Boost for mortgage holders as inflation rate dips
In welcome news for mortgage holders, a major bank has declared a July rate cut is a done deal on the back of weaker than expected inflation figures.
In welcome news for mortgage holders, a major bank has declared a July rate cut is a done deal on the back of weaker than expected inflation figures.
In welcome news for mortgage holders, a major bank has declared a July rate cut is a done deal on the back of weaker than expected inflation figures.
In another blow for people trying to save, a major bank has cut the interest rate on a popular account for the second time in a month.
Businesses are finally getting on top of cost-of-living pressures, with the number of companies struggling to make payments dropping.
A July rate cut remains on the cards, but Aussie households could still be impacted by another hit to the cost of living.
In good news for borrowers, a big four bank has slashed variable interest rates as competition between lenders heats up.
Struggling mortgage holders may have to wait a little longer for interest rate relief, a big four bank’s economist warns.
Australians are more worried about their jobs, the family finances and the broader Australian economy due to the US President Donald Trump’s tariff policy.
A trend that started after the Covid pandemic is continuing, with a huge number of Australians taking on multiple roles to deal with the cost of living.
Australians remain cautious with their money, with only a slight bump in spending in April despite two long weekends in a row.
The Australian economy has slowed but a chief economist has predicted when there will be four rate cuts as the Albanese government faces weak productivity growth.
The fallout from US President Donald Trump’s tariffs could have a severe impact on the Australian economy, worst-case modelling from the RBA reveals.
Australia’s economy is showing more signs of weakening ahead of GDP figures being released on Wednesday.
A major bank has announced it will take the axe to its fixed rate home loans on Friday.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates