‘Stunning reversal’ needed to stop rate hike
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
Interest Rates
‘Stunning reversal’ needed to stop rate hike
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
Aussie shares leap higher in rebound rally
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
ASX slumps on iron ore, energy woes
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
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ASX closes up, but down for the week
Financials and basic materials had the biggest gains in Friday’s trade, while energy, real estate, and utilities lead the losses.
Premier’s big cost-of-living relief promise
One state’s premier has pledged to back small business with cost-of-living relief to help them stare down interest-rates and inflation pressures.
Reason behind ASX plunge
After Wall St sank lower overnight, the Aussie sharemarket wiped off 0.8 per cent of its value with the big four banks all finishing lower.
ASX plunges to six-month record low
The Aussie share market plunged on Tuesday to its lowest level in six months following a rout in US Treasuries overnight.
Kochie’s big rates call: ‘As bad as it will be’
Borrowers have been offered some brief reprieve with the RBA’s latest decision, but it’s come with a warning.
‘Mortgage cyclone’ coming for millions of us
Australians are paying an enormous chunk of their income in mortgage and it’s about to get a whole lot worse for millions.
Bullock’s RBA set to leave rates steady
Millions of homeowners are expected to be spared another punishing rate hike, but the RBA is set to issue a warning that further increases are yet to come.
Ex-RBA expert’s horror call on rates for 2025
There’s been a dire prediction about interest rates that no Aussie wants to hear, ahead of the RBA’s monthly rate decision today.
Why rate cut 2024 dream could be over
Amid warnings from economists, the Reserve Bank will weigh up whether a further rate hike is needed to tame inflationary pressures when it meets on Tuesday.
Bad sign for Aussie mortgage payers
It’s the last thing Aussie mortgage payers need as another interest rate rise looms amid a volatile global economy.
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