ANZ makes horror 2025 rates prediction
A major Australian bank has issued a grim warning on where rates are heading, with the next cut not predicted until 2025.
A major Australian bank has issued a grim warning on where rates are heading, with the next cut not predicted until 2025.
Homeowners are steeling themselves for potential interest rate hikes following an uneasy statement from the head of the Reserve Bank.
Treasurer Jim Chalmers has acknowledged the economy is “barely growing”, after GDP increased by just 0.1 per cent in the first three months of 2024.
RBA governor Michele Bullock said the bank was watching one key figure in deciding if interest rates would increase again.
Australia’s central bank is set for a major shake-up after a wide-ranging review but not everyone is on board with the recommendations.
The system that determines Australia’s interest rates is set for the biggest shake up it’s had in decades after a series of forecast bungles.
A Brisbane couple has been locked in a battle with their bank over it “gouging” money after it failed to admit to a serious error.
One big bank has quietly cut its three-year fixed mortgage rates. This move signals a change of direction for where mortgages are going.
After growing up in a pandemic and facing a cost of living crisis, Gen Z are choosing to do interesting things with their money compared to other generations.
NAB customers will find an update from the bank’s CEO in their inbox, as he warns of “a growing problem in Australia”.
Australian homeowners have been dealt a fresh blow as the Reserve Bank released the minutes from its board meeting earlier this month.
Millions of Aussies with student loans have been warned to brace themselves for a “super-sized” increase to their debt in the coming months.
Interest rates may have stabilised but that doesn’t mean mortgages will. And it all goes to prove why Australia is the worst place to have a mortgage.
A major Australian bank has locked in fresh rate increases, days after warnings the country is one of the most at-risk globally to face widespread mortgage defaults.
Original URL: https://www.goldcoastbulletin.com.au/business/economy/interest-rates/page/97