ASX retreats after record high
A day after setting a new 52-week high, the Aussie sharemarket retreated at the closing bell on Thursday.
A day after setting a new 52-week high, the Aussie sharemarket retreated at the closing bell on Thursday.
Analysts have largely agreed on how Thursday’s job data release will affect the Reserve Bank’s cash rate decision in two weeks time.
Analysts have largely agreed on how Thursday’s job data release will affect the Reserve Bank’s cash rate decision in two weeks time.
Banks are expecting more mortgage holders to go into arrears as households struggle with elevated interest rates and inflation.
Inflation is increasingly being driven by domestic factors, not those from overseas, RBA governor Michele Bullock says.
An advance in large cap stocks made up for losses in real estate and tech stocks, with the benchmark unchanged on Wednesday.
Spending patterns reveal a stark divide between generations as cash-strapped Gen Z and Millennials cut back on essentials while Boomers splurge.
Despite a fresh warning the RBA is still prepared to hike interest rates, markets were buoyed from a rally by iron ore miners.
As the Reserve Bank mulls a 14th rate hike, freshly minted governor Michele Bullock has warned current levels of wages growth are unsustainable.
The risk of more rate hikes in the months ahead would have increased had the RBA opted against increasing rates on November 7, fresh meeting minutes have revealed.
While the majority of Australians are cutting back amid skyrocketing costs, one group is spending big.
One of the nation’s leading economists has sent a strong message to the government urging them to delay major tax cuts, saying they’ll delay cuts to interest rates.
A shocking rental lists a dank garage for $1000 a month in a grim reveal of the country’s rental crisis, with many asking how it is legal.
It’s not only renters that are being pummelled by rising rents – and what lies ahead for all of Australia is incredibly concerning.
Original URL: https://www.goldcoastbulletin.com.au/business/economy/interest-rates/page/63