Dire warning over Aussie interest rates
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.
Interest Rates
Expert’s huge call on Aussie interest rates
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.
Aussies react to massive interest rate cut
The world’s biggest economy has just cut interest rates by a “jumbo” 50 basis points. Here’s what that means for Australia.
‘Jumbo’ Fed cut boosts Aussie shares
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
Aussie shares flat before pivotal Fed moment
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.
Aussie shares hit fresh record on Fed fever
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.
New record high for Aussie shares
Growing jubilance around this week’s interest rate cut in the world’s largest economy propelled Aussie shares to a record high.
Big new change in Aussie housing market
Looking to buy your first home? The latest auction results could signal an important change in Australia’s ‘unstoppable’ housing market.
‘Ignored’: Grim warning on rate hike crisis
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.
Surprising reason behind spending splurge
Economic activity jumped last month, but Australia’s biggest bank warns the frothy spending could be temporary.
Aussie shares lift on energy, Wall St bump
The Australian sharemarket lifted on Tuesday on the back of a rally in energy stocks and some relief from a rattled Wall St.
Aussie crisis drives job loss fears
Aussies and business are growing increasingly fearful of a stagnating economy, with new concerns about potential job losses.
State’s bold plan for housing crisis
One state government is eyeing a bold new idea as it desperately tries to get more houses built.
‘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.
‘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.
Huge rates prediction ahead of RBA meeting
Mortgage payers have been warned against complacency, despite expected welcome news around Tuesday’s all important cash rate announcement.
Huge rates prediction ahead of RBA meeting
Mortgage payers have been warned against complacency, despite expected welcome news around Tuesday’s all important cash rate announcement.
Incredible call on rate cut ‘before Christmas’
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 news none of us saw coming
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.
Worst news for struggling homeowners
Economists are divided on what happens next with interest rates with some saying they need to go as high as 5 per cent.
Inflation figures to give big hint on rates
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.
Aussie shares retreat on mining slump
The sharemarket retreated on Tuesday on the back of a sharp mining slump.
Aussie shares lift on Wall St rebound
Aussie shares booked a positive session on Monday on the back of a relief rally from Wall St on Friday.
‘Really tough’: Dark storm hitting Aussies
There’s a growing cloud of insolvencies ripping through Australian business and one cafe owner says he can’t catch a break.
Aussies warned as hopes of rate cut fade
More pain could be on the way for mortgage holders and the Albanese government, with an all-important data release tipped to show ‘persistent inflation’ in the economy.
Horror sign Aussies are losing cost crisis
Australians’ changing driving habits have revealed the shocking reality behind the nation’s cost of living crisis.
Aussie shares dive on Wall St bloodbath
The Australian sharemarket slumped into a sea of red on Thursday as a gruesome tech rout on Wall St crippled confidence.
Albo ‘really proud’ of tax cuts
Anthony Albanese says a respected forecaster’s latest report pointing to a ‘fork in the road’ moment for the economy has endorsed his government’s policies.
Aussie shares dip lower in cautious trading
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
‘Extreme pressure’: Interest rates bite
Aussies are being hit with “extreme pressure” from the cost of living crisis with millions facing an impossible choice.
Aussie shares rebound on Wall St uplift
The Australian sharemarket has lifted to break a three-day losing streak on Tuesday on the back of an tech-led Wall St rebound.
Big bank’s shock gift to home buyers
One of Australia’s biggest banks has just delivered a big gift to Aussies desperate to lock down a home of their own.
Aussies shares fall on US chaos, mining slump
The fallout from the CrowdStrike global tech outage and US President Joe Biden’s decision not to run again have helped push down the Australian sharemarket on Monday.
Aussies shares dive on Wall St tumble
A run-up in Aussie shares came to a halt on Friday, with a Wall St rout and mining sell off pushing the market into a sea of red.
ASX retreats after record high
A day after setting a new 52-week high, the Aussie sharemarket retreated at the closing bell on Thursday.
Huge call ahead of RBA rate decision
Analysts have largely agreed on how Thursday’s job data release will affect the Reserve Bank’s cash rate decision in two weeks time.
Grim outlook on mortgage repayments
Banks are expecting more mortgage holders to go into arrears as households struggle with elevated interest rates and inflation.
Aussie shares rise on feverish Wall St rally
The Australian sharemarket lifted on Wednesday on the back of a rising Wall St bull run.
1.2m new home dream already slipping away
The latest numbers on new home starts are out and it isn’t good news for battlers struggling to live the Australian dream.
Aussie shares slip on dark China numbers
Some dark economic data out of China triggered a sell-off in heavyweight mining stocks on Tuesday, pulling the Aussie market down from record highs.
Aussie shares soar to crack 8000 barrier
Aussies shares continued to rally higher on Monday, crossing the 8000 threshold for the first time in history on speculation of imminent rate cuts in the US.
Chalmers hints at ‘mid-teens’ surplus
Treasurer Jim Chalmers says he is expecting Australia’s surplus to grow beyond the $9.3bn forecast in the budget, with the exact figures set to drop in September.
Chalmers hints at ‘mid-teens’ surplus
Treasurer Jim Chalmers says he is expecting Australia’s surplus to grow beyond the $9.3bn forecast in the budget, with the exact figures set to drop in September.
Aussie shares hit record high on Fed fever
The Australian sharemarket has closed out the week on a record high as investors position themselves for imminent US Federal Reserve rate cuts.
Aussie shares soar on Wall St euphoria
The benchmark ASX200 has flown close to record highs on Thursday following a huge night of trading on Wall St.
‘Significantly weaker’: Disturbing Aussie trend
A disturbing inequality between one group of Aussies and everyone else has been highlighted in a new report.
New crisis to hit shoppers with higher prices
There’s a growing crisis in Australia’s trucking industry, and shoppers everywhere will be the losers.
Mining sell-off pulls down Aussie shares
Mining stocks have weighed down the sharemarket again this week, with the benchmark ASX200 dipping into the red on Wednesday.
Grim warning as tax cuts hit wallets
Aussies will be richer with the arrival of Stage 3 tax cuts, but experts are warning the boost could trigger higher inflation and send mortgage payments soaring.
Aussie businesses wobbling on flat turnover
It’s been a difficult few months for business in Australia and there’s no end in sight, with turnover down for the month of May.
Promising sign for battling renters emerges
It’s been a dark few years for Aussie renters, but experts say vacancy rates across the market are easing slightly.
Aussie stocks fall on iron ore, oil retreat
The sharemarket has started the week on a low note after a retreat in iron ore and oil prices over the weekend.
Original URL: https://www.news.com.au/finance/economy/interest-rates/page/6