Don’t put money on rates relief soon, borrowers warned
There are still no plans to cut interest rates soon as the Reserve Bank held the cash figure steady for what will be a calendar year.The RBA wants more signs inflation is under control before it will …
Australia has recorded its worst inflation outcome since the introduction of the GST
Australia has recorded its worst inflation outcome since the introduction of the GST, potentially locking in an interest rate rise by the central bank next month.The headline consumer price index rose …
House prices to fall as rate hikes bite: National Home Value Index for May
The first decline in national house prices in almost two years is a sign of things to come as rising interest rates take their toll, economists say. The CoreLogic home value index slipped by 0.1 per c …
Economists generally believe it is highly unlikely the Reserve Bank of Australia will lift the cash rate before this year’s federal election due by May.But Treasurer Josh Frydenberg is quick to remind …
Economists expect an interest rate rise is more likely this year after an unexpected jump in the rate of inflation in the December quarter.The Australian Bureau of Statistics said the consumer price i …
Colin Brinsden, AAP Economics and Business Correspondent(Australian Associated Press) The Australian economy may just avoid a second recession in as many years, but it will be touch-and-go because of …
Colin Brinsden, AAP Economics and Business Correspondent(Australian Associated Press) The amount of outstanding home loans in Australia grew by the fastest monthly pace in four years, remaining largel …
