Westpac bank warns that the Reserve Bank could lift rates much higher
Another major bank is warning that the Reserve Bank could lift official interest rates above 4 Westpac had been forecasting that the Reserve Bank would stop hiking rates at percent it’s now saying that the board…
RBA boss says more interest rate rises needed
Reserve Bank of Australia governor Phillip Lowe says more interest rate rises will be needed to address inflation despite mortgage strife being faced by Aussie Reserve Bank Governor Philip Lowe has acknowledged the personal pain caused by…
Consumer confidence cracks and spending plummets amid rate rises
For the first time in almost a year, Australian consumers are spending less by per cent, in what may be a sign that consecutive interest rate hikes are finally taking a This drop in consumer confidence comes…
Warning that China’s economic slowdown could pose challenge to Australia
Treasurer Jim Chalmers has warned that China’s slowing economic growth could pose a major challenge to the recovery of Australia’s Jim Chalmers, the treasurer, responded to information from Beijing’s National Bureau of Statistics yesterday The Chinese…
Interest rate hikes and home construction innovations: Changes in 2023
After recent interest rate rises, home buyers are finding their borrowing power reduced, impacting real estate affordability in Australia – money expert Effie Zahos joins Today to 0:00 Effie Zahos 4:04 Innovative home building in 2023 After…
Australia’s worsening rental affordability, the great debate over the Great Barrier Reef | 7NEWS
The weekly panel takes a look at the nation’s worsening rental affordability and the great debate over the Great Barrier #TheLatest #7News #TheLatest #7News
RBA hikes interest rates for seventh consecutive month | 9 News Australia
The Reserve Bank of Australia has increased interest rates for the seventh consecutive month — bumping them up by 25 basis points to per cent #9News #BreakingNews #NineNewsAustralia #9NewsAUS
Inflation in Australia hits near 32-year high | 9 News Australia
Annual inflation has hit a high not seen in almost 32 years as Australian households brace for greater cost of living #9News #BreakingNews #NineNewsAustralia #9NewsAUS
Australians warned to brace as energy prices hike by 56 per cent | 9 News Australia
As the global economy teeters upon the edge of a recession, Nine’s Chief political editor Charles Croucher said low-income earners will be “hit the hardest” as a sharp increase in energy bills are set to skyrocket by 56 per…
‘It will build a better future’: Jim Chalmers on upcoming federal budget | 9 News Australia
The upcoming federal budget will “build a better future” for all Australians, according to Treasurer Jim #9News #BreakingNews #NineNewsAustralia #9NewsAUS