Millions of Aussies to get rate cut today
Rate relief for millions of Australians starts on Friday as the first of the big four banks finally pass on the RBA’s rate cut to mortgage holders.
Rate relief for millions of Australians starts on Friday as the first of the big four banks finally pass on the RBA’s rate cut to mortgage holders.
Rate relief for millions of Australians starts on Friday as the first of the big four banks finally pass on the RBA’s rate cut to mortgage holders.
The RBA deputy governor has shared how Donald Trump’s tariff threat affected the central bank’s decision to cut interest rates earlier this month.
Mortgage holders hoping for back-to-back rate cuts have taken a hit after the latest inflation figures were released.
A weakening Aussie dollar could see import prices rise, adding further pressure on the RBA to hold rates higher, experts have warned.
Experts have offered their outlooks for the economy in 2025, and while there’s some good news, there will be continued pain to come for many.
The International Monetary Fund has poured cold water on a key housing policy which would make it easier for first-home buyers to get a loan.
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
A new outlook has forecast the Australian economy is on a “narrow path to a soft landing” and is tipped to improve next year – but there’s a major catch.
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
A leading bank is expecting a spike in electricity prices until July 2025 putting further pressures on Australians.
A major change to Aussie cash could be on the cards – which would essentially keep cash in the Australian system despite the dominance of card payments.
The ASX has tumbled to a new low after markets continued to sell off, with investors factoring in a less-than-favourable decision in the US.
The budget’s bottom line is forecast to blow out by more than $20bn, funded largely by bracket creep in the coming years, economist warn.
Original URL: https://www.heraldsun.com.au/business/economy/interest-rates/page/16