Economy

LIVE

Business13 minutes ago

‘Pressures have emerged’: CBA, NAB tip Feb rate hike

Mortgage lending giants CBA and NAB are now predicting the Reserve Bank will lift the official cash rate in February with the economy ‘perhaps already breaching’ its speed limit.

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Business17 minutes ago

Wild bid from Melb man accused of gambling $80m investor cash

Gregory Cotton allegedly raised $130 million from 400 investors but spent most of it on high-stakes gambling, leaving just $7 million for alleged victims. Now he’s made a wild bid for more cash.

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Interest Rates

‘Difficult’: Grim warning to homeowners

The Reserve Bank has issued a stark warning about interest rates, as rising inflation and strong spending threaten mortgage relief.

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AnalysisASX Trader

Warning signs flash: We’re set for 40 years of interest rate rise hell

The alarms bells are ringing. We’re entering a potential 40-year era of interest rate rises, where rates could reach up to 8 per cent. That’s why I’ve locked in my rates now, writes ASX Trader.

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More Stories

Breaking News

‘More expensive’: Supermarket changes blasted

Labor has been blasted after the announcement of a new ban that would force Coles and Woolies to pay millions in fines if they failed to comply.

Federal Budget

Huge question Chalmers won’t answer

Treasurer Jim Chalmers has revealed Labor’s mid-year budget update will save billions, but stopped short of divulging the fate of a looming $42bn deficit.

AnalysisEconomy

Poms’ pathetic batting crashes our economy

Their players can’t bat. Our workers can’t work. England’s cricket catastrophe has been so costly for Australia, some are questioning if it’s sabotage.

Money

Surprise reason for bankruptcy surge

A shock new report has laid bare the companies chasing debts and pursuing bankruptcy.

Costs

Why Aussies will face huge bill hike

Millions of Aussie households are set to face a bill shock as a key cost-of-living relief is discontinued. Here’s what it means for you.

Business

Opportunities & risks: Austal waits on Hanwha’s board seat move

South Korea’s Hanwha is set to become CEO Paddy Gregg-led Austal’s largest shareholder, setting the stage for a boardroom fight with current top stakeholder Tattarang, owned by Andrew and Nicola Forrest.

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Interest Rates

Big bank’s brutal blow to homeowners

One of the big four banks has hiked its fixed home loan rates after the Reserve Bank of Australia indicated a cash rate increase may be coming in the New Year.

Business

Watchdog slams ports for taking record profits as truckies falter

The ACCC has slammed Australia’s port operators for hauling in record profits while pushing soaring costs onto consumers despite having spare capacity.

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Business Breaking News

Grim economic warning from bank boss

National Australia Bank’s top boss has sounded the alarm on a major issue which will impact Australian living standards.

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Leaders

‘What!’: Albo’s ‘cheap’ wedding act exposed

A very important and amusing detail has emerged about Prime Minister Anthony Albanese.

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Original URL: https://www.heraldsun.com.au/business/economy