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Interest Rates

Interest Rates

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Why latest job figures could mean bad news for interest rates

An additional one million more people are now employed than before the COVID-19 pandemic, maintaining upward pressure on wages and inflation.

3 min read

June's job market is expected to have stayed strong but softening is forecast as the economy slows. (Dave Hunt/AAP PHOTOS)

‘Concerning’ cash act millions of families are turning to that could make them ‘spiral out’

‘I have lost 40kg in the last nine months because all my money goes on keeping a roof over my kids’ heads and trying to keep them in a safe place.’

2 min read

Australians are gravitating towards short-term lending services but going without essential living items, as the high cost of living spreads thin the finances of many households.

From underquoting to ‘silent auctions’: Real estate sale tricks exposed

4 min read

There are tactics real estate agents use before an auction to help sell a house.

An extra $170 a month: Cash blow as major banks move on rate hike early

3 min read

Two of the big four banks have increased their fixed home loan interest rate. Here’s what it means for you.

RBA boss makes confronting admission: ‘I don’t know’

3 min read

Reserve Bank governor Philip Lowe has rejected calls for his resignation and said he had to make an “unpopular” decision to raise interest rates to curtail inflation. 

Reserve Bank governor to be grilled over rising interest rates

1 min read

Several federal MPs have questioned the future of Reserve Bank governor Philip Lowe. (Lukas Coch/AAP PHOTOS)