Chalmers to unveil big surplus surprise
Despite forecasting a second consecutive surplus, Tuesday’s budget will show the nation’s finances falling further into the red from next financial year.
Interest Rates
Warning to Albo: Go big or risk majority
A former Labor strategist has warned the federal government that without a bold policy vision in the budget voters could ditch the major parties.
ASX flat as investors eye inflation data
Australian shares were flat on Monday before important inflation data is released midweek.
Consumers keep wallets shut in April
With family budgets coming under further strain, consumers heavily wound back on spending on non-essential items in April.
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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.
Mortgage firms at war for your loan
BORROWERS can snare a mortgage rate of below 4 per cent — some of the lowest in half a century — as the lending war intensifies, writes Jessica Irvine.
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/119