Major bank’s huge move on rates
One major bank has made a huge move on its fixed rates for home loan customers after the inflation rate eased slightly.
One major bank has made a huge move on its fixed rates for home loan customers after the inflation rate eased slightly.
A shocking number of Australians are being forced to spend nearly a third of their income on their mortgage.
Amid a cost of living crisis beleaguered Aussies have been warned to brace for an “economic horror show” up until Christmas.
Economists have dampened hopes that new inflation figures could lead to a sooner-than-expected rate cut, unless “something out of left field” happens.
A dramatic boom in US tech stocks overnight pushed the local share market higher on Friday.
A former RBA governor and a former treasurer have teamed up to slam the government over plans to remove a major design of the RBA in their shake-up.
A former RBA governor and a former treasurer have teamed up to slam the government over plans to remove a major design of the RBA in their shake-up.
The benchmark ASX 200 fell 0.74 per cent midweek, with a slump in mining stocks and ‘mixed results’ from supermarket giant Woolworths.
Annual wages growth has hit nearly 15-year highs, but the good news comes with a warning from one economist.
More rate hikes are still on the cards after the Reserve Bank revealed it considered whether to raise interest rates when it met earlier this month.
Rate cuts aren’t forecast until December 2024 but this prediction doesn’t tell the full story of what’s happening in Australia.
Australia’s biggest bank has raised mortgage holders’ hopes by predicting interest cuts will start rolling earlier than expected, with at least three reductions before Christmas.
Australia’s biggest bank has raised mortgage holders’ hopes by predicting interest cuts will start rolling earlier than expected, with at least three reductions before Christmas.
The Reserve Bank may not cut rates until next year, the CEO of Commonwealth Bank has warned in a break with his own economists.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/50