Australian homeowners stressed out by mortgage repayments after RBA rates rises: report
Three-quarters of Australian home loan holders are worried about their mortgage repayments in the face of multiple “aggressive” rate hikes,…
Greens call on government to tackle housing stress with new parliamentary library analysis
Australians wanting to buy a house need 1.6 times the average income to avoid falling into housing stress, new analysis…
Myer releases half-year earnings, books $52m profit
One of Australia’s premier retail brands has maintained an impressive half-year profit despite months of interest rate rises hitting household…
Treasurer Jim Chalmers warns of less cash to spend in May 12 budget
Households hoping for additional cost of living relief in the May budget could be disappointed with Treasurer Jim Chalmers set…
Australia should prepare for the death of the middle class, experts warn
Australia should prepare itself to mourn the death of the middle class as the once-famed land of opportunity and birthplace…
Cost of living, interest rates: RBA rate hike unnecessary as per-capita recession deepens
The Reserve Bank’s November rate hike was “overkill”, economists have cautioned, after fresh GDP data revealed a sharp decline in…
Reserve Bank releases minutes of February board meeting
More pain for mortgage holders could be on the way after the Reserve Bank of Australia warned it would be…
Interest rates: Reserve Bank makes call on cash rate
The Reserve Bank has spared borrowers fresh pain, but households holding out for rate cuts have had their hopes dashed…
Inflation, interest rates: ABS reveals average mortgage size at record high
New figures have revealed the size of the average Australian mortgage is now at a record high, with borrowers taking…
Interest rates, cost of living: Reserve Bank governor Michele Bullock not ready to cut interest rates; RBA first rate announcement for the year on Tuesday
Reserve Bank governor Michele Bullock isn’t ready to cut interest rates just yet. But after the central bank’s aggressive campaign…