Alan Oster

Households and businesses are bracing for another blow when the Reserve Bank meets on Melbourne Cup Day with new governor Michele Bullock widely expected to hike rates. On Monday, financial markets were pricing a near 70 per cent chance…

Mortgage rates are rising, but surprisingly young Australians are suffering the most financially due to the cost of living crisis. As inflation continues to soar, Finder’s cost of living report found that young Aussies were feeling the…

Westpac is now expecting Australia’s official cash rate to hit 4.1 per cent by May, with three brutal rate hikes looming in the months ahead.If the major bank is correct, it will bring interest rate to an 11-year peak – even higher than…

Australia could well be heading for a recession this year as economic growth stalls and interest rates keep rising, the National Australia Bank has warned.“Looking forward, we see growth slowing sharply as consumer spending comes under…

The governor of the Reserve Bank Phil Lowe will front a public grilling for the first time since the RBA raised interest rates for a ninth consecutive time.Last week, the central bank announced a .25 percentage points, raising the official…