ASX gains to close out positive week
Australian equities rose modestly on Friday to cap off a positive week buoyed by Wall St gains.
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.
Consumer and business confidence is in the “gutter” yet economists are warning interest rates still could be hiked again.
Snapping a two-day losing streak, the sharemarket rallied on Tuesday, propelled by financial and utilities stocks.
WHILE the RBA has left the cash rate on hold, home loan customers are being urged to prepare themselves for future rate rises that will see many deals hiked.
NATIONAL Australia Bank and Westpac have raised interest rates on some variable mortgages, leaving borrowers conflicted on whether to lock in.
WESTPAC, ING and National Australia Bank’s online division are raising home loan interest rates — with more banks expected to follow.
US FEDERAL Reserve Chair Janet Yellen has given her strongest indication yet that interest rates will rise in December.
ANALYSIS: AS the RBA left interest rates on hold on Melbourne Cup day, there are five things that are a sure bet when it comes to home loans.
AS WIDELY expected, the Reserve Bank has left the official cash rate on hold at 1.5 per cent. Here’s why that’s a good thing for the property market.
A DOWNGRADE of Australia’s AAA rating is almost certain, so what does this mean for consumers and interest rates?
A MAJORITY of home loan customers have no idea what interest rate they are paying which could see them wasting thousands of dollars a year.
IT’S good news for home owners as the Reserve Bank keeps interest rates on hold. But borrowers are being urged to go on the hunt for a better home loan deal.
HOME loan customers are surging ahead on their repayments and new figures show some borrowers are nearly three years ahead.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/114