Aaron Francis

Australians are flocking to Google with their mortgage woes and one in 50 homeowners are in “severe financial stress” amid back-to-back interest rate hikes over the past 18 months. The Reserve Bank of Australia (RBA) revealed on Friday that…

Fresh data from property analyst firm PropTrack shows three Sydney suburbs were the most expensive to buy in across Australia in 2023.The Lower North Shore suburb of Longueville topped the list nationally for highest median home value,…

A retail expert has warned that department store giant David Jones could “finally falter” amid a perfect storm of dire economic conditions and ongoing hardships being faced by the iconic Aussie brand.Dozens of staff will be impacted after…

Just about everywhere you look, there are worsening signs that Australia is no longer the lucky country.From record-high rents to skyrocketing mortgages, a cost-of-living crisis to the alarming emergence of a ‘working poor’ population, the…

RBA governor Michele Bullock has sparked backlash for suggesting Australians going for haircuts and dentist visits are to blame for high inflation.Hinting that further interest rate pain may be on the way to tackle “homegrown” inflation,…

Delaying the Melbourne Cup Day rate hike would have risked a more aggressive increase to interest rates in the months ahead, fresh meeting minutes released by the Reserve Bank have revealed.The RBA, in its November 7 board minutes released…

The Australian share market fell to its lowest level in more than 12 months on Monday as traders grew increasingly concerned that the escalation of the Israel-Hamas war could spill over across the Middle East. The S & P/ASX200 lost 0.8…

Despite catastrophic predictions of the fixed rate mortgage ‘cliff’ that has generated headlines for months and sowed fears of widespread defaults and increasing arrears, household borrowers have, so far, weathered the interest rate…

A restaurant owner has invited unemployed Melburnian Jez Heywood to apply for one of nearly 200 vacancies, saying he’s “struggling” to find workers and slamming the Jobseeker increase as “ridiculous”.Chris Lucas, owner of high-end…

Major retailers such as JB Hi-Fi are facing the threat of investors voting against the election of male directors because they have failed to meet expectations that 30 per cent of their board are made up of women.The Australian Council of…