‘Done all we can:’ Albo’s big call on rates
The Prime Minister says his government has “done all it can” to tame inflation to allow the RBA to cut rates and deliver households much needed relief.
The Prime Minister says his government has “done all it can” to tame inflation to allow the RBA to cut rates and deliver households much needed relief.
The Prime Minister says his government has “done all it can” to tame inflation to allow the RBA to cut rates and deliver households much needed relief.
Two mining powerhouses are officially Australia’s best performing state economies, with one topping the list for the second time since 2014.
A huge number of Aussie households have said they are desperately needing a rate cut when the Reserve Bank next meets.
Aussies are making the difficult choice of leaving, as high house prices see them look for cheaper alternatives overseas.
Aussies are getting poorer and it seems unlikely to change in the near future – but it may not be all bad news, according to industry figures.
A weakening Aussie dollar could see import prices rise, adding further pressure on the RBA to hold rates higher, experts have warned.
Experts have offered their outlooks for the economy in 2025, and while there’s some good news, there will be continued pain to come for many.
The International Monetary Fund has poured cold water on a key housing policy which would make it easier for first-home buyers to get a loan.
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
A new outlook has forecast the Australian economy is on a “narrow path to a soft landing” and is tipped to improve next year – but there’s a major catch.
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Original URL: https://www.couriermail.com.au/business/economy/interest-rates/page/7