Growth in Aussie economy tipped to be weak
The Australian economy is expected to show anaemic growth when GDP figures are released on Wednesday, in line with Treasurer Jim Chalmers’ warning.
Interest Rates
‘Tell it like it is’: Chalmers dismisses RBA dig
Treasurer Jim Chalmers dismissed claims he was snubbing the RBA after he said cash rate hikes were “smashing the economy”.
‘Flatlining’: Grim news for Aussie retailers
Retailers are worried they face a tough Christmas trading period, as Australians continue to resist spending up during a cost-of-living crisis.
Major bank’s huge move on rates
One major bank has made a huge move on its fixed rates for home loan customers after the inflation rate eased slightly.
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ASX falls on Woolies, mining slump
The benchmark ASX 200 fell 0.74 per cent midweek, with a slump in mining stocks and ‘mixed results’ from supermarket giant Woolworths.
Grim warning for Aussie pay packets
Annual wages growth has hit nearly 15-year highs, but the good news comes with a warning from one economist.
Grim warning on new rate hikes
More rate hikes are still on the cards after the Reserve Bank revealed it considered whether to raise interest rates when it met earlier this month.
Big reason interest rates will be cut ‘soon’
Rate cuts aren’t forecast until December 2024 but this prediction doesn’t tell the full story of what’s happening in Australia.
Big bank’s huge call on interest rates
Australia’s biggest bank has raised mortgage holders’ hopes by predicting interest cuts will start rolling earlier than expected, with at least three reductions before Christmas.
Big bank’s huge call on interest rates
Australia’s biggest bank has raised mortgage holders’ hopes by predicting interest cuts will start rolling earlier than expected, with at least three reductions before Christmas.
‘2025’: CommBank’s dire new rates prediction
The Reserve Bank may not cut rates until next year, the CEO of Commonwealth Bank has warned in a break with his own economists.
ASX marred by cost of living pressures
Major banks are also being impacted by the cost of living pressures and the results are playing havoc with the Aussie sharemarket.
ASX marred by cost of living pressures
Major banks are also being impacted by the cost of living pressures and the results are playing havoc with the Aussie sharemarket.
‘Life-changing’: Major sign for Aus economy
Treasury officials have signalled falling inflation and low unemployment rates as a positive sign for the nation’s future.
Original URL: https://www.goldcoastbulletin.com.au/business/economy/interest-rates/page/51