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.
Despite forecasting a second consecutive surplus, Tuesday’s budget will show the nation’s finances falling further into the red from next financial year.
A former Labor strategist has warned the federal government that without a bold policy vision in the budget voters could ditch the major parties.
Australian shares were flat on Monday before important inflation data is released midweek.
With family budgets coming under further strain, consumers heavily wound back on spending on non-essential items in April.
IF YOU’RE familiar with the movie Groundhog Day, you’ll totally get what’s just happened with interest rates in Australia.
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.
THE RBA has kept interest rates on hold despite rising inflation, stronger-than-expected retail sales and a brewing housing boom.
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.
THINK you’ll come into some money once your parents pass on? Thanks to increasingly popular reverse mortgages, you may have to think again.
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.
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.
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.
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