Mining sell-off pulls down Aussie shares
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
Interest Rates
Grim warning as tax cuts hit wallets
Aussies will be richer with the arrival of Stage 3 tax cuts, but experts are warning the boost could trigger higher inflation and send mortgage payments soaring.
Aussie businesses wobbling on flat turnover
It’s been a difficult few months for business in Australia and there’s no end in sight, with turnover down for the month of May.
Promising sign for battling renters emerges
It’s been a dark few years for Aussie renters, but experts say vacancy rates across the market are easing slightly.
More Stories
Grim sign rates will increase next month
Fresh data will have homeowners bracing themselves ahead of the Reserve Bank’s interest rate meeting next month.
RBA boss’ chilling warning on economy
Outgoing RBA governor Phil Lowe has spelled out the potential catastrophe Australians face if the central bank gets its interest rate calls wrong.
Lowe’s final plea after dumped from job
Ousted Reserve Bank governor Phil Lowe has made one last request as he represents Australia on the world stage for a final time.
Chalmers takes economic plan to India
The federal Treasurer denies the trip will be awkward as he heads to India with outgoing RBA governor Philip Lowe.
Chalmers denies ‘awkward’ RBA boss tension
Treasurer Jim Chalmers has shrugged off suggestions there was “awkward” tension between himself and outgoing RBA governor Philip Lowe – ahead of the pair flying to India to meet with G20 leaders.
Wild new prediction about interest rates
Veteran finance pundit Alan Kohler has made a bold claim for the next two years in Australia after the government announced a successor to Philip Lowe.
Markets respond to new RBA boss
An encouraging sign has emerged after the Prime Minister announced that Phil Lowe would be replaced as Reserve Bank governor.
New RBA boss’ staggering property portfolio
Michele Bullock is not only the first female to fulfil the RBA governor role – she’s also coming into the job with a multimillion-dollar property portfolio.
Four words that haunted Phil Lowe
In 2021, Phil Lowe made a promise to Australians. Four key words haunted him until his reign as RBA governor ended on Friday.
Shock figure shows rate hike nightmare
Grim new research has revealed how many hours the average Australian now has to work to cover major bills like mortgage repayments and power.
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