Surprising item boosting Australia’s economy
Chickpea sales to India have given the Australian economy an unlikely boost, according to the latest current account figures.
Interest Rates
Key detail on Australia’s next rate cut
The Reserve Bank concedes there is still uncertainty around Australia’s cost of living and has hinted what its next move on rates will be.
Former RBA boss’ stunning rates call
Decade-high interest rates are not “the source” of Australia’s cost of living problem, former Reserve Bank governor Philip Lowe has said.
Worrying sign for home buyers after rate cut
The Australian housing market has surged on the back of interest rate cuts, completely reversing a soft start to the year.
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.
Surprise figure behind Aussie rate cut
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.
Bad news for back-to-back rate cuts
Mortgage holders hoping for back-to-back rate cuts have taken a hit after the latest inflation figures were released.
Mortgage plea proves Australia’s cooked
Australians are weighing up taking on extra-long loan terms to reduce monthly repayments on their mortgages as cost pressures continue to bite.
‘Unfair’: What Aussies savers should do
Frustrated Aussie savers have been urged to get one up on banks who have left them in the dark by doing one thing.
US CEO wants huge Aussie mortgage change
The head of the world’s largest investment firm has called for a new type of mortgage that would represent a major shake-up in Australia’s housing market.
Shock RBA move could change everything
Analysts have discovered a major clue that the RBA is planning to do far more than it’s letting on – and the impact could be massive for us all.
‘Bitter pill’: Grim reality for Aussie savers
It’s only going to get worse for Aussie savers already on their knees after the Reserve Bank’s decision to cut interest rates.
Move costing Aussies extra $92m
Aussie mortgage holders are at risk of losing tens of millions of dollars in interest the longer lenders withhold passing on the latest rate cut.
Why rate cut won’t save Aussie households
Aussie households are feeling the pinch, with a single rate cut unlikely to relieve them of their mortgage stress.
When is the next RBA meeting on interest rates?
The Reserve Bank of Australia has switched things up, meaning eager homeowners will have to wait a little longer to find out if they will get another rate cut.
Aussie response to big RBA move says it all
After four gruelling years, the RBA has finally handed down a much-needed rate cut, but the response from everyday Aussies says it all.
Wild Trump move ‘scaring the RBA’
David “Kochie” Koch has weighed in on the state of play for Australia, throwing a few jabs at Donald Trump in the process.
‘This is different’: Warning after rate cut
While homeowners have hailed Tuesday’s interest rate cut it could send prices up for first home buyers.
Why rate cut ‘doesn’t help anyone’
An economist has issued a scathing assessment of the RBA’s interest rate cut saying it will only make the cost-of-living crisis worse.
Question Treasurer won’t answer after cuts
Boosting expectations that the Prime Minister will call an April federal election within weeks, the decision is a huge relief for the Albanese Government with the Treasurer declaring it was the rate cut families “need and deserve”.
Winners and losers from RBA rate cut
Households are tipped to have a bit more in their pockets after the RBA’s first rate cut in four years, but just how much you will save will depend on the size of your loan.
Chalmers dodges election call after RBA cut
While the Treasurer welcomed the RBA’s decision to cut rates, he sidestepped questions on how it could affect when Aussies will go to the polls.
Banks make $10m a day on slow rate cut
Going slow on rate cuts could be good for the major banks as they cash in millions for every day homeowners wait for a mortgage reduction to be passed on.
ASX tumbles on big bank, Woodside woes
A slump in the big banks and energy stocks pushed the Aussie market into the red on Tuesday, as the RBA struck a note of caution following its long-awaited rate cut.
‘Frantic’: Landlords react to interest rates
Landlords have revealed how the property market will become temporarily “frantic” after today’s rates decision.
RBA boss’ two words to Aussies after rate cut
Under-the-pump Australian homeowners have received a rate cut, but Michele Bullock has delivered a stark two-word warning about the future.
‘Serious mistake’: Surprise scene outside RBA
Unions and interest groups ratcheted up the pressure on the Reserve Bank ahead of its decision to cut interest rates.
