Major bank’s call on pending tax cut
One major Aussie bank has made a huge call about how people will use their tax cut cash boost in the coming months, warning not to expect a shopping spree.
One major Aussie bank has made a huge call about how people will use their tax cut cash boost in the coming months, warning not to expect a shopping spree.
Admitting the risks around an inflation rebound had increased, the RBA board was unwilling to rule out an additional rate hike.
The man leading Australia’s largest supermarket has defended his company’s profits, but also made a big call on helping struggling Aussies.
Admitting that the risks around an inflation rebound had increased, the RBA board was unwilling to rule out an additional rate hike.
Another big four bank has reacted to the latest RBA decision, as Aussies face the heaviest mortgage repayment burden in history.
Energy prices are expected to climb again next month and she hopes this new move will help to keep their costs lower than ever before.
Another major lender has announced that it will follow the Reserve Bank’s decision to increase interest rates on its home loans.
The RBA spent nearly $25,000 of taxpayers’ money on an exclusive dinner for Perth’s business elite hours after raising the cash rate.
RBA boss Philip Lowe refused to comment after he was awkwardly welcomed to a finance summit only a day after he served a blow to mortgage holders.
A day after interest rates were increased for the 12th time, the Reserve Bank boss has said Aussies should work more and spend less.
Homeowners will soon be forking out record-high amounts on their mortgages as the Reserve Bank warns there could still be more rate hikes to come.
The National Accounts figures cover the first three months of 2023, breaking down the spending habits of Australians.
An Aussie property investor has shared his struggle of paying two mortgages as interest rates rise – but he hasn’t received much sympathy.
Finance guru Mark Bouris says he is “filthy” about the RBA’s latest interest rate rise, saying it “could be the nail in the coffin” for homeowners.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/82