RBA keeps door open to another rate hike
Admitting that the risks around an inflation rebound had increased, the RBA board was unwilling to rule out an additional rate hike.
Admitting that the risks around an inflation rebound had increased, the RBA board was unwilling to rule out an additional rate hike.
The Coalition will ban foreign investors and drastically reduce migration numbers in a pre-election pitch that has accused Labor of being “disconnected” to everyday Australia.
The rise of Australians with their own home office has contributed to Australia’s rental property shortage, a senior RBA official has warned.
Stoking the case for rate cuts this year, the unemployment rate moved sharply higher in April.
With energy prices forecast to soar again, homeowners and renters have revealed their tricks to cut their bills by hundreds of dollars.
The number of households spending more than a third of their income on mortgage debt has skyrocketed since the start of interest rate rises.
All four of the big banks have now announced an increase in interest rates for mortgage holders.
Another big four bank has reacted to the latest RBA decision, as Aussies face the heaviest mortgage repayment burden in history.
Energy prices are expected to climb again next month and she hopes this new move will help to keep their costs lower than ever before.
Another major lender has announced that it will follow the Reserve Bank’s decision to increase interest rates on its home loans.
The RBA spent nearly $25,000 of taxpayers’ money on an exclusive dinner for Perth’s business elite hours after raising the cash rate.
RBA boss Philip Lowe refused to comment after he was awkwardly welcomed to a finance summit only a day after he served a blow to mortgage holders.
A day after interest rates were increased for the 12th time, the Reserve Bank boss has said Aussies should work more and spend less.
Homeowners will soon be forking out record-high amounts on their mortgages as the Reserve Bank warns there could still be more rate hikes to come.
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