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Interest rates

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The number of bidders at auction has been rising.

Why it’s the toughest time to buy a home in the past 18 months

Weeks ahead of the traditional spring peak, buyers face competition from rival bidders who are acting decisively now.

  • Emily Power

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RBA governor Michele Bullock explained the 6-3 split in the bank over its decision to hold interest rates steady in July. But data since suggests it may cut in August.

Australia risks becoming a ‘welfare state’ without spending, productivity fixes

The Reserve Bank was split on a rate cut at its last meeting – now the minutes reveal why six board members voted against change.

  • Shane Wright
Wall Street is brushing off the effects of the Trump chaos.

The world is more scared of Trump than America is

The Trump circus is in full swing, but Wall Street is surprisingly brushing it off.

  • Stephen Bartholomeusz
Justin Flowers, a 52-year-old Maribyrnong local who runs his own graphic design business, cannot get a bank loan to buy an appropriate house for his family due to his age, but his savings prevent him from accessing other government assistance.

Justin has $300,000 in the bank but can’t get a home loan

He’s among many Australians getting closer to retirement who are trying to solve the puzzle of owning a home that suits their life.

  • Caroline Zielinski
A fully-formed monthly inflation report will start from November, helping the Reserve Bank set interest rates.

Australia to finally get monthly insight into inflation pressures

From November, Australia will join the global norm and produce full monthly inflation reports to help guide the RBA

  • Shane Wright
In February, Reserve Bank governor Michele Bullock called the prospect of consecutive cuts “unrealistic”.

Why do we keep expecting rate cuts, even when the RBA tells us not to?

Holding out hope for something that we’ve been told is unlikely to happen is, psychologically speaking, only human. But it’s unfair to get grumpy with the RBA about it.

  • Victoria Devine
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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
The unemployment rate rose to 4.3 per cent in June, the fourth month in a row the unemployment rate has lifted.

Unemployment at four-year high heaps pressure on RBA to ‘not make same mistake twice’

An unexpected increase in the jobless rate has put the spotlight back on the Reserve Bank after its recent decision to hold interest rates.

  • Shane Wright
Powell and Trump

Out for blood: Trump’s reckless witch-hunt could trigger financial chaos

The president is getting increasingly desperate as he looks to push out the head of the Federal Reserve. If he is successful, the consequences will be severe.

  • Stephen Bartholomeusz
Property investors are buying in Warrnambool, and demand is spilling to nearby towns.

The new type of regional town that’s booming

Property prices have jumped by double digits to record highs in a string of regional areas, but not Byron Bay or Torquay.

  • Elizabeth Redman

Original URL: https://www.theage.com.au/topic/interest-rates-5yo