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Grim warning for Aussie house prices

A housing expert has warned property markets could be “fragmented” next year amid a country-wide rebound of house prices, as a new report tips prices to rise up to 4 per cent alone.PropTrack’s latest Property Market Outlook report, released…

ASX climbs despite grim rates warning

The Australian share market rose on Tuesday as traders shrugged off the release of new Reserve Bank board minutes which showed it was prepared to hike interest rates again. The S&P/ASX200 added 0.3 per cent, or 19.8 points, to close at…

Grim warning for Aussie homeowners

The Reserve Bank has been urged to lift interest rates and governments warned to pull back on infrastructure projects to reduce inflation. In its annual economic health check, the International Monetary Fund concluded Australia’s economy…

Grim sign for Australian mortgage holders

When the Reseve Bank of Australia (RBA) left interest rates on hold in April for the first time in 10 meetings, there was a widespread perception that rate rises were over and a slowing domestic economy would keep the RBA quite…

Grim home loan prediction as ‘crisis’ looms

A debt ceiling disaster is looming for America’s economy which could see the nation buckle into a default, plunging the country and the wider world into a financial calamity. New analysis shows if the US were to default, mortgage repayments…

Aussies’ grim prediction on rates

Few Aussies predict the Reserve Bank will lower interest rates this year as a new poll has revealed many are avoiding new loans unless necessary.The poll, of more than 1000 people by Money.com.au, found only 15 per cent of those surveyed…