Huge risk in Chalmers’ cash splash
Amid concerns that the Albanese government’s third budget will be inflationary, Treasurer Jim Chalmers will pour billions more into the economy.
Amid concerns that the Albanese government’s third budget will be inflationary, Treasurer Jim Chalmers will pour billions more into the economy.
Federal Treasurer Jim Chalmers has handed down his third budget, sneaking in a warning for the years to come among a widespread cash splash.
Australian shares dipped lower on Tuesday as investors continue to tread cautiously before a flood of data comes this week.
Despite forecasting a second consecutive surplus, Tuesday’s budget will show the nation’s finances falling further into the red from next financial year.
THE RBA has left the cash rate on hold at its historic low of 2.0 per cent, although economists have flagged a further cut could be on the cards for August.
JOHN Symond, who brought competition to the banking sector and cheaper mortgages for all, has his view on the future direction of interest rates.
THE banks are finally doing something that will favour first home buyers over investors — and it could mean a cheaper home loan for you.
HOME loan borrowers can relax for the first time since the global financial crisis with the latest forecast by economists to put a smile on your dial.
JOE Hockey says now is the time to borrow, borrow, borrow. But with concerns of a property bubble, investors are hearing mixed messages.
SOME of Australia’s biggest banks are under attack for failing to pass on in full to home loan customers the Reserve Bank’s interest rate cut.
THE Reserve Bank has cut the official interest rate to a historic low of 2.0 per cent in a move likely to throw further fuel on the housing market.
HOMEOWNERS will have about $47 more in their pockets a month thanks to today’s interest rate cut — but the Commonwealth Bank kept some of the cut for itself.
IT’S a common pitfall for home loan customers — and one that is costing them thousands of dollars over the lifespan of their mortgage.
A FALLING unemployment rate may seem to be reason for widespread celebration — but economists warn it makes an expected interest rate cut less likely.
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