‘Big risk’: RBA’s China warning
Amid shortening odds for a Melbourne Cup Day rate hike, the Reserve Bank governor says the central bank is determined to tame persistent inflation.
Amid shortening odds for a Melbourne Cup Day rate hike, the Reserve Bank governor says the central bank is determined to tame persistent inflation.
The RBA is widely tipped to continue its most aggressive round of rate hikes in decades after inflation figures confirmed soaring prices remained stubborn.
A shocking spike in the price of one supermarket staple has exposed the pain Aussies are facing at the checkout.
In her first prepared address as RBA governor, Michele Bullock has revealed the extreme pressure faced by some Aussie homeowners, but warns it won’t stop the board raising rates if necessary.
THE Reserve Bank has opted to leave the cash rate on hold at 2.5 per cent in June, but borrowers are being warned to brace for rises in future.
THE Reserve Bank has opted to leave the cash rate on hold at 2.5 per cent in June, but borrowers are being warned to brace for rises in future.
THE Reserve Bank has opted to leave the official cash rate on hold at 2.5 per cent in May in a move that was widely expected by markets.
CREDIT card customers are being slugged with higher interest rates on plastic than they were before the nation’s series of rate falls.
CREDIT card customers are being slugged with higher interest rates on plastic than they were before the nation’s series of rate falls.
The Reserve Bank has kept the official cash rate on hold at 2.5 per cent but borrowers are warned to brace for hikes next year.
THE International Monetary Fund has argued interest rates should be kept low while Australia’s economy is still ‘soft’.
HOME loan demand has climbed to its highest level since the GFC – thanks to low interest rates and a resurgent building industry.
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