ASX edges higher on tech, property rally
A rally in interest rate sensitive stocks on Wednesday pushed the sharemarket into the green for a fifth consecutive session.
A rally in interest rate sensitive stocks on Wednesday pushed the sharemarket into the green for a fifth consecutive session.
Aussies are owing almost $18bn in credit card debt, with experts warning it could get worse in the wake of the Reserve Bank’s latest interest rate decision.
Warning that the RBA would not hesitate to pull the trigger on further rate hikes if needed, Governor Michele Bullock revealed rate hikes had been considered.
Warning that the RBA would not hesitate to pull the trigger on further rate hikes if needed, Governor Michele Bullock revealed rate hikes had been considered.
After growing up in a pandemic and facing a cost of living crisis, Gen Z are choosing to do interesting things with their money compared to other generations.
NAB customers will find an update from the bank’s CEO in their inbox, as he warns of “a growing problem in Australia”.
Australian homeowners have been dealt a fresh blow as the Reserve Bank released the minutes from its board meeting earlier this month.
Millions of Aussies with student loans have been warned to brace themselves for a “super-sized” increase to their debt in the coming months.
Interest rates may have stabilised but that doesn’t mean mortgages will. And it all goes to prove why Australia is the worst place to have a mortgage.
A major Australian bank has locked in fresh rate increases, days after warnings the country is one of the most at-risk globally to face widespread mortgage defaults.
Australians with mortgages have just been lumped with more bad news as they are trying to enjoy the first month in nearly a year where the RBA paused rates.
There’s more pain for new homeowners as one of Australia’s biggest banks announces new rate hikes on its home loan repayments.
Aussies struggling with the cost of living have been issued a dire warning as one economist predicts a major collapse in household incomes.
Frustrated homeowners have been saying the same thing for months – and now, the RBA has finally owned up to a major error.
Original URL: https://www.thechronicle.com.au/business/economy/interest-rates/page/89