Stocks drop as rate cut jitters return
With the benchmark finishing in the red for three of the past four sessions, the sharemarket dipped 1.6 per cent this week.
With the benchmark finishing in the red for three of the past four sessions, the sharemarket dipped 1.6 per cent this week.
After a sharp sell-off during Wednesday’s session, the sharemarket unwound some, but far from all, of its losses on Thursday.
With Australians facing a cost of living squeeze, households devoted more of their budgets towards the essentials.
Australia’s 2.6 million small and medium businesses could be key to unlocking the next wave of productivity growth.
Nearly 900,000 Australians are facing a big shock as their cheap fixed-rate home loan period expires – regardless of what the RBA does today.
The signs are already there that higher interest rates are going to come sooner than expected.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/83