Customers at three of the country’s biggest banks overwhelmingly decided not to reduce their home loan repayments after the Reserve Bank of Australia last cut […]
Category: Finance
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Annual inflation rises to 3.8 per cent, up from 3.6 per cent at start of the year
Australia’s annual rate of inflation has risen to 3.8 per cent, up from 3.6 per cent at the start of the year. According to the […]
ASX 200 up 0.9 per cent in early trade after a solid lead from Wall Street
A renewed appetite for risk from US investors drove all Wall Street’s key indices higher on Friday and the positive sentiment has flowed through to […]
‘Astounding’ revelation about Australian mint amid cashless push: ‘This is crazy’
The cashless revolution has taken over many parts of Australia and it’s even hit The Perth Mint. The tourist attraction in Western Australia allows you to buy collector coins, gold, silver […]
Australian Inflation Rate: RBA ‘Watching’ CPI Risks
May 8: Bank Holds Cash Rate Steady, But Eyeing Inflation Threats In a move that surprised few pundits, the RBA has voted to hold the […]
Share market climbs as Reserve Bank board convenes for rate discussion
Australian shares started the week on a positive note, as interest rate sensitive real estate and tech stocks buoyed the benchmark on Monday. At the […]
Rate rise ‘will make life harder for people who are already doing it tough’: Chalmers
Treasurer Jim Chalmers says he understands the rate rise will be difficult for mortgage holders, and that the government is doing its bit to reduce […]
‘Low tolerance’: RBA governor Michele Bullock delivers blunt inflation warning
Reserve Bank governor Michele Bullock has maintained the central bank has a “low tolerance” for price pressures to stay higher for longer. Hotter-than-expected quarterly inflation […]
RBA says some non-bank home lenders are cutting loan standards
The Reserve Bank says more risky home loans could end up on the books of less regulated non-bank lenders, as some of these challengers to […]
Australian pharmacy losses predicted to total $1.2bn over four years under Labor prescription reforms
Pharmacies could lose more than $150,000 each annually over the coming years under Labor reforms that reduce the cost of many prescription medicines, the government’s […]