CPA Australia

After 10 consecutive interest rate rises by the Reserve Bank of Australia (RBA), an unlikely loser has emerged.While mortgage holders have been hit hard since May last year when the RBA began hiking the official cash rate, there has been…

Westpac has made a surprise call on interest rates – lowering its forecast that the cash rate will be hiked as high as 4.1 per cent.Instead, the major bank has predicted interest rates will peak at 3.85 per cent and that the Reserve Bank 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…