Hidden good news in wages growth slip
Workers, already under pressure from inflation, saw their wages slide last quarter but there is some good news for homeowners.
Workers, already under pressure from inflation, saw their wages slide last quarter but there is some good news for homeowners.
Despite a chorus of economists sharing concerns with the budget, the Treasurer is adamant his plan won’t make the cost of living crisis worse.
Aussie stocks lifted on Wednesday on the back of a mining rally fuelled by bourse heavyweight BHP.
One of Australia’s largest financial services providers is going cashless at its offices but has promised customers cash withdrawal fees from ATMs will be covered.
ANZ is the last of the big four banks to announce it is raising standard variable interest rates for home owners after NAB announced hikes this morning.
WESTPAC stands to make an extra $1.59m a day by raising interest rates on all home loans, in a strategic move made ahead of a likely Melbourne Cup rate cut.
THE chances of a rate cut by the Reserve Bank will increase if the major banks follow Westpac’s lead and lift home loan rates.
THE RBA has left the cash rate on hold for the fifth month in a row — but there’s a simple way you can still save hundreds.
ANZ has broken ranks with its major rivals to predict that stubbornly high unemployment will force the RBA to cut interest rates to a new low.
THE RBA has left the official cash rate on hold at two per cent today again. We explain what you should know if you’ve got a mortgage.
THIS could be the one sign that the brakes may soon be applied to slow down the rate of soaring house prices.
BEFORE, it was mainly the investors who copped it. Now, owner-occupiers are also in the firing range, and it’s going to get expensive.
TOM Hayes has never fit the profile of a greedy banker, let alone a criminal. That didn’t save him from a long prison sentence.
THE Reserve Bank has left the official cash rate on hold at 2.0 per cent, but renters could soon be slugged with increases.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/110