‘Disaster’ consequence of rate cut
Mortgage holders celebrating today’s long-awaited rate cut by the RBA might not be smiling for long, a leading economist has warned.
PM’s big call after interest rate decision
The Reserve Bank’s big call on interest rates could set the scene for Anthony Albanese to make a big decision himself.
‘Absurd’ list of errors sending Aussies broke
One of Australia’s leading finance experts has put a blowtorch on the leading causes of Australia’s economic woes – and no one is spared.
Westpac, Bendigo drag down ASX
Banks weighed on the ASX on Monday with disappointing earnings updates from Westpac and Bendigo Bank pushing the index to the red.
Major bank’s huge move on rates
Competition among mortgage providers has spurred a big four bank to cut its variable interest rates ahead of tomorrow’s RBA decision on the cash rate.
‘Will collapse’: Big news for Aussie economy
Aussies have been slammed by the RBA’s brutal interest rate moves for years – and now, a finance expert has made a major prediction.
Rate pain set to stay until November
Aussie mortgage holders might need to wait nine months to fully feel the impacts of a rate cut, should the Reserve Bank board decide to cut the cash rate on Tuesday.
Grim reality of super raid for homes
Peter Dutton’s major home ownership offer to Australian voters would actually drive up house prices and slash home ownership, an analysis shows.
Further sign rate cut is on its way
Banks are cutting one particular offering as they gear up for the Reserve Bank of Australia to do the same to the cash rate.
Meagre relief for Aussies after rates hell
There are fears that predicted rate cuts won’t be enough to ease cost of living pressures for Australian families.
Trump’s tariffs could stall rate cut
Uncertainty over US President Donald Trump’s current tariff policies could push back the RBA’s plans to cut rates in February, economists warn.
$95k homebuyer boost announced for Aus
Carrying a big student debt and can’t get a mortgage? See how much more you could borrow under new changes.
Second major bank cuts interest rates
Another of Australia’s big four banks has cut interest rates for one group of borrowers, ahead of the RBA’s highly anticipated February meeting.
Surprising trend in home lending
Aussies putting up with higher house prices are still getting into the market as investors get out of the way, new research shows.
Aussie bank’s big interest rate move
Another major financial institution has changed its rates ahead of the Reserve Bank of Australia’s decision on the official cash rate.
‘Stand up’: Turnbull’s Trump advice to PM
Malcolm Turnbull says Australia should not expect the US to not impose tariffs just because of the “special relationship” between the countries.
Suburbs where house prices will soar
Australian homeowners could be the big winners if the Reserve Bank of Australia does what is expected later this month.
Incredible call on looming rate cut
The money markets are rapidly backing the idea that the Reserve Bank will cut interest rates when they meet in a weeks’ time.
Aussies’ insane credit card spend revealed
Some Australians are facing huge debts following a record credit card spend over the Christmas period.
‘Wildly unexpected’ RBA move breaking us
A massive interest rates prediction has been revealed as a major RBA decision looms – but it’s not what millions of us want to hear.
How young Aussies can buy a home
While owning a home is getting harder in most parts of Australia, researchers have set out to find how young Aussies can climb onto the property ladder.
Major bank flags big risk in rate cut
Australia’s biggest bank says there may be some brief relief for those priced out of owning a home, but there could be a brutal side effect to cutting rates.
ASX 200 hammered on Trump tariffs
Nearly $50bn was wiped off the Australian sharemarket on Monday as fears of a trade war led by US President Donald Trump tariffs ripped through the local market.
Grim truth about Aussie rate cut
Mortgage holders need more than one rate cut to start feeling relief, with only about 53,000 Aussies likely to move away from “at risk” should the RBA cut rates in February.
Proof of how far off target Australia is
Australia remains behind its ambitious target of 1.2 million new homes by 2029 despite a bounce in new housing approvals in December.
Major turnaround in Aussie habit
Aussies have returned to the stores on the back of cost-of-living relief, lifting consumer spending for the first time in nearly two years.
Major bank’s huge interest rate move
One of the big four banks has made a major call ahead of any Reserve Bank of Australia decision to cut the cash rate.
