Warning interest rates may still rise again
Budget measures have not done enough to quell Reserve Bank concerns about spending or curbing inflation.
Budget measures have not done enough to quell Reserve Bank concerns about spending or curbing inflation.
Two supports for small businesses will be made permanent as part of a $3.5 billion tax relief package outlined in the federal budget.
The central bank, which raised interest rates on Tuesday, has released its latest set of quarterly economic forecasts and the news is not great.
Lenders must watch out for customers because the corporate regulator won't take a backward step as households face hardship, the outgoing ASIC chair will warn.
The central bank, which raised interest rates on Tuesday, has released its latest set of quarterly economic forecasts and the news is not great.
One of the nation's big four banks has lifted its interim earnings while warning that the impact on customers from the Middle East conflict is still to be felt.
Reserve Bank needs to retain credibility as it battles to halt inflation and manage interest rates in tough climate.
Mortgage holders could be hit by five more interest rate hikes before Christmas if there is no resolution to the Iran war soon. Data released by the Australian Bureau of Statistics on Thursday showed the nation’s labour market was still in good shape, with the unemployment rate holding steady at…
The US war on Iran is spooking Australians who've watched their super pools drop tens of thousands of dollars since the conflict began on February 28.
Economists from all the big banks believe in a rate hike next month despite continued unease over the Middle East conflict.