Dire warning of several rate hikes this year
The worst fears of household borrowers could soon be realised as the Reserve Bank grapples with stubbornly persistent price pressures.
Interest Rates
’Huge pressure’: Cost of living soars again
With recent data showing prices continue to soar, economists are split on the next move for interest rates but it isn’t looking good.
Aussie shares sink on inflation shock, hike fears
The Australian sharemarket tumbled on Wednesday after a shock inflation print sparked fears of a possible rate hike.
‘Stunning reversal’ needed to stop rate hike
A higher-than-expected inflation rate of 4 per cent for May has raised expectations the Reserve Bank will have to raise rates at its next meeting.
More Stories
‘Shock’: RBA’s latest warning to Aussies
The RBA has issued a stark warning to Aussies as the ongoing conflict between Israel and Hamas adds to inflation pressures.
Stubborn inflation could spell rate hike
Incoming data over the next three weeks will heavily influence the Reserve Bank’s decision on whether to hike rates on Melbourne Cup day.
ASX up despite fresh rate hike fears
The Aussie sharemarket shrugged off fears that interest rates could climb higher before the year’s end to finish in the green.
‘Significant concerns’: RBA’s grim warning
Despite ultimately keeping rates on hold, new RBA governor Michele Bullock considered another hike to the cash rate in early October.
Grim reality of mortgage spike revealed
The Reserve Bank has revealed a grim statistic showing the pain Aussie households are facing in paying their mortgages, after a punishing 12 rate hikes.
Grim sign for Aussie economy
China’s debt-ridden property sector and high interest rates across the globe point to bad news for the Aussie economy, the IMF has warned.
‘Threatening’: Big shock coming for Aus
Aussie homeowners are in line for two more massive interest rate shocks in 2023 and the impact could be far reaching.
Proof rental crisis is getting worse
Aussies are continuing to suffer from soaring rental costs as the national vacancy rate fell to a record low in September.
‘No cuts’: Horror call on Aussie economy
Australia’s cost of living crisis is hurting millions – and as calls to raise the cash rate gets louder, the futures market has made a shocking call.
ASX closes up, but down for the week
Financials and basic materials had the biggest gains in Friday’s trade, while energy, real estate, and utilities lead the losses.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/69