In 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
Michele Bullock
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- Finance
Inflation has returned to target levels, but the RBA is holding off on rate cuts until it sees significant further improvement.
by adminRBA Governor Michele Bullock has firmly dismissed any notions that recent positive inflation figures would precipitate an early interest rate cut. While inflation has dropped to its lowest since the …
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The Reserve Bank of Australia’s decisions on cash rates significantly affect the 3.2 million Australians with home mortgages and influence the broader economy. Key factors governing these decisions include inflation …
- Finance
ANZ Lowers Fixed-Rate Home Loans for Select Customers, Raises Rates on ‘High-Risk’ Offers
by adminANZ has made another adjustment to its fixed home loan interest rates, becoming the final major bank to lower these rates. However, the new, reduced rates are only available to …
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The burning question across Australia, especially for the 3.2 million mortgage holders facing a collective debt of $2.2 trillion, is: what will happen to interest rates? Predicting these rates has …