Major bank’s huge interest rate call
NAB says the worst of the economic cycle could be behind us, predicting a number of rate cuts in 2025 to help households and business alike.
Economy
Twist after woman earning $110k denied loan
An Aussie woman with a respectable job has sparked fury over claims she was knocked back by mortgage lenders for one controversial reason.
Fresh blow to Albo’s ambitious scheme
A dramatic fall in new building approvals just as the market looked to turn a corner has cast more doubt on Anthony Albanese’s housing target.
Eye-watering cost of Christmas revealed
A staggering number of Aussies will be paying off their credit card debts for at least six months after relying on their credit cards to get through the holiday season.
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Key thing cash-strapped Aussies ditching
As mounting cost of living pressures put more strain on budgets, cash-strapped Aussies are cutting back on little luxuries just to save a bit more.
Aussie dollar falls to Covid low
The Australian dollar has fallen to a near-five-year low that is the worst seen since Covid.
Tax warning on home prices ignored
The Federal Government chose not to act on recommendations to review negative gearing and capital gains tax more than 20 years ago, new documents have revealed.
Grim warning for Australia’s living standards
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.
Falling Aussie dollar could halt rate cut
A weakening Aussie dollar could see import prices rise, adding further pressure on the RBA to hold rates higher, experts have warned.
Why 2024 was shocker for Aussie brands
After a horror year for thousands of Aussie businesses, one major thing will determine whether they can bounce back over the next year.
Simple act to save $238 on your bills
Aussies are being urged to switch energy providers with their loyalty likely costing them hundreds per year.
Cash relief announced for bushfire victims
Governments and major banks have announced support payments for victims of the devastating Victorian fires.
Aussies hit by ‘artificially inflated’ fuel prices
Competition and the free market has not reduced petrol prices in Australia’s largest cities, the NRMA finds.
Building giant in voluntary administration
Another major Australian property developer has entered administration, citing difficult conditions in the country’s ailing construction sector.
Original URL: https://www.dailytelegraph.com.au/business/economy/page/3