Grim news coming for interest rates
Debate is swirling that the budget is “smoke and mirrors” and a cash splash risks interest rates being hiked or staying higher for longer.
Interest Rates
Hidden good news in wages growth slip
Workers, already under pressure from inflation, saw their wages slide last quarter but there is some good news for homeowners.
Chalmers digs in despite warning bells
Despite a chorus of economists sharing concerns with the budget, the Treasurer is adamant his plan won’t make the cost of living crisis worse.
ASX lifts on post-budget mining bounce
Aussie stocks lifted on Wednesday on the back of a mining rally fuelled by bourse heavyweight BHP.
More Stories
Joe says borrow, but should you?
JOE Hockey says now is the time to borrow, borrow, borrow. But with concerns of a property bubble, investors are hearing mixed messages.
Banks reserved over rate cut handout
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.
RBA cuts cash rate to historic low
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.
Greedy CBA only passes on partial cut
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.
Mortgage mistake costing you thousands
IT’S a common pitfall for home loan customers — and one that is costing them thousands of dollars over the lifespan of their mortgage.
Rate cut in doubt after jobless fall
A FALLING unemployment rate may seem to be reason for widespread celebration — but economists warn it makes an expected interest rate cut less likely.
Jobless rate unexpectedly plummets
THE chance of a Reserve Bank interest rate cut in May has been thrown into doubt after Australia’s jobless rate unexpectedly plummeted to 6.1 per cent.
ASIC to investigate Aussie dollar spike
THE Reserve Bank has kept the official cash rate on hold — but a spike in the Aussie dollar shortly before the decision was announced has prompted an ASIC investigation.
Will we get another rate cut today?
AT 2:30 this afternoon, Australians will be tuned in to the one piece of news that will affect everyone. So what should you expect?
Warning: Tough times for Aussie home buyers
AUSTRALIA’S housing market is not immune from trouble — and things are about to get worse, a financial expert has warned.
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