’Kick in the teeth’ for struggling Aussies
As the big four Australian banks continue making billion-dollar profits, more and more families are falling behind on their house payments.
Interest Rates
Huge step to reform ‘crucial institution’
Treasurer Jim Chalmers has called for support from the Coalition to create a separate Reserve Bank board that will solely be responsible for cash rate decisions.
Aussie shares extend ripping winning streak
The Australian sharemarket advanced for a 10th consecutive session on Thursday, marking the longest rally in stocks since 2015.
Why $100,000 a year isn’t enough anymore
Making $100,000 a year used to be a kind of salary holy grail for a lot of Aussies, but the country’s cost-of-living crisis has changed that completely.
Dire warning for ‘stagnant’ Aussie jobs
The Australian economy is growing at its slowest rate since a sharp recession in the early 1990s and it’s particularly bad news for white-collar workers.
Mining giant looks at Indonesia after collapse
Australia’s biggest mining company is reportedly looking at Indonesia’s nickel industry following the shut down of its vast nickel operations in Australia.
Big banks make major move on rates
Three of the big four banks are “betting” on interest rates being slashed after making a big call, according to a finance expert.
‘Aligned’: Chalmers fends off rift with RBA
Treasurer Jim Chalmers says the Albanese government and the Reserve Bank are aligned in the fight against inflation.
Canberra’s big call on inflation claim
Finance Minister Katy Gallagher has acknowledged public spending was partly fuelling inflation, but is downplaying the federal government’s role.
Industry risks collapse as cost crisis bites
With the rising cost of living stretching budgets further than ever, cost-conscious Aussies are cutting back. It’s left one key industry in a battle to survive.
‘Premature’: RBA chief’s grim rates call
In a fresh blow to Aussie homeowners, the Reserve Bank Governor has declared rate cuts are still too far away to think about.
‘No doubt’: Explosive CFMEU claims
Shocking claims about the controversial CFMEU have been made at a hearing into Australia’s cost-of-living crisis.
Aussie economy delivers shock jobs boost
The latest employment figures beat expectations, with the Australian economy adding tens of thousands of new jobs.
Big bank’s great news for homeowners
Australia’s biggest bank has just delivered some heartening news for struggling mortgage holders.
Grim sign for Australian workers
A massive employment platform has just delivered some bleak news to Aussie job hunters.
Aussies buckle under ‘wageflation’ pressure
Wages are exploding across Australia, but there’s a downside to the money bump.
‘Recession makers’: MPs clash on inflation
Senior government minister Bill Shorten has sparked a fiery debate with the opposition after he claimed the Liberal Party wants to put Australia in a recession.
Resilient consumer sector lifts Aussie shares
Bumper results from a bellwether retail giant injected renewed confidence into the Aussie sharemarket on Monday.
‘False prophets’: RBA deputy’s warning
A man at the top of the Reserve Bank of Australia has warned Aussies against “false prophets” who claim to know what will happen in the future.
Key state ‘struggling’ with cost of living
Not all Australians are feeling the same pressure from the rising cost of living, the RBA says, with one major state doing it tougher than others.
Key state ‘struggling’ with cost of living
Not all Australians are feeling the same pressure from the rising cost of living, the RBA says, with one major state doing it tougher than others.
‘Not on agenda’: RBA’s grim rate cut outlook
Mortgage holders have been given a reprieve after the Reserve Bank kept interest rates on hold at 4.35 per cent, but should not expect a cut anytime soon.
‘Not on agenda’: RBA’s grim rate cut outlook
Mortgage holders have been given a reprieve after the Reserve Bank kept interest rates on hold at 4.35 per cent, but should not expect a cut anytime soon.
Huge call made on interest rates
The Reserve Bank of Australia has revealed if homeowners will take another hit when it comes to their mortgage repayments.
Huge rates prediction ahead of RBA meeting
Mortgage payers have been warned against complacency, despite expected welcome news around Tuesday’s all important cash rate announcement.
Aussie shares sink on inflation shock, hike fears
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
‘Stunning reversal’ needed to stop rate hike
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
‘Stunning reversal’ needed to stop rate hike
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
Aussie shares leap higher in rebound rally
The Australian sharemarket notched a powerful rebound rally on Tuesday on the back of iron ore and oil price rises and a surge in banking behemoth Commonwealth Bank.
ASX slumps on iron ore, energy woes
The Australian sharemarket fell sharply in a ‘punchy session’ to start the week, dragged down by a selloff in the energy and materials sectors.
Group getting $3k tax cut revealed
Jim Chalmers has amped up his tax cut sell, revealing the group of Aussies expected to pocket an average of $3000 amid renewed concerns on the inflation fight.
‘Burnout’: Graph reveals worrying sign
For the average household things have scarcely been worse since records began in the 1970s, as the economy enters a dangerous and familiar phase.
RBA’s grim warning for Australians
While the central bank didn’t change rates at its latest meeting, it did flag an issue it fears could have a huge impact on Australians.
ASX gains to close out positive week
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
ASX dips in quiet trading after hawkish RBA
Hawkish remarks from the Reserve Bank haven’t rattled investors, with Wednesday recording a quiet day of trading following Tuesday’s strong advance.
Worst possible news for Aussie homeowners
Consumer and business confidence is in the “gutter” yet economists are warning interest rates still could be hiked again.
ASX climbs as RBA maintains rate hold
Snapping a two-day losing streak, the sharemarket rallied on Tuesday, propelled by financial and utilities stocks.
‘Need a lot to go our way’: RBA rate warning
Recent spending in state and federal budgets could impact demand, putting more pressure on inflation, the Reserve Bank has warned.
‘Need a lot to go our way’: RBA rate warning
Recent spending in state and federal budgets could impact demand, putting more pressure on inflation, the Reserve Bank has warned.
RBA announces new interest rate decision
There’s no mortgage relief on the horizon and now borrowers have been hit with an even worse doomsday prediction.
Major bank’s ‘unfair’ new mortgage offer
One Aussie bank is slashing lenders’ mortgage insurance for borrowers in some of the country’s richest suburbs – and not everyone is happy about it.
Major bank’s warning on rate cut risk
One major Aussie bank has made a major call on when the next rate cut will kick in – and it’s not all good news.
All the changes coming next month
From tax to minimum wage, the financial landscape for Australians will change dramatically from July 1. Here’s what’s coming.
Hidden detail in strong job figures
Even as last week’s GDP figures revealed the economy barely grew through the start of 2024, Australia’s jobs market remains red hot.
ASX extends losses as US rate decision looms
Ahead of the US Fed’s meeting on rates, the Australian share market has recorded a loss for the second day in a row.
When will interest rates fall?
As a quarter of the world’s central banks begin to cut interest rates, when is the RBA likely to do the same here?
Grim call on rate cuts in Australia
Freshly minted RBA deputy governor Andrew Hausen has said Australia’s central bank won’t be swayed by rate cuts in Europe and Canada.
Grim call on rate cuts in Australia
Freshly minted RBA deputy governor Andrew Hausen has said Australia’s central bank won’t be swayed by rate cuts in Europe and Canada.
Value of Aussie homes nears $11 trillion
The total value of Australia’s residential dwelling stock has set a new record, climbing to $10.7 trillion in the March quarter.
Value of Aussie homes nears $11 trillion
The total value of Australia’s residential dwelling stock has set a new record, climbing to $10.7 trillion in the March quarter.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/2