How young Aussies can buy a home
While owning a home is getting harder in most parts of Australia, researchers have set out to find how young Aussies can climb onto the property ladder.
While owning a home is getting harder in most parts of Australia, researchers have set out to find how young Aussies can climb onto the property ladder.
Australia’s biggest bank says there may be some brief relief for those priced out of owning a home, but there could be a brutal side effect to cutting rates.
Nearly $50bn was wiped off the Australian sharemarket on Monday as fears of a trade war led by US President Donald Trump tariffs ripped through the local market.
Australia remains behind its ambitious target of 1.2 million new homes by 2029 despite a bounce in new housing approvals in December.
Australian households are within reach of desperately needed mortgage relief as lower inflation figures raise the prospects of an interest rate cut in February.
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
In welcome news for mortgage holders, a third major bank is now expecting a rate cut in February following lower-than-expected inflation data.
A new report suggests help is on its way for struggling homeowners who have had their mortgage increase in many cases by $12,000 a year.
Australia’s economy might be hitting a turning point on the back of better household spending – but economists are warning more work needs to be done.
Struggling borrowers could finally get a rate cut in February, with inflation tipped to fall faster than the Reserve Bank has been expecting.
The Treasurer has urged “confidence, not complacency” ahead of Wednesday’s new inflation data, which could lead the RBA into its first rate cut since 2020.
The Prime Minister says his government has “done all it can” to tame inflation to allow the RBA to cut rates and deliver households much needed relief.
The Prime Minister says his government has “done all it can” to tame inflation to allow the RBA to cut rates and deliver households much needed relief.
Two mining powerhouses are officially Australia’s best performing state economies, with one topping the list for the second time since 2014.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/2