Australian mortgage holders may soon experience some relief as experts increasingly predict a potential interest rate cut by the Reserve Bank of Australia (RBA) during its upcoming meeting next week. …
interest rates
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- Finance
February Interest Rate Cut Appears Increasingly Probable, But Experts Caution Against Assuming Certainty
by adminEconomists are increasingly optimistic that mortgage holders and small businesses will receive much-anticipated interest rate relief soon. The ASX200 recently closed at 8447 points, a rise of 0.57 per cent, …
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Australia’s core inflation rate has unexpectedly dropped to 3.2 per cent for the December quarter, raising expectations for a possible interest rate cut next month. While economists predicted a rate …
- Finance
What’s Behind the Australian Dollar’s Weakness and Its Implications for Our Economy?
by adminThe Australian dollar is struggling, recently falling to a near five-year low against the US dollar, now hovering around 61.32 US cents. This decline is largely attributed to a robust …
- Politics
Aussies Eager for Positive Inflation Updates This Week Ahead of Reserve Bank’s First Rate Decision of 2025
by adminThe Australian federal government is poised to release promising inflation data this Wednesday, ahead of the Reserve Bank’s first interest rate decision of the year. Recent Treasury analysis indicates significant …
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Macquarie Bank has announced reductions in interest rates for three of its fixed-rate home loans ahead of the Reserve Bank’s first meeting of the year. The bank, Australia’s fifth-largest lender, …
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Australia’s unemployment rate edged up to 4.0 per cent in December, a rise of 0.1 per cent, as indicated by recent figures from the Australian Bureau of Statistics. Interestingly, this …
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After a prolonged period of high interest rates at 4.35 per cent in Australia, mortgage holders are looking for relief in 2025. Economists anticipate that the Reserve Bank of Australia …
- Cost of Living
Gloomy Outlook for Aussie Homeowners as Potential Rate Hikes Loom After Christmas
by adminAustralian mortgage holders may face another interest rate hike from the Reserve Bank of Australia (RBA) in 2025 if inflation does not decline, according to a recent assessment by the …
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The Australian dollar has plummeted to a two-year low, buying approximately 62 cents against the US dollar, following the Federal Reserve’s latest interest rate cut of 0.25 per cent. This …