‘Burnout’: Graph reveals worrying sign
For the average household things have scarcely been worse since records began in the 1970s, as the economy enters a dangerous and familiar phase.
For the average household things have scarcely been worse since records began in the 1970s, as the economy enters a dangerous and familiar phase.
While the central bank didn’t change rates at its latest meeting, it did flag an issue it fears could have a huge impact on Australians.
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
Hawkish remarks from the Reserve Bank haven’t rattled investors, with Wednesday recording a quiet day of trading following Tuesday’s strong advance.
There’s bad news ahead for interest rates in the US but there’s a sign Australia may just escape the rates onslaught.
Despite positive figures on paper, people in one Australian city are feeling the pinch from soaring rents and massive mortgages – and things are tipped to get worse.
Employers and unions are at odds over a new jobs target after the government announced major changes to how Aussies work.
The true cost of some Aussie supermarket classics have been laid bare in a hearing into price-gouging.
‘Do what is necessary’: Aussies may not be in the clear when it comes to interest rate increases as a key expense threatens to derail inflation.
A spillover from China’s weak economy and surging petrol prices pose significant challenge to taming inflation, the RBA has cautioned.
All 11 sectors finished in the red on Monday, with the local benchmark dragged down by a sell off in tech stocks.
The share market soared on Friday as strong leads from Wall St and Europe and better-than-expected data from China lifted traders’ confidence about the global economic outlook.
The number of Aussies in work has hit a new high as fresh figures show more people are picking up part-time jobs.
Household spending growth has collapsed in the last 12 months as persistent price pressures and an aggressive round of rate rises forces families to tighten their belts.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/71