‘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.
Cash-strapped Aussies holding out hope for some cost-of-living relief this year are set to be disappointed.
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.
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.
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.
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.
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.
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.
Australia’s all-important trimmed mean inflation rate continues to fall, renewing hope for an early rate cut, the national figures show.
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.
A staggering number of Aussies will be paying off their credit card debts for at least six months after relying on their credit cards to get through the holiday season.
A young Aussie has shared the common debt nightmare she’s living with – and the grim reality she’s “accepted” because of it.
Aussies hoping for a rate cut have received welcome news, as inflation is tipped to have fallen in the November monthly figures.
A property expert has warned Australia’s property market could be a ‘dangerous’ purchase in 2025, with investors risking hundreds of thousands of dollars.
An upsetting reality awaits millions of Aussies working to own their own home outright, with one expert sharing a surprising insight.
The ASX 200 finished the week strongly off the back of surging commodity stocks and an unexpected business partnership
National house prices have dropped for the first time in two years, with one state leading the downward pressure.
The Australian dollar has fallen to a near-five-year low that is the worst seen since Covid.
Aussies are making the difficult choice of leaving, as high house prices see them look for cheaper alternatives overseas.
Aussies are getting poorer and it seems unlikely to change in the near future – but it may not be all bad news, according to industry figures.
A weakening Aussie dollar could see import prices rise, adding further pressure on the RBA to hold rates higher, experts have warned.
Experts have offered their outlooks for the economy in 2025, and while there’s some good news, there will be continued pain to come for many.
The International Monetary Fund has poured cold water on a key housing policy which would make it easier for first-home buyers to get a loan.
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
A new outlook has forecast the Australian economy is on a “narrow path to a soft landing” and is tipped to improve next year – but there’s a major catch.
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
A major change to Aussie cash could be on the cards – which would essentially keep cash in the Australian system despite the dominance of card payments.
The ASX has tumbled to a new low after markets continued to sell off, with investors factoring in a less-than-favourable decision in the US.
The budget’s bottom line is forecast to blow out by more than $20bn, funded largely by bracket creep in the coming years, economist warn.
The RBA’s slow response to the post-Covid economic boom is to blame for Australians paying more on their mortgage today, a consulting firm has found.
The RBA has defended the economic forecasting it does to help the board when it considers changes to the cash rate, admitting the predictions are likely wrong.
Original URL: https://www.news.com.au/finance/economy/interest-rates/page/6