Fresh rate cut fears send ASX lower
Booking a four-day losing streak, the sharemarket fell to close out the week after investors were rattled by hotter-than-expected services and manufacturing data.
Booking a four-day losing streak, the sharemarket fell to close out the week after investors were rattled by hotter-than-expected services and manufacturing data.
While attempting to lay out the Coalition’s economic credentials, shadow Treasurer Angus Taylor confused the opposition’s cut-through line on migration.
One major Aussie bank has made a huge call about how people will use their tax cut cash boost in the coming months, warning not to expect a shopping spree.
Admitting the risks around an inflation rebound had increased, the RBA board was unwilling to rule out an additional rate hike.
THE Reserve Bank will keep a close watch on China’s stock markets and the Greek debt crisis to assess whether further rate cuts are needed.
WITH more Aussies struggling to buy their first home, experts have a scary prediction about what will finally bring property prices under control.
THE Reserve Bank of Australia has kept the official cash rate on hold at two per cent — and it’s likely to stay put until the end of the year.
THE RBA will keep a close watch on the economy in the coming months to assess whether more interest rate cuts are needed.
THE RBA has left the cash rate on hold at its historic low of 2.0 per cent, although economists have flagged a further cut could be on the cards for August.
JOHN Symond, who brought competition to the banking sector and cheaper mortgages for all, has his view on the future direction of interest rates.
THE banks are finally doing something that will favour first home buyers over investors — and it could mean a cheaper home loan for you.
HOME loan borrowers can relax for the first time since the global financial crisis with the latest forecast by economists to put a smile on your dial.
JOE Hockey says now is the time to borrow, borrow, borrow. But with concerns of a property bubble, investors are hearing mixed messages.
SOME of Australia’s biggest banks are under attack for failing to pass on in full to home loan customers the Reserve Bank’s interest rate cut.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/116