Major bank says another rate hike coming in matter of weeks
The signs are mounting that a fourth interest hike could be handed down at the end of the month, bringing the cash rate up to a 15-year high.
The signs are mounting that a fourth interest hike could be handed down at the end of the month, bringing the cash rate up to a 15-year high.
One sentence from an RBA assistant governor spells bad news for millions of Aussies.
Consumers are set to save about $1.6 billion every year when credit and debit card surcharges are scrapped in coming weeks.
The staggering figure has a significant impact on the economy.
Slumping prices are no silver bullet for correcting Australia’s housing affordability deadlock, a top economist warns.
“For households and businesses waiting for rate relief, that strength could keep another hike firmly in play.”
While many are building a strong financial buffer, millions of people have less than $1000 in savings.
A buoyant superannuation industry is providing a gateway to a comfortable retirement for older Aussies, but how much money do they need.
While profits fell by more than 13 per cent the airline’s share price soared and profits still exceeded $2 billion.
In a u-turn, two major banks now expect the interest rate to be lifted by 0.25 per cent after the latest inflation data.