Economic growth grinds to a halt
Treasurer Jim Chalmers has acknowledged the economy is “barely growing”, after GDP increased by just 0.1 per cent in the first three months of 2024.
Interest Rates
RBA boss reveals what will spark rate hike
RBA governor Michele Bullock said the bank was watching one key figure in deciding if interest rates would increase again.
RBA boss reveals what will spark rate hike
RBA governor Michele Bullock said the bank was watching one key figure in deciding if interest rates would increase again.
Millions of Aussies set for pay rise
Australia’s workplace umpire has revealed its reasons for increasing the minimum wage for 2.6m workers by another 3.75 per cent.
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The signal that house prices may stall
THIS could be the one sign that the brakes may soon be applied to slow down the rate of soaring house prices.
Interest rates to rise, affect owner-occupiers
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.
‘Rain Man’ jailed over global scam
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.
RBA leaves cash rate on hold
THE Reserve Bank has left the official cash rate on hold at 2.0 per cent, but renters could soon be slugged with increases.
Interest rates won’t go much lower
LENDERS are continuing to drop their home loan interest rates — without any prodding from the RBA — but this is why they are unlikely to go much lower.
Is another rate cut on the cards?
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.
Are high house prices here to stay?
WITH more Aussies struggling to buy their first home, experts have a scary prediction about what will finally bring property prices under control.
Reserve keeps rates on hold
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.
Rates ‘appropriate’ at 2%, RBA says
THE RBA will keep a close watch on the economy in the coming months to assess whether more interest rate cuts are needed.
![VETTA NOM Aerial view of major roads cutting through housing developments in suburban Melbourne, Australia. [url=file_closeup?id=24341906][img]/file_thumbview/24341906/2[/img][/url]](https://content.api.news/v3/images/bin/916dc605569760c0df7d6495f58f3a23?width=650)
RBA leaves interest rates on hold
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.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/119