Why younger savers are ignoring banks
Facing mounting student debts and the cost-of-living grind, younger people are getting savvier on who holds onto their money.
Interest Rates
Aussie shares jump on Fed cut fever
The local sharemarket lifted on Monday as buoyant investors cheered the prospect of a September rate cut in the world’s largest economy.
’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.
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.
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ASX marred by cost of living pressures
Major banks are also being impacted by the cost of living pressures and the results are playing havoc with the Aussie sharemarket.
ASX marred by cost of living pressures
Major banks are also being impacted by the cost of living pressures and the results are playing havoc with the Aussie sharemarket.
‘Life-changing’: Major sign for Aus economy
Treasury officials have signalled falling inflation and low unemployment rates as a positive sign for the nation’s future.
RBA warns inflation ‘still high’
The Reserve Bank’s head of economic analysis says inflation is expected to hit target range by 2025.
Threat to hold Albo’s big plan hostage
The future of one of Anthony Albanese’s key election promises hangs in the air as battle lines are drawn over the country’s housing crisis.
Housing tax Albo won’t touch
Labor won’t succumb to pressure to strip tax breaks away from investment property owners, according to the Treasurer.
Dutton’s big threat to Aussie workers
Peter Dutton has revealed plans to scrap a new law giving staff the right to ignore their bosses after hours.
ASX down overall for the week
It was a mixed day for the Australian sharemarket, which was down overall for the week.
RBA takes bet each way on rates future
The Reserve Bank governor says interest rates may need to go even higher if one thing doesn’t improve – as she offers a glimmer of hope for early reprieve.
RBA takes bet each way on rates future
The Reserve Bank governor says interest rates may need to go even higher if one thing doesn’t improve – as she offers a glimmer of hope for early reprieve.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/51