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.
Economy
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.
Sharemarket flat after profit slumps
The Australian Stock Exchange ended Wednesday flat after some of the country’s biggest companies reported some less than stellar results.
Bleak rates call nobody wanted to hear
Economists have dampened hopes that new inflation figures could lead to a sooner-than-expected rate cut, unless “something out of left field” happens.
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‘Ambitious’: Australia’s net-zero task laid bare
Private industry must pitch in with the government for Australia to hit net zero by 2050, according to the Treasurer.
Indian millionaire’s dire warning for Aussies
A multi-millionaire investor has warned Australians they could be in for a dire economic future for one simple reason.
ASX continues rebound for second day
Traders have ended the day on a high after poor results on the Australian share market earlier this week.
Shocking truth about your savings
A troubling detail about the amount of debt and savings among Australians has been revealed in new research.
‘Not new’: BHP defends $2m Voice donation
The chair of Australia’s biggest miner has defended the company’s $2m donation in support of the Voice to Parliament.
Grim warning for Aussie homeowners
A major economic health check recommends the Reserve Bank makes a major move on interest rates when the board meets next week.
Big miner’s bold project to feed the world
Australia’s biggest company is betting almost $24bn on a massive new project designed to keep a growing world fed and healthy.
Why more interest rate pain is on the way
After the most aggressive series of interest rate hikes in history, the Reserve Bank is now facing calls from a top global body to double down. Here’s what it means.
‘Breaking point’: Generations at war over tax
One of the government’s senior bureaucrats has warned the tax system is broken and an intergenerational war could flare between Australians.
RBA puts bank bosses on notice
Artificial intelligence, climate change, cyber attacks and a rapid-fire run on the banks, are among the emerging threats facing Australia’s banks.
Original URL: https://www.ntnews.com.au/business/economy/page/196