Big bank’s surprise call on cost of living
Westpac says the peak of the cost of living crisis could be behind us with the number of Aussies needing the bank’s help to pay their loans falling.
Westpac says the peak of the cost of living crisis could be behind us with the number of Aussies needing the bank’s help to pay their loans falling.
The tide is turning against the RBA, with experts from Australia’s biggest bank claiming the Board’s major interest rates excuse is “overdone”.
The Reserve Bank has made a major call on the potential impact of Donald Trump’s second presidency on the Australian economy.
One of Australia’s top finance experts has issued a grim warning about the economy – and shared a telling clue about what’s to come.
The Reserve Bank is sticking to its guns not to cut the official cash rate while inflation remains too high, despite growing pressure to do so.
The Reserve Bank is sticking to its guns not to cut the official cash rate while inflation remains too high, despite growing pressure to do so.
Holding rates at 4.35 per cent, RBA governor Michele Bullock has said what needs to be done for interest rates to come down, hinting it won’t be any time soon.
The sharemarket dipped lower on Tuesday as the RBA delivered some hawkish rhetoric on interest rates, even as the miners boomed on fresh Chinese support.
Homeowners struggling after missing out on a rate cut from the Reserve Bank today have been urged to “create their own rate cut”.
The Reserve Bank’s call to keep rates on hold has been barely affected by the recent decision in the US, but there are indicators of when they’ll be dropped, writes John Rolfe.
Treasurer Jim Chalmers has been urged to adopt a “crazy” new strategy if he really thinks the RBA is smashing the economy – simply overrule it.
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
More and more Australians are taking on multiple jobs to keep their heads above the water, but the issue runs deeper than just cost of living.
An economist has issued a dire prediction about the “really dangerous” interest rates in Australia on the eve of the Reserve Bank’s rates decision.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/18