Aussie bank makes astonishing rates call
One of Australia’s biggest financial institutions has reduced home loan interest rates, but there’s just one catch for potential customers.
Breaking News
Grim prediction for struggling Aussies
Australians will get no respite from paying high prices for everyday items, the Reserve Bank has warned.
ASX falls for third straight day
The ASX 200 fell by 0.8 per cent during Wednesday’s trading, as investors think through the implications of the second Trump presidency on Australia.
Proof it’s never been tougher to buy a home
Surging house prices in every Australian capital city show it’s the worst time in history to be trying to buy a home.
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Aussie homes ‘teetering’ on financial ruin
About 1 in 2 Aussie households are “teetering” on the brink of financial ruin as higher for longer mortgage rates force more families out of the market.
ASX falls after horrid day on Wall Street
The ASX closed down 0.50 per cent on the final trading down of the week, following a horrid day on Wall Street with big tech earnings falling sharply.
Blow as first-home buyers shut out
New homeowners are struggling to get into the market, with the issue likely to continue for years to come.
ASX falls 1.3 per cent in October
The ASX closed down 0.25 per cent as supermarket giants Coles and Woolworths announced weaker than expected sales.
Aussie tech darling worth more than Woolies
A homegrown tech unicorn has reached a huge milestone evaluation, making it worth more than Woolworths, Telstra and Coles.
‘Broken’: 1 in 5 Aussies retire in poverty
The number of Aussies retiring in poverty is rising, as the housing crisis and an unfair superannuation system hurts low-income households.
‘Emotional harm’: Shock claims against Optus
Australia’s consumer rights watchdog is suing Optus, alleging the carrier “exploited” vulnerable customers.
Grim warning for Australian economy
Stage 3 tax cuts and wage growth have only marginally lifted retail sales in Australia, sparking this warning.
‘Cross-shopping’ trend taking over Australia
Australians are finding new ways to save at the checkout, with more hunting around for the cheapest prices.
ASX falls on ‘fat chance of a rate cut’
The ASX closed down 0.8 per cent as investors factored in the unlikely chance of getting a rate cut following fresh inflation data on Wednesday.
Original URL: https://www.thechronicle.com.au/business/breaking-news/page/6