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Economy
Don’t expect government to give you a helping hand
Treasurer says ‘people understand that the mid-year update will necessarily be a pretty tight ship’.
Economy
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Economy
‘Contained’: home price plunge no big stability risk
Australia’s borrowers and lenders are resilient enough to navigate financial troubles ahead, the RBA believes, as it releases its stability temperature check.
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Economy
‘Like family’: regions get promise on bank branches
The nation’s biggest bank has renewed its commitment to maintain branches for regional Australians for at least another four years.
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Economy
RBA blushes spared: inflation rise vindicates rate hike
A November rate rise is still on the cards for the Reserve Bank, even after a slightly softer-than-expected underlying inflation outcome in August.
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Economy
Headline inflation jumps back to four per cent
A spike in fuel prices has ended a five-month streak of slowing growth in consumer prices, adding to Reserve Bank concerns about inflation.
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Economy
Rates blame game: Property Council aims up on government
The RBA decision to raise the home loan cash rates has hit mortgage holders hard at a time when cost pressures are already bearing down on families. While the Federal Government points the finger at the Mid-East conflict, back home the blame is directed at public policy.
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Economy
RBA to scrutinise unfortunate inflation data after hike
Reserve Bank governor Michele Bullock hopes four rate rises so far will be enough to bring down inflation, but only time will tell if more hikes will be needed.
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Economy
More pain brews for borrowers as rates hit 15-year high
The Reserve Bank’s decision to lift the cash rate to 4.6 per cent was unanimous, but economists are divided on whether borrowers can expect more hikes.
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Economy
Middle East or money-wasters: inflation mud-fight grows
Labor and the coalition are duelling over why Australians now must fork out more on their mortgages every month.
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Economy
More price falls on cards as rates squeeze buyers
While not yet in uncharted territory, Australia’s housing market is in for a hiding from higher interest rates, lower borrowing capacity and tax changes.
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Economy
Why mortgage holders’ monthly payments are going up
Interest rates were raised to a nearly 15-year high by the Reserve Bank, spelling more pain for mortgage holders.
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Economy
Interest rates hit 15-year high as RBA hikes again
The Reserve Bank has lifted interest rates for a fourth time in 2026, inflicting more financial pain on mortgage holders.
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Economy
Petrol pump pressure on household spending
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.
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Economy
Home-life balance: Property over lifestyle
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.
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Economy
Bracing for impact: Rate tipped to hit 15-year high
A generation of mortgage holders is set to see borrowing costs hit a new high if the Reserve Bank hikes interest rates as expected.
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Economy
Higher tax take puts federal budget on stronger footing
Australia’s deficit for the past financial year is smaller than expected, but rising borrowing costs mean the fiscal outlook is still gloomy.
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Economy
Debt concerns: treasurer’s era of cheap-money ending
Borrowing money is getting more expensive, but AI “hyper-scalers” competing for your cash are not necessarily to blame, according to economists.
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Economy
Budget figures put some pep in the treasurer’s step
The budget is $6 billion stronger than the government forecast in May, as mortgage holders brace for a big call from the Reserve Bank.
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Economy
Labor reveals budget improvement as rate hike looms
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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Economy
Inflation gloom prevails despite budget bright spot
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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Economy
Bad news comes in twos: cash rate and CPI set to rise
Australian mortgage holders can expect more borrowing pain when the Reserve Bank board meets, with an interest rate hike almost universally anticipated.