One thing propping up Aussie economy
As the Commonwealth Bank boss announced a profit slide, he said one thing was providing a “tailwind” for the Australian economy.
Interest Rates
Aussies skipping meals, eating out of bins
The Salvation Army says it is seeing an unprecedented number of people seeking help, with one mother describing her heartbreak over the housing crisis.
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.
Aussies’ credit card debt on the rise again
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.
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Bill Murray explains the Aussie economy
IF YOU’RE familiar with the movie Groundhog Day, you’ll totally get what’s just happened with interest rates in Australia.
RBA keeps interest rates on hold
AS WIDELY predicted, the Reserve Bank of Australia has left the cash rate at a historic low of 2.5 per cent for a 14th consecutive month.
Rates held at record low for a year
THE RBA has kept interest rates on hold despite rising inflation, stronger-than-expected retail sales and a brewing housing boom.
Baby boomers spend to the end
THINK you’ll come into some money once your parents pass on? Thanks to increasingly popular reverse mortgages, you may have to think again.
RBA leaves rates on hold at 2.5 per cent
THE Reserve Bank has opted to leave the official cash rate on hold in July at 2.5 per cent, in a move widely expected by economists.
Cash rate on hold at 2.5 per cent
THE Reserve Bank has opted to leave the cash rate on hold at 2.5 per cent in June, but borrowers are being warned to brace for rises in future.
RBA leaves rates on hold at 2.5 per cent
THE Reserve Bank has opted to leave the official cash rate on hold at 2.5 per cent in May in a move that was widely expected by markets.
Rate rip-off on credit cards
CREDIT card customers are being slugged with higher interest rates on plastic than they were before the nation’s series of rate falls.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/114