RBA boss reveals what will spark rate hike
RBA governor Michele Bullock said the bank was watching one key figure in deciding if interest rates would increase again.
Economy
Stocks plunge after India’s election shock
Stocks in India have seen their biggest drop in four years as the market reels from an unexpected election result for PM Narendra Modi.
Aussie economy a ‘heartbeat’ from recession
With households paring back spending, analysts expect Wednesday’s GDP figures will show Australia’s economy slowing to a crawl and being a “heartbeat” away from a recession.
Major boost for first homebuyers revealed
One state will completely abolish stamp duty for first homebuyers purchasing or building a new home, in a bid to help more struggling Aussies into home ownership.
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Warning Australia too reliant on US, UK
Australian defence firms have become increasingly frustrated with what they say is a lack of new contracts and preference for foreign companies.
Why interest rates could keep rising
A December rate rise appears unlikely after a welcome inflation surprise, but don’t be certain that the RBA is finished just yet.
ASX rallies to close up
A rally in tech and industrials saw the benchmark finish in the green on Thursday as Origin Energy’s board rejected a proposed takeover bid.
Sign borrowers won’t be spared rate rise
Despite latest figures showing a fall in inflation, borrowers are being told not to get “too carried away” about the effect it will have on rates.
Inflation shock a mixed bag for homeowners
Cash-strapped homeowners have been warned to not “let their hair down” yet, despite inflation falling faster than expected.
ASX climbs on soft CPI data
After fresh inflation data showed price pressures cooling faster than expected, the share market finished in the green on Thursday.
Dutton silenced during fiery spray
In a raucous question time session, the Opposition Leader has been cut short after he interrupted Prime Minister Anthony Albanese.
Sign borrowers will be spared rate rise
In welcome news for borrowers, price pressures eased in October ahead of the Reserve Bank’s final rates call for 2023.
Original URL: https://www.couriermail.com.au/business/economy/page/197