Inflation in Australia has decreased for the first time since November, with the latest figures from the Australian Bureau of Statistics (ABS) showing a consumer price index drop to 3.7% …
interest rates
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- National
Former RBA Governor Philip Lowe: Don’t Attribute Economic Hardship to Interest Rates
by adminFormer Reserve Bank of Australia governor Philip Lowe has stated that high interest rates are not the primary cause of Australia’s ongoing cost of living crisis. In an interview with …
- Finance
Inflation Remains Stable, Yet Core Figures Climb, Dashing Hopes for a Second Rate Cut
by adminAustralia’s consumer price index (CPI) for January has held steady, although a rise in core inflation has diminished expectations for a potential second interest rate cut in the early part …
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Western Australia has experienced a significant 42 per cent rise in business insolvencies, with over 1,000 companies failing from January to December last year. This alarming trend highlights the severe …
- 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 …
- National
Here’s a clear breakdown of what the average mortgage holder must save to stay financially secure.
by adminThe Reserve Bank of Australia (RBA) has reduced the cash rate by 25 basis points, lowering it to 4.10 per cent. This decrease could lead to an average monthly home …
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Mortgage holders are getting a much-needed financial break with the recent interest rate cut from the Reserve Bank of Australia (RBA) for the first time since 2020. This reprieve comes …
- National
All four major banks in Australia slash interest rates following RBA decision, providing relief for mortgage holders.
by adminIn a long-awaited move, the Reserve Bank of Australia has implemented a rate cut of 0.25 per cent, prompting swift reactions from the nation’s largest banks, including Westpac, ANZ, Commonwealth …
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Mortgage holders in Australia may soon find some relief as financial markets anticipate a cut in the official cash rate by the Reserve Bank of Australia (RBA) during its announcement …
- 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 …
