UK mortgage rates rise to highest level for a month
UK average mortgage rates have risen back to the level of a month ago as renewed tensions in…
Multiple Aussie banks cut home loan interest rates for borrowers defying RBA hold: ‘Opportunities’
Multiple Aussie banks have cut their home loan interest rates in the last week, with one major lender…
First-home buyer affordability not just Sydney problem as prices climb in Australian capitals
The great Australian dream of owning your own home is becoming increasingly unrealistic for many young Australians, new…
US labour productivity hits two-year high to 4.9% in Q3, inflationary pressures on wages eased
US labour productivity grew faster in the third quarter, reaching its highest rate in two years in the…
What the latest GDP numbers mean for interest rates and the economy
On a couple of occasions, former treasurer and prime minister Paul Keating described favourable gross domestic product figures…
‘One more’ rate cut on the cards, AMP economist My Bui forecasts, despite unemployment falling to 4.3 per cent in October
The Reserve Bank of Australia has “room for one more” interest rate cut this cycle despite the release…
Investors and first home buyers flock to property market, driving up prices
Australia’s property market is heating up again, with record auctions over spring, and the return of both first…
Albanese’s salad days are stalked by the spectres of stagflation and soaring bills
As the prime minister saunters down the RAAF VIP airstair on Sunday after another successful overseas trip some…
Interest rates, inflation; Aussies tipped to save
Australian mortgage holders are being urged to give themselves an interest-rate cut ahead of the Reserve Bank of…
Mortgage stress remains high despite past rate cuts
“Finally, it is important to appreciate that interest rates are only one of the variables that determines whether…
Millions worse off after RBA rate cuts: survey
Graham Cooke (pictured right), head of consumer research at Finder, pointed out that the central bank faces a…
US Fed makes first rate cut of 2025 on employment risks
Economists expect to see growing divisions among the Federal Reserve’s rate-setting committee this week (Andrew Harnik) The US…