A recent study has revealed that a significant number of Australians may consider extending their mortgage terms to alleviate the burden of hefty monthly repayments. Specifically, one in three respondents …
National
Cost of Living
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- National
RBA Acknowledges Delayed Response to Surge in Inflation, Cautions Australians Against Expecting Further Rate Cuts
by adminIn a recent admission, Reserve Bank of Australia (RBA) Governor Michele Bullock acknowledged that the bank was slow to respond to rising inflation by increasing interest rates. Reflecting on past …
- Finance
Westpac Lowers Interest Rates as Banks Gear Up for ‘Mortgage Wars’ Amid Anticipated RBA Rate Cut
by adminBanks may quickly lower mortgage rates to attract borrowers if the Reserve Bank of Australia (RBA) implements an expected interest rate cut today. The RBA’s first cash rate meeting of …
- Cost of Living
Streamlining Building Regulations Key to Driving ‘Substantial Change’, Says Productivity Commission
by adminAustralia’s housing construction sector faces significant challenges due to protests, pandemics, and shortages of skills and materials. A recent report from the Productivity Commission calls on local, state, and federal …
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Mortgage holders are keenly anticipating the Reserve Bank of Australia’s (RBA) upcoming meeting, where a cash rate cut is predicted for the first time in five years. The RBA will …
- Cost of Living
Souled Out Music Festival Axed Over a Week Before It Was Set to Take Place Due to ‘Ongoing Challenges’
by adminThe Souled Out music festival, featuring an impressive line-up including Don Toliver, Jhene Aiko, and Vince Staples, has been cancelled just over a week before its scheduled dates. Organisers announced …
- Cost of Living
Harrison is among 180,000 Australians facing a $5,900 annual loss due to prevalent health issues.
by adminHarrison Kefford, a 30-year-old writer from Melbourne, has had to pivot his career due to the challenges posed by Crohn’s Disease, which affects about 180,000 Australians. Diagnosed in his mid-20s, …
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The increasing demand for lab-grown diamonds, largely influenced by rising living costs, is challenging the traditional diamond industry. While both lab-grown and natural diamonds share identical certification in terms of …
- Cost of Living
Commonwealth Bank Reports $5.1 Billion Half-Year Profit, Anticipates Relief for Households
by adminThe Commonwealth Bank has announced a half-yearly net profit of $5.1 billion, a modest increase from $4.8 billion previously, driven by robust core business growth and reduced loan impairment costs. …
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The AFL has announced the continuation of a ticket price freeze for the seventh consecutive season in Melbourne, aimed at assisting fans struggling with cost-of-living pressures. General admission tickets will …