Last of big four banks updates rate cut tip
All four of the big banks now agree on when the Reserve Bank board will cut interest rates following welcome inflation data this week.
Figures hide Aussie families’ pain
Australians are still feeling the pinch of cost-of-living rises even though the rate of inflation is slowing.
How young Aussies can get $1321 boost
Applications are now open for young Aussies to get a tax-free $1321 cash boost, but there’s a catch.
Grim warning after ‘worst month on record’
One of Australia’s top finance experts says mortgage holders and businesses are being pushed to the brink – and something’s got to give.
‘It’s on’: Major bank expects Feb rate cut
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
Homeowners could score $8k cut to mortgage
A new report suggests help is on its way for struggling homeowners who have had their mortgage increase in many cases by $12,000 a year.
Aussie economy’s major breakthrough
Australia’s economy might be hitting a turning point on the back of better household spending – but economists are warning more work needs to be done.
Rate cut in February hangs on this figure
Struggling borrowers could finally get a rate cut in February, with inflation tipped to fall faster than the Reserve Bank has been expecting.
Chalmers urges ‘confidence’ ahead of CPI drop
The Treasurer has urged “confidence, not complacency” ahead of Wednesday’s new inflation data, which could lead the RBA into its first rate cut since 2020.
‘Done all we can:’ Albo’s big call on rates
The Prime Minister says his government has “done all it can” to tame inflation to allow the RBA to cut rates and deliver households much needed relief.
Australia’s top performing state revealed
Two mining powerhouses are officially Australia’s best performing state economies, with one topping the list for the second time since 2014.
Huge number of Aussies needing a rate cut
A huge number of Aussie households have said they are desperately needing a rate cut when the Reserve Bank next meets.
ASX snaps three-day winning streak
The Aussie sharemarket has snapped a three-day winning streak as consumer-facing stocks and an “unloved” mining sector drag the index lower.
Mining state sinks into budget black hole
Millions of Aussies are confronting a stark budget black hole, with an economic update exposing a serious $217bn breakdown in one state’s finances.
Faltering dollar ‘unlikely’ to sway RBA
Australia’s weak dollar could see inflation tick up slightly, but it is unlikely to move the RBA on its next rate cut decision, a leading economist says.
Major bank’s surprise move on rates
A major bank has reduced its fixed-rate mortgages just weeks out from the Reserve Bank’s official rate-cut decision.
Aussie economy tipped to improve in 2025
The Australian economy is expected to experience brighter days ahead off the back of expected interest rate cuts, but there is a massive catch for workers.
‘Lost decade’: Diabolical 2025 warning for Aus
Cash-strapped Aussies holding out hope for some cost-of-living relief this year are set to be disappointed.
Fears rate cut could be delayed
Australia’s unemployment rate rose slightly in December but still remains under the RBA’s forecasted figure, putting in doubt a rate cut for the first time in 17 months.
Big bank’s call on rate cut
One of Australia’s big four banks has renewed its prediction for when the Reserve Bank will cut the cash rate, as spending dropped after the Black Friday sales.
ASX jumps on US tariff hopes
Australia’s share market finished in the green on Tuesday, led by the major resources and property stocks, and a surprise report out of the US.
Why Aussie dollar fall could cost homeowners
The chances of an interest rate cut in early 2025 are falling faster than the Aussie dollar, with experts saying the drop in our currency could cause the Reserve Bank to baulk at a cut.
‘Staggered’: Major catch for Aussie rate cut
With thousands of Aussie homeowners buckling under the weight of hefty repayments and the cost of living crisis, a financial expert has laid out his best tips going into 2025.
The news homeowners have been waiting for
Another major bank says a February rate cut is on the cards, with ANZ making a big change to its expectation of when Aussie mortgage holders will get a reprieve.
Fresh hope for Aussies smashed by rates
Australia’s all-important trimmed mean inflation rate continues to fall, renewing hope for an early rate cut, the national figures show.
Major bank’s huge interest rate call
NAB says the worst of the economic cycle could be behind us, predicting a number of rate cuts in 2025 to help households and business alike.
Original URL: https://www.news.com.au/finance/economy/interest-rates