ASX snaps grim days-long losing streak
The ASX has surged back and broken a days-long losing streak – after better than expected inflationary data out of the US sent markets higher around the world.
Interest Rates
Major bank’s cost-of-living warning
A leading bank is expecting a spike in electricity prices until July 2025 putting further pressures on Australians.
Major change to Aussie cash revealed
A major change to Aussie cash could be on the cards – which would essentially keep cash in the Australian system despite the dominance of card payments.
Grim update as ASX sell-off continues
The ASX has tumbled to a new low after markets continued to sell off, with investors factoring in a less-than-favourable decision in the US.
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‘Spending more’: Infuriating rate hike truth
Damning new figures have revealed that the RBA’s brutal interest rate hikes are hurting one group of Aussies – while others live it up.
Grim reality for Aussie businesses
Aussie businesses have been hit with a grim forecast for the year unless consumers change their spending habits.
RBA refuses to rule out more rate hikes
The Reserve Bank of Australia is steadfast in its fight against inflation, even if it means mortgage holders will pay even more in the coming months.
‘Pretty crazy’: RBA’s bizarre move exposed
Inflation has “crashed” – but the RBA is still “misreading” the signals and leaving struggling Aussie homeowners in limbo. What gives?
RBA makes call on mortgage stress
Aussie mortgage holders are in theory the most exposed to interest rates rises in the world, yet there is little evidence of a mortgage cliff, the RBA said.
‘Pushed further’: RBA call we were dreading
We were all but promised a rate cut in 2024, but now, that’s looking like a pipe dream. And Donald Trump could be partly to blame.
The day a boomerang took out the RBA’s new deputy
British economist Andrew Hauser has been brought in to change the RBA’s culture. Here he reveals how he plans to do it – and that he was once knocked out by a boomerang. See the video.
Bank confirms worst news for homeowners
One of Australia’s big four banks has made a bold prediction about the future of interest rates, and it’s even worse than expected.
Aussies worse off since 2022: report
A report into the cost-of-living crisis facing households says they are worse off now than two years ago, with pleas for Anthony Albanese to call an urgent meeting.
Aussie bank makes astonishing rates call
One of Australia’s biggest financial institutions has reduced home loan interest rates, but there’s just one catch for potential customers.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/6