Grim rates call after ‘weak’ new data
Falls in full-time work were offset by rises in part-time employment. Picture: NewsWire / John Appleyard Australia’s “very…
Commonwealth Bank, Westpac, NAB, ANZ reveal RBA interest rate prediction following ‘weak’ jobs data
The RBA will announce its cash rate decision on September 30, with banks expecting it will be a…
Why rates are falling before the Fed meeting
Mortgage rates continue a substantial decline. According to Zillow, the current 30-year mortgage rate is 6.12%, down eight…
Japan faces record 7 trillion baht debt repayment, straining fiscal capacity
Japan’s ballooning debt burden pushed the yield on new 10-year government bonds to 1.62% on Tuesday, the highest…
‘Setting the market on fire’
TJ Jeyadevan recently bought a property in Sydney and said he had seen the market heat up following…
Bidding wars push Australian property prices skyward
In Austral, southwest of Sydney, a 253-square-metre home recently sold for $1.275 million – a suburb record and…
Queensland’s ‘extreme’ house price growth expected to continue amid new laws
Experts say south-east Queensland’s “extreme rate” of property price growth is unlikely to be affected by new seller…
Group of Aussies drowning in debt
Aussies’ overall debt levels have hit a record high. Picture: NewsWire / Damian Shaw Australian first-home buyers are…
Commonwealth Bank, ANZ to deliver mortgage relief before Westpac, NAB customers after interest rate cut decision
Two of the Big Four banks have revealed they’re passing on the RBA’s August interest rate decision. (Source:…
How Bureau of Labor Statistics reports influence U.S. economy
The Bureau of Labor Statistics (BLS) releases reports that can shift global markets and influence Federal Reserve interest…
Hiltzik: Trump’s economy comes home to roost
For a brief, shining moment last week, it seemed as if the U.S. economy had dodged a tariff-powered…
Canada’s housing market is in ‘new normal.’ It looks like the ‘old normal’ – National
With the Bank of Canada holding interest rates again, economists and real estate experts say the housing market’s…