What Aussies are paying $8.8m a day on
Experts are urging Australians to get on top of their credit cards as the eye-watering post-Christmas debt grew again in February.
Experts are urging Australians to get on top of their credit cards as the eye-watering post-Christmas debt grew again in February.
While the benchmark edged only slightly higher, key members on the share market swung wildly in trading on Monday.
The amount average Aussies need to earn each week just to pay rent in some of the country’s most sought-after suburbs has been revealed.
Even as household budgets come under pressure, tens of thousands of Aussies took on additional debt in February, new data shows.
When talking mortgages, this is the most common argument trotted out by Boomers. But it doesn’t prove anything.
Nearly 900,000 Aussies could be in for bill shock when their cheap pandemic fixed-rate home loan expires by the end of the year.
A shift in how Aussie households are made up is only adding to a major rental crisis gripping the nation, Philip Lowe says.
The Reserve Bank has sounded the alarm on the amount Australian homeowners will soon be making in mortgage repayments.
A Sydney family are cutting back on subscriptions, shopping at Aldi and selling their Lexus for cash as their mortgage is set to double.
The RBA governor has warned interest rate rises are “not over” if inflation remains stubbornly high.
A major Aussie bank has shocked customers in their latest interest rate update after the Reserve Bank offered some relief.
The RBA has paused the cash rate for the first time in 10 months. And there are strong signs of what could happen next.
Homeowners were delivered some welcome relief this month but there are warnings they shouldn’t get comfortable with more “pain” coming.
The Reserve Bank of Australia has handed down its call on whether to lift rates for the 11th straight month.
Original URL: https://www.ntnews.com.au/business/economy/interest-rates/page/82