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.
Interest Rates
‘Outright stupid’: RBA ‘has cornered itself’
Yesterday’s huge inflation update was a great result for Australians – but it still might not be enough to save us from the RBA.
‘Cornered’: Election piles heat on RBA
The Queensland election result is set to widen the already yawning gulf between the government in Canberra and the RBA.
‘No free for all’: Jim’s message to Aussies
Treasurer Jim Chalmers says inflation has halved since Labor took office but more work needs to be done but Aussies doing it tough shouldn’t expect a cash splash.
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Fresh rate cut fears send ASX lower
Booking a four-day losing streak, the sharemarket fell to close out the week after investors were rattled by hotter-than-expected services and manufacturing data.
‘Shambolic’: Coalition muddies migration
While attempting to lay out the Coalition’s economic credentials, shadow Treasurer Angus Taylor confused the opposition’s cut-through line on migration.
Major bank’s call on pending tax cut
One major Aussie bank has made a huge call about how people will use their tax cut cash boost in the coming months, warning not to expect a shopping spree.
RBA keeps door open to another rate hike
Admitting the risks around an inflation rebound had increased, the RBA board was unwilling to rule out an additional rate hike.
Woolies boss’ big call on monster profits
The man leading Australia’s largest supermarket has defended his company’s profits, but also made a big call on helping struggling Aussies.
RBA keeps door open to another rate hike
Admitting that the risks around an inflation rebound had increased, the RBA board was unwilling to rule out an additional rate hike.
Dutton makes huge migration promise
The Coalition will ban foreign investors and drastically reduce migration numbers in a pre-election pitch that has accused Labor of being “disconnected” to everyday Australia.
Grim rental effect of Aussie WFH trend
The rise of Australians with their own home office has contributed to Australia’s rental property shortage, a senior RBA official has warned.
Fresh sign of interest rate cut
Stoking the case for rate cuts this year, the unemployment rate moved sharply higher in April.
Grim news coming for interest rates
Debate is swirling that the budget is “smoke and mirrors” and a cash splash risks interest rates being hiked or staying higher for longer.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/34