‘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.
Find the latest news and finance updates for the Reserve Bank on Australia, from cash rate increases to economic forecasts.
It’s only going to get worse for Aussie savers already on their knees after the Reserve Bank’s decision to cut interest rates.
Almost everyone was celebrating when the RBA cut rates this week, but there was one ominous detail that shows how far we’ve fallen.
The RBA will be closely following the unemployment level after the central bank cut rates for the first time in four years on Tuesday.
Aussie households are feeling the pinch, with a single rate cut unlikely to relieve them of their mortgage stress.
Homeowners and others will get relief from today’s rate cut but it will also strike a blow to some already struggling sectors.
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.
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.
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.
Landlords have revealed how the property market will become temporarily “frantic” after today’s rates decision.
Under-the-pump Australian homeowners have received a rate cut, but Michele Bullock has delivered a stark two-word warning about the future.
Unions and interest groups ratcheted up the pressure on the Reserve Bank ahead of its decision to cut interest rates.
As homeowners celebrate the Reserve Bank’s decision to cut the cash rate, experts have crunched the numbers on what it means for the average Aussies.
Even though the RBA has cut interest rates, there are thousands of Australians doing vital work for the nation that are facing a grim reality.
Mortgage holders celebrating today’s long-awaited rate cut by the RBA might not be smiling for long, a leading economist has warned.
The Reserve Bank’s big call on interest rates could set the scene for Anthony Albanese to make a big decision himself.
Peter Dutton and several Labor MPs have urged the RBA to take action amid predictions homeowners are set to receive their first cut in four long years.
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.
One of Australia’s biggest banks has laid out the expected impact on the housing market of the Reserve Bank cutting interest rates, and some are in for a shock.
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.
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More than one million households are living in mortgage or rental stress — and Tuesday’s Reserve Bank of Australia could be ‘make or break’ for many of them. See the state’s most stressed postcodes.
Long-suffering homeowners could be set for home loan repayment relief in as little as days. Experts have revealed what you should do after the Reserve Bank meets on Tuesday.
Banks are cutting one particular offering as they gear up for the Reserve Bank of Australia to do the same to the cash rate.
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.
A second big four bank has joined National Australia Bank in slashing its interest rates on fixed loans less than a week before the Reserve Bank is due to meet this month.
Another major financial institution has changed its rates ahead of the Reserve Bank of Australia’s decision on the official cash rate.
A cut in interest rates expected to be announced in just days will drive some of the biggest household savings ever due to a quirk in the housing market from Covid.
Australian homeowners could be the big winners if the Reserve Bank of Australia does what is expected later this month.
The money markets are rapidly backing the idea that the Reserve Bank will cut interest rates when they meet in a weeks’ time.
How much mortgage holders in every Queensland suburb will save on their repayments after one, two, three or four interest rate cuts. INTERACTIVE
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.
Mortgagees could save anywhere up to $600 a month if interest rates are cut following the Reserve Bank of Australia’s first meeting later in February. SEE HOW.
See which Geelong suburbs will be the biggest winners, saving up to $210 a month, once the Reserve Bank starts slashing interest rates. SEARCH YOUR SUBURB
A big four bank has become the first to slash interest rates ahead of the Reserve Bank’s meeting – with more cuts expected to follow.
One of the big four banks has made a major call ahead of any Reserve Bank of Australia decision to cut the cash rate.
All four of the big banks now agree on when the Reserve Bank board will cut interest rates following welcome inflation data this week.
Australians are still feeling the pinch of cost-of-living rises even though the rate of inflation is slowing.
Hope has emerged for homeowners after a surprise economic finding that’s paved the way for the RBA to cut interest rates – but any relief will come with a catch.
Struggling borrowers could finally get a rate cut in February, with inflation tipped to fall faster than the Reserve Bank has been expecting.
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.
A huge number of Aussie households have said they are desperately needing a rate cut when the Reserve Bank next meets.
