deputy governor Andrew Hausen has said Australia’s central bank won’t be swayed by rate cuts in Europe and Canada.
The total value of Australia’s residential dwelling stock has set a new record, climbing to $10.7 trillion in the March quarter.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/2