ASX dips in quiet trading after hawkish RBA
Hawkish remarks from the Reserve Bank haven’t rattled investors, with Wednesday recording a quiet day of trading following Tuesday’s strong advance.
Interest Rates
Worst possible news for Aussie homeowners
Consumer and business confidence is in the “gutter” yet economists are warning interest rates still could be hiked again.
ASX climbs as RBA maintains rate hold
Snapping a two-day losing streak, the sharemarket rallied on Tuesday, propelled by financial and utilities stocks.
‘Need a lot to go our way’: RBA rate warning
Recent spending in state and federal budgets could impact demand, putting more pressure on inflation, the Reserve Bank has warned.
More Stories
Collapse shows Aussie households hurting
Household spending growth has collapsed in the last 12 months as persistent price pressures and an aggressive round of rate rises forces families to tighten their belts.
Big bank’s surprise move for homeowners
One of Australia’s biggest banks has announced a shock move for its interest rates.
Where house prices are climbing $3k a week
The combined value of Australia’s housing stock has soared, with the average house price in one state rising by a whopping $3200 every week.
What cost Philip Lowe his job
Philip Lowe will depart the Reserve Bank this week after a controversial tenure. But what does he plan to do next?
‘Alarming trend’ in Aussie mortgages
An “alarming trend” in Australian mortgages could signal a new era of difficulty for a certain section of Aussie mortgage holders.
‘Did not make these’: Lowe’s parting shot
Reflecting on his seven-year term leading the nation’s top bank, outgoing RBA boss Phil Lowe has defended his legacy and issued a new warning.
Sign Aussie economy on the edge
Fresh data shows the Australian economy is slowing under the weight of high interest rates, with population growth staving off a recession.
RBA boss sounds alarm on China
Outgoing RBA governor Philip Lowe has cautioned that China’s deteriorating economic outlook is one of three “significant uncertainties” facing the local economy.
Major warning in new rates decision
The RBA has kept interest rates on hold at 4.1% today but a major bank is forecasting more pain to come.
Lowe’s parting gift to Aussie homeowners
Outgoing RBA boss Philip Lowe has spared Aussies further financial pain as he heads for the door in less than a fortnight.
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