The policies shaping our future
Interest rates were raised to a nearly 15-year high by the Reserve Bank, spelling more pain for mortgage holders.
The Reserve Bank has lifted interest rates for a fourth time in 2026, inflicting more financial pain on mortgage holders.
Families are forgoing spending on items such as health, food and entertainment just to keep the car on the road an Australian Bureau of Statistics report has shown.
As home sales tighten under the weight of mortgage rate increases and cost-of-living pressures, most Aussies are opting for bricks and mortar over the little pleasures in life.
A generation of mortgage holders is set to see borrowing costs hit a new high if the Reserve Bank hikes interest rates as expected.
Australia's deficit for the past financial year is smaller than expected, but rising borrowing costs mean the fiscal outlook is still gloomy.
Borrowing money is getting more expensive, but AI "hyper-scalers" competing for your cash are not necessarily to blame, according to economists.
The budget is $6 billion stronger than the government forecast in May, as mortgage holders brace for a big call from the Reserve Bank.
Australia's deficit for the past financial year will be smaller than expected, but rising interest rates and stubborn inflation give little cause to celebrate.
Australia's deficit for the past financial year will be smaller than expected, but rising interest rates and stubborn inflation give little cause to celebrate.
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