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.
Interest Rates
Group getting $3k tax cut revealed
Jim Chalmers has amped up his tax cut sell, revealing the group of Aussies expected to pocket an average of $3000 amid renewed concerns on the inflation fight.
‘Burnout’: Graph reveals worrying sign
For the average household things have scarcely been worse since records began in the 1970s, as the economy enters a dangerous and familiar phase.
RBA’s grim warning for Australians
While the central bank didn’t change rates at its latest meeting, it did flag an issue it fears could have a huge impact on Australians.
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First big bank passes on RBA rate hike
One of the big four banks has been quick to pass on the latest rise after the Reserve Bank handed down its interest rate decision.
Sign RBA boss should be worried
A coy statement could have the Reserve Bank boss sweating about his future after he handed down the 12th interest rate hike in 13 months.
RBA hikes interest rates for 12th time
The RBA has delivered a hammer blow to borrowers across the country as Australia’s inflation woes show no signs of abating.
Sign cost of living crisis hitting Aussies hard
As the Reserve Bank decides whether to hike rates up or hit the pause button again, new figures have revealed how the cost of living crisis is hitting Aussies.
Major bank drops dire new rates hint
Resilience in the economy has caught the attention of economists, with a major bank making a slight amendment in their interest rate projections.
Why bombshell pay rise could backfire
Australians are bracing for the looming RBA decision on interest rates, but a major development on Friday has all but sealed their fate.
Major bank’s awful prediction for Australia
In response to the nation’s escalating inflation, one of the Big Four has revised its previous forecast, and it means more pain.
‘Triple whammy’: Fresh blow for homebuyers
New analysis has revealed it has just become even harder for a cohort of Aussies to apply for a home loan.
Major bank’s surprise home loan move
With yet more interest rate rises expected from the Reserve Bank, one of the country’s largest lenders has announced it will buck a “big four” trend.
Finance guru’s grim recession prediction
Businessman Mark Bouris says there is a “big chance” Australia will slip into a recession, possibly by the end of this month, as cost of living pressures continue to grow.
Original URL: https://www.goldcoastbulletin.com.au/business/economy/interest-rates/page/92