aggressive rate hikes

Australia’s house price recovery continued in April, with PropTrack’s dwelling values index recording a 0.1 per cent monthly rise to be up 1.4 per cent from its December trough.Sydney, the market which led the downturn, is now leading the…

Homeowners have been warned to brace for another three rate rises by National Australia Bank CEO Ross McEwan, with the first to come as soon as next week.In a grim warning to families, the big bank boss has predicted that the number of…

The chance of Australia plunging into recession has risen as high as 70 per cent, according to some economists, on the back of the Reserve Bank of Australia’s aggressive rate hikes which at this stage have no end in sight.With nine…

Australian house price results for January have been released, with broadbased declines recorded across the nation.CoreLogic reported that national dwelling values have fallen 8.9 per cent from their peak, with the combined capital cities…

The Australian share market has plunged sharply following Wednesday’s “jumbo” rate hike by the US Federal Reserve.The benchmark S&P/ASX 200 index was down 2 per cent to 6845 points just before 11am on Thursday, while the broader All…

The big four banks have revealed exactly how high their economists expect the cash rate to rise when the Reserve Bank of Australia (RBA) board meets today.The central bank lifted its cash rate by 50 basis points to 2.35 per cent last…