How Aussies giving themselves a rate cut
Nearly a million Aussies have refinanced their loans as the Reserve Bank of Australia is tipped to hold interest rates higher for longer.
Nearly a million Aussies have refinanced their loans as the Reserve Bank of Australia is tipped to hold interest rates higher for longer.
Homeowners desperate for some relief will learn tomorrow whether interest rates will be slashed. This is what the banks are saying.
About 1 in 2 Aussie households are “teetering” on the brink of financial ruin as higher for longer mortgage rates force more families out of the market.
Yesterday’s huge inflation update was a great result for Australians – but it still might not be enough to save us from the RBA.
The Reserve Bank’s call to keep rates on hold has been barely affected by the recent decision in the US, but there are indicators of when they’ll be dropped, writes John Rolfe.
Treasurer Jim Chalmers has been urged to adopt a “crazy” new strategy if he really thinks the RBA is smashing the economy – simply overrule it.
The Australian sharemarket tumbled on Monday as supermarket giants Coles and Woolworths retreated on the ACCC’s bombshell legal move.
More and more Australians are taking on multiple jobs to keep their heads above the water, but the issue runs deeper than just cost of living.
An economist has issued a dire prediction about the “really dangerous” interest rates in Australia on the eve of the Reserve Bank’s rates decision.
Leading Australian economists say the RBA will deliver a gift to cash-strapped households in February, but one key player is holding firm on a rate cut this year.
The world’s biggest economy has just cut interest rates by a “jumbo” 50 basis points. Here’s what that means for Australia.
The Australian sharemarket booked a fresh record high on Thursday as investors celebrated the US Fed’s “jumbo” rate cut.
The local sharemarket traded flat on Wednesday as investors moved cautiously before Thursday morning’s pivotal Fed rate cut decision and the release of key jobs data.
The rate cut rally in Australian shares continued on Tuesday, with the local bourse hitting fresh highs once again as it booked a fourth consecutive session in the green.
Original URL: https://www.themercury.com.au/business/economy/interest-rates/page/9