Grim warning for Australia’s living standards
Aussies are getting poorer and it seems unlikely to change in the near future – but it may not be all bad news, according to industry figures.
Aussies are getting poorer and it seems unlikely to change in the near future – but it may not be all bad news, according to industry figures.
A weakening Aussie dollar could see import prices rise, adding further pressure on the RBA to hold rates higher, experts have warned.
Experts have offered their outlooks for the economy in 2025, and while there’s some good news, there will be continued pain to come for many.
The International Monetary Fund has poured cold water on a key housing policy which would make it easier for first-home buyers to get a loan.
Australia’s competition watchdog has made a huge decision on a proposed change to Chemist Warehouse that will affect millions of Aussie pharmacy customers.
One of Australia’s biggest banks has warned of a “challenging” time for customers as it releases its full-year results.
Aussie shares rallied on Wednesday as the US vote count rolled in showing former President Donald Trump on a clear pathway to victory.
Homeowners desperate for some relief were left disappointed as the Reserve Bank of Australia held interest rates for the eighth time in a row.
Homeowners desperate for some relief were left disappointed as the Reserve Bank of Australia held interest rates for the eighth time in a row.
The Australian sharemarket slipped on Tuesday ahead of Wednesday’s seismic US Presidential election.
The Reserve Bank of Australia has been blasted over its latest refusal to cut interest rates, with claims the move “makes no sense”.
Aussies have reduced spending in line with Reserve Bank expectations, but it’s not enough to spark a rate cut.
Aussies have reduced spending in line with Reserve Bank expectations, but it’s not enough to spark a rate cut.
Nearly a million Aussies have refinanced their loans as the Reserve Bank of Australia is tipped to hold interest rates higher for longer.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/11