Western Sydney first home buyers hit hard by interest rate hikes, falling property prices
With half of his regular household income swallowed by mortgage repayments, new Western Sydney home owner Chris Shaw…
RBA relaxed about housing downturn but deeply worried by AI and bonds
Despite Australia’s rapid housing downturn, which threatens to be the worst in decades, the Reserve Bank believes the…
Leading economist Warren Hogan warns Australia needs to decide between lower government spending now or financial crisis later
A top economist has warned interest rates could continue to go “up and up” throughout 2027 if government…
The RBA has no choice but to hike rates as US currency crown slips
It is a phrase synonymous with American dominance, especially when it came to matters financial. In God We…
Trump’s war, migration cuts and AI pull interest rates in all directions
The Reserve Bank will increase interest rates on Tuesday for the fourth time this year, and what’s more,…
Card surcharge ban: How it will change what you pay from October 1
Millions of Australians will change their spending habits once the nation’s ban on card surcharges comes into effect…
Card surcharge ban to leave some shops spruiking cash, swallowing fees, raising prices
Last financial year, bakery owner Dylan McQueen paid $5,785 in card fees, which he says came after years…
There are three main reasons inflation is rising. Higher rates won’t fix them
Bloodletting is an ancient therapy, dating back at least three millennia, and traditionally used to “cure” a range…
Kenya pension funds shift Sh105bn offshore to cut domestic market risks
Kenyan pension funds are moving more retirement savings into global markets, with offshore holdings rising 25 percent in…
Housing affordability hits lowest rate on record despite recent falls in property prices
Housing affordability has fallen to its lowest rate on record, with households earning a typical income only able…
Australian dollar extends winning streak to ninth week as rate outlook shifts
SYDNEY: The Australian dollar scaled a new three-month peak on Friday, extending a winning streak to nine weeks…
Inflation slows again in July but heightens risk of interest rate hike by RBA
Economists have warned that another interest rate hike by Australia’s central bank is a “live” possibility this year,…