Commonwealth Bank, Westpac raises interest rates as hot inflation figures increase chance of another RBA hike
Commonwealth Bank and Westpac have hiked their fixed interest rates today, with both banks expected a further RBA…
Inflation in January slightly hotter than expected, keeping RBA rate hike on table
Inflation remained well above the Reserve Bank’s target band last month, keeping pressure on the central bank to…
Reserve Bank of Australia made an ‘unforgiveable mistake’ that is hurting Aussie households, Warren Hogan declares
The Reserve Bank of Australia’s “unforgiveable” mistake that is causing pain for households while inflation and interest rates…
Bunnings, Kmart boss and bankers issue bleak warning as Australia told recession could be ‘only way out’
Australian executives are saying the nation needs to face the productivity music. (Source: AAP/Getty) Australia risks heading into…
RBA governor accused by senator of ‘gaslighting’ Australians on economy
Reserve Bank governor Michele Bullock has fired back at Nationals senator Matt Canavan after he accused her of…
Australia needs two rate hikes to bring down inflation, Westpac’s Matthew Hassan warns after consumer sentiment falls
The Reserve Bank of Australia needs to hike the cash rate two more times to bring inflation down…
Labor and Reserve Bank of Australia blamed by voters in Sky News pulse as anger over interest rates grows
Voters have blamed the Albanese government for rising interest rates amid concerns about fiscal policy fuelling inflation. The…
Ex-RBA board member Roger Corbett laments massive public spending’s ‘drag’ on the economy after interest rates were hiked
Labor’s “detrimental” massive spending agenda is “drag” on the economy and creating a “really sad time in Australian…
Why your home loan repayments aren’t included in official inflation figures
For more than a third of Australians, paying off the mortgage on their home is one of their…
Bullock says government spending not sole factor pushing inflation higher as political fight heats up
Reserve Bank governor Michele Bullock has refused to blame the Albanese government’s spending for causing inflation to jump…
‘No subsidies’: Jarden’s Micaela Fuchila reveals crucial ways Albanese government can help limit inflation’s growth
The government has been told of some crucial ways to help limit inflation and keep rate rises to…
Living costs rise for all but some hit harder, new ABS data finds
Cost-of-living pressures are being felt by all households but some are being hit harder than others, according to…