‘Pretty hard’: Grim forecast for economy
Fears Australia is tracking for a recession have been shot down despite an acknowledgment the next 18 months are going to be “pretty hard”.
Fears Australia is tracking for a recession have been shot down despite an acknowledgment the next 18 months are going to be “pretty hard”.
It feels like Groundhog Day for Aussies as the RBA twists the knife further — but the truth is Phil Lowe is caught between a rock and a hard place.
Australians are being warned not to be sucked into psychological stress amid the cost of living crisis that could end up in them losing money.
One of the big four banks has been quick to pass on the latest rise after the Reserve Bank handed down its interest rate decision.
Interest rate cuts were generally seen as a good thing by many Aussies. But this one is different and there’s a worrying reason.
The Reserve Bank has cut the official cash rate for the first time in almost three years. This is what the record low means for you.
The RBA is expected to announce a record rate cut. But experts argue it could leave the Aussie economy dangerously exposed.
A huge number of Australians are at risk of collapsing under the weight of their mortgages, and now the spots most at risk have been pinpointed.
It’s all but guaranteed the Reserve Bank will cut the cash rate for the first time in nearly three years on Tuesday — but how low will it go?
The RBA has shrugged off shock inflation figures to keep the official cash rate on hold, avoiding a historic pre-election intervention.
The RBA could cut the official cash rate to a new record low of 1.25 per cent today — and the decision is looking like a coin toss.
A big decision will be announced tomorrow, and it’s one that could have a major bearing on what happens in the federal election.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/200