Grim reality of owning a home exposed
Australians wanting the security of home ownership will be rocked by these figures showing just how easier it was a decade ago.
Australians wanting the security of home ownership will be rocked by these figures showing just how easier it was a decade ago.
RBA Governor Michele Bullock has taken a thinly veiled shot at the government after yesterday’s decision to keep interest rates on hold.
Experts have issued a warning as shocking figures expose just how hard it is for Aussies to get ahead during the cost-of-living crisis.
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 amount average Aussies need to earn each week just to pay rent in some of the country’s most sought-after suburbs has been revealed.
Even as household budgets come under pressure, tens of thousands of Aussies took on additional debt in February, new data shows.
Even as household budgets come under pressure, tens of thousands of Aussies took on additional debt in February, new data shows.
With the benchmark finishing in the red for three of the past four sessions, the sharemarket dipped 1.6 per cent this week.
After a sharp sell-off during Wednesday’s session, the sharemarket unwound some, but far from all, of its losses on Thursday.
With Australians facing a cost of living squeeze, households devoted more of their budgets towards the essentials.
Australia’s 2.6 million small and medium businesses could be key to unlocking the next wave of productivity growth.
Taking its lead from Wall Street, the local benchmark slipped as rate cut expectations continued to unwind.
A pivot from the Reserve Bank could mean hopeful homeowners could have their borrowing power surge by thousands.
A pivot from the Reserve Bank could mean hopeful homeowners could have their borrowing power surge by thousands.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/42