NewsBite

Household debt

Advertisement
Reserve Bank of Australia governor Michele Bullock.

Oops. Did the Reserve Bank get that last rate decision wrong?

With June’s labour force numbers out, the merry dance of predicting rate movements and second-guessing the central bank begins afresh.

  • Elizabeth Knight

Latest

Governor Michele Bullock is expected by all of the nation’s biggest banks to announce an interest rate cut next week.

We didn’t get that rate relief, but Australia remains the lucky country

By several measures Australia is sitting in a sweet spot relative to many – if not most – other countries.

  • Elizabeth Knight
Cocaine usage in Australia

What happens to house prices when the drug money tap is turned off?

Real estate valuations could take a significant hit as Australia prepares to stem the tens of billions of dollars being laundered through our housing sector.

  • Colin Kruger
Sydney’s preliminary clearance rate picked up to 67.5 per cent in the week to Saturday from 59.5 per cent a week earlier.

How Canberra’s most popular book might influence my hunt for a first home

Can two American journalists help me buy my first home? Probably not. But they’ve got an abundantly good idea.

  • Millie Muroi
Line drying has significant advantages over throwing clothes in the dryer.

Putting the washing out? Why the way you dry the clothes stirs so much debate

In a sun-filled country like Australia, the Hills hoist is a national icon. But is it always the best idea to hang your clothes on the line?

  • Mercedes Maguire
Mikaela Binns-Rorke, 21, and her mum, Natalie Binns are happy living under the same roof at Menai.

‘It would be weird if she left’: The pleasure and pain of adult kids at home

When the kids grow up but they don’t move out, parents may not know where the child stops and the adult starts. Here’s how to lay down the new family law.

  • Mercedes Maguire
Advertisement
In principle, negative gearing isn’t even a tax concession, so it shouldn’t be included in Treasury’s tax expenditure statement.

Australia’s inconvenient truth: Are we really in mortgage stress?

Despite the narrative of high interest rates crippling borrowers, most mortgage customers didn’t seize on the February rate cut to reduce their monthly payments.

  • Elizabeth Knight
Michele Bullock

Mortgage calculator: how much will this rate cut lower your repayments?

The Reserve Bank has cut the official interest rate for the second time in three months.

One Victorian has more than $400,000 in unpaid toll fines.

Twenty people. Nearly $6 million in fines. What went wrong?

Lawyers are calling on the government to announce an amnesty on penalty and enforcement fees attached to toll fines to stop people spiralling into unsustainable debt.

  • Daniella White and Broede Carmody
Banks must be more conservative when approving new credit limits from January.

Goodbye ‘Frank’: These are the new top credit cards in town

ME Bank may be closing its trailblazing low-rate credit card, but it is far from the cheapest option now anyway.

  • Nicole Pedersen-McKinnon

Original URL: https://www.smh.com.au/topic/household-debt-hor