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Bleak warning from banking boss

The boss of Australia’s central bank has issued a sombre warning about how the worst is still yet to come for interest rates and inflation. Australians are already feeling the financial pain after the Reserve Bank (RBA) announced another…

Expert’s grim 4% interest rate warning

Australians are bracing for the seventh consecutive interest rate rise as cost of living pressures show no sign of easing. The latest inflation report found that Australia’s consumer price index has risen by 7.3 per cent in the past…

$29.8bn rates time bomb set to explode

About $29.8bn worth of fixed rate mortgages will expire by the end of the year, which will mean an extra $641 in monthly repayments for homeowners by Christmas, as the Reserve Bank of Australia looks set to deliver even more bad news.The…

$29.8bn time bomb set to explode

About $29.8bn worth of fixed rate mortgages will expire by the end of the year, which will mean an extra $641 in monthly repayments for homeowners by Christmas, as the Reserve Bank of Australia looks set to deliver even more bad news.The…