Home-loan borrowers are being warned to brace for up to four rate hikes this year, with inflation expected to remain a thorny issue for years.
Stephen Johnson, Brooke Rolfe and Bethany Hiatt
The threat of rising interest rates will have an upside for hopeful holiday-makers after the Australian Dollar soared to a three-year high above US 70 cents.
Matt Mckenzie
Record commodity gains have failed to lift the Aussie sharemarket, with just three of the 11 sectors making gains as the market slipped into negative territory.
Cameron Micallef
Millions of Australians are bracing for a hit to their hip pocket amid new forecasts that rates could rise as many as four times this year alone.
Mortgage holders with $700,000 loans face an extra $5412 a year in debt costs.
Stephen Johnson
The inflation genie has escaped again, prompting experts to warn households face thousands more in costs and interest rate hikes.
Treasurer Jim Chalmers has been grilled on inflation, admitting the latest figures are higher than he would like and it would likely impact wages.
NewsWire
Jim Chalmers says he does not “believe” public spending is an issue as Australians brace for a potential interest rate hike.
Pamela Rontziokos, Ria Pandey and Cameron Micallef
Cash-strapped mortgage holders are being warned they may need to find $2192 more a year, as inflation becomes “uncomfortably high”.
The Aussie dollar has skyrocketed overnight amid chaotic global financial movement, today homeowners are on notice.
Cameron Micallef and Ben Graham
Top economist Shane Oliver has warned populist politics is likely to backfire through higher inflation and worsening inequality as governments across the developed world become increasingly interventionist.
The precious metal has soared more than 80 per cent in 13 months, reaching an unprecedented milestone that experts warn signals deeper market instability.
A tale of two economies is driving China’s stock market, prompting investors to raise bets on the beneficiaries of an industrial export boom at the expense of firms mired in a consumption slump.
Abhishek Vishnoi
Home owners will wait with baited breath for the Reserve Bank of Australia to hand down its cash rate decision after the release of inflation figures.
Tess Ikonomou
Australians will spend millions in extra surcharge fees on the Monday public holiday, with fresh figures showing how much it will hit your family’s budget.
Miners and tech stocks have driven the ASX to a modest gain despite banking sector falls, as gold hits record highs.
One of Australia’s big four banks has surprised mortgage holders with a rate increase even before the Reserve Bank decides on the official cash rate.
Aris Schuler-Shah
Energy, consumer discretionary stocks and the major banks all rallied more than 1.80 per cent on Thursday, as the ASX emphatically snapped losing streak.
Thousands of Australians entered the workforce just before the new year, sending the Aussie dollar on a run higher and having huge ramifications for cash strapped mortgage holders.
Homeowners face a nail-biting wait heading into the Reserve Bank’s February meeting after bumper jobs growth moved the chance of an interest rate hike to almost a coin toss.
It’s official — baby boomers are no longer the nation’s wealthiest property owners.
The Aussie sharemarket has fallen for a third straight day amid trade tensions between the US and Europe, while gold surged toward almost $5000 an ounce.
Emma Kirk
Australian businesses are holding off on major investments until economic uncertainty eases as renewed inflationary pressures raise the risk the Reserve Bank may be forced to pivot to hiking interest rates.
Nasteho Said
Australia’s sharemarket continued to trade lower on Tuesday as the latest tit-for-tat tariff threats from the US and Europe weighed on markets.
