Aussie shares dip lower in cautious trading
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
The Australian sharemarket edged lower on Wednesday as investors opted for caution following days of political chaos.
Aussies are being hit with “extreme pressure” from the cost of living crisis with millions facing an impossible choice.
The Australian sharemarket has lifted to break a three-day losing streak on Tuesday on the back of an tech-led Wall St rebound.
One of Australia’s biggest banks has just delivered a big gift to Aussies desperate to lock down a home of their own.
Ahead of the RBA’s final board meeting for 2023, the Australian share market reached a 10-week high on Monday as fears of further rate tightening continue to fade.
Despite the continued cost of living squeeze and surging borrowing costs, the number of Aussies taking out new home loans jumped in October as fears of further rate pain dissipate.
The two major supermarkets will face questioning by a senate inquiry after soaring prices and record profits attracted criticism.
With the Aussie dollar sitting at three-month highs, it’s good news for those planning a trip to the US, but what’s driving the gains?
Despite latest figures showing a fall in inflation, borrowers are being told not to get “too carried away” about the effect it will have on rates.
After the largest and fastest series of interest rate hikes in Australia’s history, a top global economic body has offered some hope to struggling homeowners.
After fresh inflation data showed price pressures cooling faster than expected, the share market finished in the green on Thursday.
In welcome news for borrowers, price pressures eased in October ahead of the Reserve Bank’s final rates call for 2023.
The RBA governor has copped a lashing after insisting at an overseas jaunt that Aussies were “doing fine” despite 13 interest rate hikes.
New RBA governor Michele Bullock has made a frank admission, conceding borrowers are displeased with the central bank after its punishing rate hikes.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/61