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.
A major bank has reduced its fixed-rate mortgages just weeks out from the Reserve Bank’s official rate-cut decision.
Experts are forecasting the property market could look very different once the RBA starts to drop interest rates. Here’s how a February rate cut could shape the year ahead.
As Australians deal with cost-of-living pressures, these unpopular fees are collectively setting families back hundreds of millions of dollars per year.
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.
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.
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.
Struggling Aussie homeowners could get a rate cut sooner rather than later as the Reserve Bank says it is “increasingly confident” about a reduction.
In the biggest reform to the RBA in more than three decades, Jim Chalmers has revealed the new names tasked with determining the cash rate.
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.
The Reserve Bank has made a major call on the potential impact of Donald Trump’s second presidency on the Australian economy.
The Reserve Bank’s latest interest rates decision is expected to drive a desperate move from struggling homeowners that could shift the housing market.
Homeowners desperate for some rate relief will need to wait until 2025, as the Reserve Bank of Australia held official interest rates for the ninth time in a row.
Struggling Aussies have gotten no relief from the RBA before Christmas and it is going to cost you more than you realise.
The RBA board will meet on Tuesday and announce the final cash rate decision for 2024 later in the day.
Mortgage holders and business owners should not hold their breath for any interest rate relief on Tuesday.
Aussies have been hit hard by the Reserve Bank’s brutal interest rate hikes – and now, a very weird pattern has started to emerge.
The big four bank is the latest institution to push out its timeline for a Reserve Bank interest rate cut, as customers start spending their stage 3 tax cuts.
The RBA governor surprisingly came out in support of Australia’s big spending budget saying the economy “would be worse without it”.
The RBA has been warned there could be a new issue for the housing market if it doesn’t change course following the publishing of alarming new data.
Inflation is “collapsing” in Australia – but the Reserve Bank just keeps on making the same mistake, as the rest of us suffer.
Black Friday is tipped to be one of the best sales events on record, but a leading economist warns it is not a sign that household pressures are easing.
The Reserve Bank will be hard-pressed to cut interest rates before May, here’s a breakdown of why.
The Reserve Bank of Australia is steadfast in its fight against inflation, even if it means mortgage holders will pay even more in the coming months.
Aussies are doing what the Reserve Bank of Australia is asking and cutting back on spending, but they might need to wait nine months for a reduction on their mortgage.
We were all but promised a rate cut in 2024, but now, that’s looking like a pipe dream. And Donald Trump could be partly to blame.
Australians will get no respite from paying high prices for everyday items, the Reserve Bank has warned.
The central bank says if incoming US President Donald Trump were to impose his promised tariff on China, there could be big consequences for Australia.
The Reserve Bank has more bad news for Australians, warning workers the job market is about to get tighter and wages growth to decline.
Homeowners desperate for some relief were left disappointed as the Reserve Bank of Australia held interest rates for the eighth time in a row.
The Reserve Bank of Australia has been blasted over its latest refusal to cut interest rates, with claims the move “makes no sense”.
Aussies have reduced spending in line with Reserve Bank expectations, but it’s not enough to spark a rate cut.
The RBA has announced its latest decision on the direction of interest rates, but it creates a surprising dilemma for anyone who wants a home.
Nearly a million Aussies have refinanced their loans as the Reserve Bank of Australia is tipped to hold interest rates higher for longer.
Homeowners with an average mortgage could save $100 a month if the Reserve Bank cuts interest rates today.
Close to half of Aussie households with a mortgage are staring down a major problem with their loans after recent lending policy changes.
New inflation figures could change the outlook for interest rates, but the RBA has also been warned there could be a new issue for the housing market if a cut doesn’t come soon.
Inflation figures have fallen to a three-year low, but the chances of the Reserve Bank cutting rates before Christmas have been revised.
Original URL: https://www.news.com.au/topics/reserve-bank/page/2