‘Survive’: Aussie chocolatier’s big battle
A beloved boutique chocolate retailer is battling through a whopping rise in global cocoa prices, but Australia’s sweet tooth is helping out.
Interest Rates
‘Dirty secret’: Big bank’s call on rate hold
Struggling mortgage holders could be waiting an additional five weeks for a rate cut just so the RBA can prove its independence, a former employee says.
Bank launches ‘no catch’ savings account
An Australian bank is going “old school” and looking to offer customers a banking product that it said had disappeared.
Australian dollar in freefall over shock data
The Aussie dollar has plunged after shock new data revealed an unexpected jump in the nation’s unemployment rate.
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Rate decision ‘not result wanted’: Chalmers
Jim Chalmers said the shock decision by the Reserve Bank to hold the cash rate at 3.85 per cent was “not the result millions of Australians were hoping for”.
ASX slips as cautious investors take profits
Australia’s sharemarket slumped during trading on Monday as investors await two key pieces of economic news, including the RBA’s rate decision.
US dollar collapse sparks rate cut hopes
Australian mortgage holders could be the surprising beneficiaries of the US President Donald Trump’s big beautiful bill being the latest storm front to hit the RBA.
Major bank calls out RBA over rate cut
One of Australia’s big four banks has fired off a simple question to the RBA ahead of its next board meeting, pushing them to deliver a cut for homeowners.
Aussie sharemarket closes at record levels
A jump in Chinese manufacturing and anticipation of a rate cut led to the Australian sharemarket closed at an all-time record.
Rate call that major banks agree on
Struggling mortgage holders are tipped to get much-needed rate relief next week, with all four banks now on the same page.
Major bank slashes rates ahead of RBA call
In good news for borrowers, a big-four bank has slashed its fixed interest rates ahead of the July RBA board meeting.
Major banks tumble as sharemarket seesaws
One major Aussie bank has endured its worst day on the sharemarket in nine weeks after investors sold down major banks and moved into the mining sector.
One thing stopping Aussies getting rate relief
One of Australia’s big four banks is cautioning mortgage holders rates might stay on hold in July, despite a weaker-than-expected inflation read.
Boost for mortgage holders as inflation rate dips
In welcome news for mortgage holders, a major bank has declared a July rate cut is a done deal on the back of weaker than expected inflation figures.
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