‘Sell homes’: RBA boss’s chilling rates call
The RBA boss has acknowledged the harsh realities of high interest rates on Aussie households, however she said it was required to quell inflation.
Interest Rates
‘Backwards’: Fight over slow economy heats up
The Finance Minister has dismissed the opposition’s attack on the government’s handling of the economy after fresh GDP showed anaemic growth.
‘Tell it like it is’: Chalmers dismisses RBA dig
Treasurer Jim Chalmers dismissed claims he was snubbing the RBA after he said cash rate hikes were “smashing the economy”.
‘Flatlining’: Grim news for Aussie retailers
Retailers are worried they face a tough Christmas trading period, as Australians continue to resist spending up during a cost-of-living crisis.
Major bank’s huge move on rates
One major bank has made a huge move on its fixed rates for home loan customers after the inflation rate eased slightly.
Shocking reality of rate rise crisis
A shocking number of Australians are being forced to spend nearly a third of their income on their mortgage.
Worrying sign Aussies already in ‘recession’
Amid a cost of living crisis beleaguered Aussies have been warned to brace for an “economic horror show” up until Christmas.
Why younger savers are ignoring banks
Facing mounting student debts and the cost-of-living grind, younger people are getting savvier on who holds onto their money.
Aussie shares jump on Fed cut fever
The local sharemarket lifted on Monday as buoyant investors cheered the prospect of a September rate cut in the world’s largest economy.
Huge step to reform ‘crucial institution’
Treasurer Jim Chalmers has called for support from the Coalition to create a separate Reserve Bank board that will solely be responsible for cash rate decisions.
Aussie shares extend ripping winning streak
The Australian sharemarket advanced for a 10th consecutive session on Thursday, marking the longest rally in stocks since 2015.
Why $100,000 a year isn’t enough anymore
Making $100,000 a year used to be a kind of salary holy grail for a lot of Aussies, but the country’s cost-of-living crisis has changed that completely.
Dire warning for ‘stagnant’ Aussie jobs
The Australian economy is growing at its slowest rate since a sharp recession in the early 1990s and it’s particularly bad news for white-collar workers.
Mining giant looks at Indonesia after collapse
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Big banks make major move on rates
Three of the big four banks are “betting” on interest rates being slashed after making a big call, according to a finance expert.
‘Aligned’: Chalmers fends off rift with RBA
Treasurer Jim Chalmers says the Albanese government and the Reserve Bank are aligned in the fight against inflation.
Canberra’s big call on inflation claim
Finance Minister Katy Gallagher has acknowledged public spending was partly fuelling inflation, but is downplaying the federal government’s role.
Industry risks collapse as cost crisis bites
With the rising cost of living stretching budgets further than ever, cost-conscious Aussies are cutting back. It’s left one key industry in a battle to survive.
‘Premature’: RBA chief’s grim rates call
In a fresh blow to Aussie homeowners, the Reserve Bank Governor has declared rate cuts are still too far away to think about.
‘No doubt’: Explosive CFMEU claims
Shocking claims about the controversial CFMEU have been made at a hearing into Australia’s cost-of-living crisis.
Aussie economy delivers shock jobs boost
The latest employment figures beat expectations, with the Australian economy adding tens of thousands of new jobs.
Big bank’s great news for homeowners
Australia’s biggest bank has just delivered some heartening news for struggling mortgage holders.
Grim sign for Australian workers
A massive employment platform has just delivered some bleak news to Aussie job hunters.
Aussies buckle under ‘wageflation’ pressure
Wages are exploding across Australia, but there’s a downside to the money bump.
‘Recession makers’: MPs clash on inflation
Senior government minister Bill Shorten has sparked a fiery debate with the opposition after he claimed the Liberal Party wants to put Australia in a recession.
Resilient consumer sector lifts Aussie shares
Bumper results from a bellwether retail giant injected renewed confidence into the Aussie sharemarket on Monday.
‘False prophets’: RBA deputy’s warning
A man at the top of the Reserve Bank of Australia has warned Aussies against “false prophets” who claim to know what will happen in the future.
Key state ‘struggling’ with cost of living
Not all Australians are feeling the same pressure from the rising cost of living, the RBA says, with one major state doing it tougher than others.
‘Not on agenda’: RBA’s grim rate cut outlook
Mortgage holders have been given a reprieve after the Reserve Bank kept interest rates on hold at 4.35 per cent, but should not expect a cut anytime soon.
Huge call made on interest rates
The Reserve Bank of Australia has revealed if homeowners will take another hit when it comes to their mortgage repayments.
Original URL: https://www.news.com.au/finance/economy/interest-rates/page/4