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.
Three of the big four banks are “betting” on interest rates being slashed after making a big call, according to a finance expert.
Treasurer Jim Chalmers says the Albanese government and the Reserve Bank are aligned in the fight against inflation.
Finance Minister Katy Gallagher has acknowledged public spending was partly fuelling inflation, but is downplaying the federal government’s role.
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.
Australian shares surged on Friday to reach a fresh record just two days after closing at a previous all-time high.
The dream of owning your own home has motivated millions to save over generations, but the latest data on new loans for first home buyers suggests many Aussies are giving up.
After climbing to a record high on Wednesday, the share market lost ground as US Federal reserve chair Jerome Powell warned rate cuts by March were “unlikely”.
Home prices have experienced a slow start to the New Year, according to a new report, but steady interest rates may change that.
Home prices have experienced a slow start to the New Year, according to a new report, but steady interest rates may change that.
The share market hit a new high on Wednesday as better than expected inflation figures raised hopes of an end to interest rate hikes.
Inflation eased in the December quarter to its lowest level in two years, all but guaranteeing the Reserve Bank board keeps rates on hold.
Inflation eased in the December quarter to its lowest level in two years, all but guaranteeing the Reserve Bank board keeps rates on hold.
New inflation data released today has given the surest sign yet of whether the RBA will lift interest rates again when it meets next Tuesday.
Contrary to popular belief, buying this one thing right now could pay dividends in the long-run. The second half of this year could see prices rise dramatically.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/53