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Economy

5 September 2023

The Reserve Bank decided to further pause the cash rate in Philip Lowe's last monetary policy meeting.

5 September 2023

Despite rates holding steady of late, 46 per cent of Australians are not confident in the RBA and government’s ability to ease inflation this year, according to Canstar.

4 September 2023

Australia’s major banks have all called a cash rate pause during tomorrow’s monetary policy meeting.

30 August 2023

July’s annual CPI increase fell from the previous month below economist and market expectations, the latest ABS data has revealed.

30 August 2023

Amid the pinching effects of rising living costs, cash-poor retirees are turning to reverse mortgages to tap into their home equity, a revelation by a leading lender shows.

30 August 2023

The full effect of mortgage arrears are yet to be realised as the full impact of interest rate rises continues to roll through.

29 August 2023

New research has revealed the number of mortgage holders “at risk” of “mortgage stress” rose to record levels in July.

21 August 2023

While accumulated household savings are helping cushion impact of high rates, consumer spending is set to slow as borrowers approach record-high mortgage repayments.

18 August 2023

The employment rate in Australia decreased in July, confirming the central bank's expectations of a ‘turning point’.

17 August 2023

New Zealand’s Reserve Bank has decided to hold its cash rate once again.