Inflation figures to give big hint on rates
The June quarter inflation data will be released on Wednesday morning, giving pundits a clearer idea of whether the RBA will seek to hike rates next week.
The June quarter inflation data will be released on Wednesday morning, giving pundits a clearer idea of whether the RBA will seek to hike rates next week.
The sharemarket retreated on Tuesday on the back of a sharp mining slump.
New data shows building approvals have stuck at near decade lows despite a modest uptick in the first half of the year, with NSW dragging down other states.
Aussie shares booked a positive session on Monday on the back of a relief rally from Wall St on Friday.
While the Australian share market lost ground on Monday, led by a fall in real estate stocks, billions worth of deals were lobbed or closed.
Australia’s cost-of-living crisis will remain a core pressure point for the Albanese government in the new year.
In a week dominated by expectations of rate cuts from the US Federal Reserve in 2024, a rally in mining and energy stocks pushed the benchmark to a 20-week high on Friday
The banks are ripping off savers, the competition watchdog has found, with customers struggling to get the best possible returns.
An Australian bank has delivered a surprising gift to new home hunters just before Christmas.
The Aussie share market finished sharply higher on Thursday after the US Federal Reserve kept rates on hold and signalled cuts in the months ahead.
Despite the labour market showing some signs of cooling, a bumper 61,500 new jobs were added in October.
Swelling government tax revenues from soaring commodity prices and low unemployment has pushed down the budget deficit to a razor-thin margin.
Ahead of key US inflation data to be released on Wednesday night, the ASX finished higher for the third day in a row, buoyed by a rise in interest rate sensitive stocks.
With cash use in freefall and distribution services becoming increasingly unviable, RBA governor Michele Bullock is racing to fix the problem.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/59