Bad news for back-to-back rate cuts
Mortgage holders hoping for back-to-back rate cuts have taken a hit after the latest inflation figures were released.
Mortgage holders hoping for back-to-back rate cuts have taken a hit after the latest inflation figures were released.
Australians are weighing up taking on extra-long loan terms to reduce monthly repayments on their mortgages as cost pressures continue to bite.
Frustrated Aussie savers have been urged to get one up on banks who have left them in the dark by doing one thing.
The head of the world’s largest investment firm has called for a new type of mortgage that would represent a major shake-up in Australia’s housing market.
The Aussie sharemarket has snapped a three-day winning streak as consumer-facing stocks and an “unloved” mining sector drag the index lower.
Millions of Aussies are confronting a stark budget black hole, with an economic update exposing a serious $217bn breakdown in one state’s finances.
Australia’s weak dollar could see inflation tick up slightly, but it is unlikely to move the RBA on its next rate cut decision, a leading economist says.
A major bank has reduced its fixed-rate mortgages just weeks out from the Reserve Bank’s official rate-cut decision.
The Australian economy is expected to experience brighter days ahead off the back of expected interest rate cuts, but there is a massive catch for workers.
Cash-strapped Aussies holding out hope for some cost-of-living relief this year are set to be disappointed.
Australia’s unemployment rate rose slightly in December but still remains under the RBA’s forecasted figure, putting in doubt a rate cut for the first time in 17 months.
One of Australia’s big four banks has renewed its prediction for when the Reserve Bank will cut the cash rate, as spending dropped after the Black Friday sales.
Aussie households are increasingly worried about a weakening currency and their job outlook, as the wait for an interest-rate cut becomes unbearable.
Australia’s share market finished in the green on Tuesday, led by the major resources and property stocks, and a surprise report out of the US.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/11