Rate Hike Fears As Inflation Hits Six-month High
Inflation has officially hit a six-month high, rising to four per cent and putting a rate rise back on the Investors and economists expect the Reserve Bank to raise interest rates as soon as August, following the…
Federal Budget 2024: Jim Chalmers defends budget decision
Opinion is divided over who the real winners are following the Treasurer’s BUDGET BONANZA: Who Gets the Cash The latest budget announcement has sent ripples of excitement across various sectors, with a multitude of initiatives aimed at…
‘Very significant’ number of Australians missing credit card payments
Sky News host Paul Murray says there’s a “huge number of people” paying with credit cards for Mr Murray said a “very significant” number of people are missing payments on their credit “According to the annual…
US Economist Predicting A Major Market Crash For 2024
US economist Harry Dent is predicting that the biggest market crash of our lifetime is upcoming in Economist Warns: 2024 to Bring Devastating Market Crash Renowned economist Harry Dent’s warning of a devastating market crash in 2024…
New figures show the Australian economy is slowing fast
New figures show that under the surface a recession is already being seen in Australia’s Australia’s Economic Growth Stumbles, Hits Household Wallets Australia’s economic growth has encountered a stumbling block, resulting in a direct impact on households’ financial…
RBA slams brakes on interest rates in Christmas reprieve
The Reserve Bank of Australia has kept interest rates on hold at per cent in December, sparing borrowers a sixth interest rate rise ahead of Christmas as data suggests inflation in Australia is RBA’s Surprise Decision:…
RBA raises interest rates
Newly appointed Reserve Bank Governor Michelle Bullock delivered her first interest rate rise, ending a four-month reprieve for RBA Raises Interest Rates: A New Era Under Governor Michelle Bullock In a much-anticipated move, the Reserve Bank of…
Interests rates on hold for a third consecutive month
Home loan borrowers will not have to find any extra for repayments with the Reserve Bank, keeping interest rates on hold at for the third month A parting gift from outgoing Governor, Philip Lowe, as he…
Why a tumbling Aussie dollar is good news for mortgage holders
The Australian dollar has fallen to its lowest level in nine months, wreaking havoc on the Investment Portfolio Manager Jun Bei Lu says it’s down to two factors: a higher-than-expected unemployment rate and the slowing of China’s…
Massive collapse on Chinese sharemarket sends global shockwaves
A massive collapse on the Chinese sharemarket is sending economic shockwaves across the globe, including Massive Collapse on Chinese Share Market Sends Global Shockwave, Including Australia A colossal collapse on the Chinese share market has reverberated across…