Why this day matters for a rate cut
The Reserve Bank of Australia has delivered a shock call on rates, with the woman at the top citing the release of quarterly inflation figures is key to the next cut.
The Reserve Bank of Australia has delivered a shock call on rates, with the woman at the top citing the release of quarterly inflation figures is key to the next cut.
The Reserve Bank of Australia has delivered a shock call on rates, with the woman at the top citing the release of quarterly inflation figures is key to the next cut.
Jim Chalmers said the shock decision by the Reserve Bank to hold the cash rate at 3.85 per cent was “not the result millions of Australians were hoping for”.
Australia’s sharemarket slumped during trading on Monday as investors await two key pieces of economic news, including the RBA’s rate decision.
Banks are slashing interest rates, but there is one bank offering savers a hefty 5.4 per cent on their money.
A major Aussie bank has signalled Australia has finally “beaten” inflation – but there’s a catch before struggling mortgage holders could see back-to-back rate cuts.
ASX investors have kept the ASX winning streak alive during Friday’s trading thanks to a surge in property and healthcare stocks.
Australia’s lenders are slashing mortgage rates, citing increasing competition, but struggling homeowners still need to do one thing.
Cautious Australian investors pushed the ASX slightly higher on Monday as they await news from negotiations on a US-China trade deal.
Cautious investors pushed the Australian sharemarket higher on Thursday on the prospect of a new Trump trade deal with the UK.
One of Australia’s biggest banks has delivered record revenues as its outgoing CEO praises ‘remarkably resilient’ Aussie households.
NAB predicts struggling mortgage holders will get some much-needed relief on the back of an outsized rate cut in May.
The two major parties have been accused of forgetting about nearly a third of all Australians in the build up to the federal election.
Struggling mortgage holders will get a rate cut in May, but are now tipped to get less over the rest of 2025, an industry expert warns.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/7