Sign we’re underestimating young Aussies
Gen Z is sometimes written off as a “live-for-the-day” generation, but a surprising new trend shows they’re a lot more savvy.
Gen Z is sometimes written off as a “live-for-the-day” generation, but a surprising new trend shows they’re a lot more savvy.
The RBA will signal to the market that the fight against inflation is largely won, and its response may surprise some.
Australian lenders are jockeying for position in anticipation of an interest-rate cut by the Reserve Bank, and here’s the proof.
A leading finance guru has revealed the nightmarish interest rate situation that could easily destroy the lives of countless Aussies.
Aussie shares crept higher on Wednesday on the back of a Wall St rebound, despite a sharp sell off in heavyweight mining and energy stocks.
The Australian sharemarket fell on Tuesday following muted stimulus measures from China and a sharp pullback on Wall St.
One of Australia’s biggest banks has issued a warning about business confidence after the latest figures were revealed.
The Reserve Bank is steadfast it will use the blunt tool of interest rates in any way necessary to get inflation down to its target range.
The Australian sharemarket fell on Friday as the big miners wobbled and uncertainty courses through Wall Street.
The sharemarket inched higher on Thursday as investors braced for Israel’s response to Iranian missile and terror attacks and the release of crucial US jobs data.
A leading financial authority has backed the RBA’s approach to interest rates, but warned further increases would be warranted in the fight against inflation.
The Australian sharemarket slipped on Wednesday as investors braced for a broader war in the Middle East.
The Australian sharemarket retreated from record highs on Tuesday on a sharp sell-off in the mining sector.
The Australian sharemarket notched a fresh record high on Monday on the back of a mammoth rally in iron ore prices.
The Australian sharemarket snapped a three-day losing streak on Thursday in a frothy rebound propelled by consumer stocks.
The OECD says the world economy is “turning a corner” on inflation and offers a bullish read on Australia’s outlook for 2025.
Interest rates are collapsing across the developed world – but Aussies are still paying through the teeth thanks to one huge mistake.
Inflation is coming down but experts are warning it isn’t yet time for Aussies to pop the champagne bottles to celebrate a rate cut.
The Aussie sharemarket dipped lower on Wednesday as bank stocks tumbled.
Australians wanting the security of home ownership will be rocked by these figures showing just how easier it was a decade ago.
RBA Governor Michele Bullock has taken a thinly veiled shot at the government after yesterday’s decision to keep interest rates on hold.
Experts have issued a warning as shocking figures expose just how hard it is for Aussies to get ahead during the cost-of-living crisis.
The Reserve Bank is sticking to its guns not to cut the official cash rate while inflation remains too high, despite growing pressure to do so.
Holding rates at 4.35 per cent, RBA governor Michele Bullock has said what needs to be done for interest rates to come down, hinting it won’t be any time soon.
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
Homeowners struggling after missing out on a rate cut from the Reserve Bank today have been urged to “create their own rate cut”.
Treasurer Jim Chalmers has been urged to adopt a “crazy” new strategy if he really thinks the RBA is smashing the economy – simply overrule it.
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
More and more Australians are taking on multiple jobs to keep their heads above the water, but the issue runs deeper than just cost of living.
An economist has issued a dire prediction about the “really dangerous” interest rates in Australia on the eve of the Reserve Bank’s rates decision.
Leading Australian economists say the RBA will deliver a gift to cash-strapped households in February, but one key player is holding firm on a rate cut this year.
The world’s biggest economy has just cut interest rates by a “jumbo” 50 basis points. Here’s what that means for Australia.
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
The rate cut rally in Australian shares continued on Tuesday, with the local bourse hitting fresh highs once again as it booked a fourth consecutive session in the green.
Growing jubilance around this week’s interest rate cut in the world’s largest economy propelled Aussie shares to a record high.
Looking to buy your first home? The latest auction results could signal an important change in Australia’s ‘unstoppable’ housing market.
Aussie homeowners have been smashed with interest rate pain for years now and a leading economist warns the stress isn’t going to end anytime soon.
Economic activity jumped last month, but Australia’s biggest bank warns the frothy spending could be temporary.
The Australian sharemarket lifted on Tuesday on the back of a rally in energy stocks and some relief from a rattled Wall St.
Aussies and business are growing increasingly fearful of a stagnating economy, with new concerns about potential job losses.
One state government is eyeing a bold new idea as it desperately tries to get more houses built.
The RBA boss has acknowledged the harsh realities of high interest rates on Aussie households, however she said it was required to quell inflation.
The Finance Minister has dismissed the opposition’s attack on the government’s handling of the economy after fresh GDP showed anaemic growth.
Treasurer Jim Chalmers dismissed claims he was snubbing the RBA after he said cash rate hikes were “smashing the economy”.
Retailers are worried they face a tough Christmas trading period, as Australians continue to resist spending up during a cost-of-living crisis.
One major bank has made a huge move on its fixed rates for home loan customers after the inflation rate eased slightly.
A shocking number of Australians are being forced to spend nearly a third of their income on their mortgage.
Amid a cost of living crisis beleaguered Aussies have been warned to brace for an “economic horror show” up until Christmas.
Facing mounting student debts and the cost-of-living grind, younger people are getting savvier on who holds onto their money.
The local sharemarket lifted on Monday as buoyant investors cheered the prospect of a September rate cut in the world’s largest economy.
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.
The Australian sharemarket advanced for a 10th consecutive session on Thursday, marking the longest rally in stocks since 2015.
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.
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.
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Three of the big four banks are “betting” on interest rates being slashed after making a big call, according to a finance expert.
Treasurer Jim Chalmers says the Albanese government and the Reserve Bank are aligned in the fight against inflation.
Finance Minister Katy Gallagher has acknowledged public spending was partly fuelling inflation, but is downplaying the federal government’s role.
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.
In a fresh blow to Aussie homeowners, the Reserve Bank Governor has declared rate cuts are still too far away to think about.
Shocking claims about the controversial CFMEU have been made at a hearing into Australia’s cost-of-living crisis.
The latest employment figures beat expectations, with the Australian economy adding tens of thousands of new jobs.
Australia’s biggest bank has just delivered some heartening news for struggling mortgage holders.
A massive employment platform has just delivered some bleak news to Aussie job hunters.
Wages are exploding across Australia, but there’s a downside to the money bump.
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.
Bumper results from a bellwether retail giant injected renewed confidence into the Aussie sharemarket on Monday.
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.
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.
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.
The Reserve Bank of Australia has revealed if homeowners will take another hit when it comes to their mortgage repayments.
Mortgage payers have been warned against complacency, despite expected welcome news around Tuesday’s all important cash rate announcement.
Mortgage payers have been warned against complacency, despite expected welcome news around Tuesday’s all important cash rate announcement.
Relief could be on the way for mortgage holders across the country as experts tip a rate cut might be on the cards before Christmas.
Inflation has hit 3.8 per cent for the June quarter, but some economists say that figure has given the Reserve Bank room to keep rates on hold.
Economists are divided on what happens next with interest rates with some saying they need to go as high as 5 per cent.
The June quarter inflation data will be released on Wednesday morning, giving pundits a clearer idea of whether the RBA will seek to hike rates next week.
The sharemarket retreated on Tuesday on the back of a sharp mining slump.
Aussie shares booked a positive session on Monday on the back of a relief rally from Wall St on Friday.
Original URL: https://www.news.com.au/finance/economy/interest-rates/page/5