Chalmers hints at ‘mid-teens’ surplus
Treasurer Jim Chalmers says he is expecting Australia’s surplus to grow beyond the $9.3bn forecast in the budget, with the exact figures set to drop in September.
Interest Rates
Chalmers hints at ‘mid-teens’ surplus
Treasurer Jim Chalmers says he is expecting Australia’s surplus to grow beyond the $9.3bn forecast in the budget, with the exact figures set to drop in September.
Aussie shares hit record high on Fed fever
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Aussie shares soar on Wall St euphoria
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
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Proof Boomers have lost their power
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Last Big Bank smacks Aussie homeowners
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One group of Aussies to blame for cost crisis
One group of Aussies are “undermining” efforts to ease inflation and some of the nation’s most vulnerable are paying the price.
Mortgage pain worsens as banks hike rates
Almost all of the big four banks has announced it would lift interest rates once again in response to the RBA’s Melbourne Cup hike, increasing pressure on homeowners.
NAB lifts interest rates in RBA response
NAB has become the first big four bank to pass on the RBA’s November interest rate rise in full.
Borrowers risk further rates pain
A reprieve after the rate hike could be off the cards as Australia’s central bank battles to tame persistent inflation.
‘Madness’: Chilling fallout of latest RBA hike
With the RBA stinging mortgage holders again, there are widespread consequences for the economy.
Irony in senator’s ‘out of control’ dig
As Australians digest news that interest rates have increased again, barbs are being traded over inflation.
‘Mad stuff’: Finance guru slams Labor move
Australian businessman Mark Bouris has said he’s “never seen anything like this” as people try to get home loans amid a crisis he believes Labor is stoking.
Why petrol prices affect your mortgage
The Reserve Bank has slugged homeowners with another rate rise and a recent surge in petrol prices is partly to blame.
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