inflation report

Aussie homeowners are being battered by increasingly brutal interest rate rises – but there could be some relief on the horizon.According to Westpac’s latest survey released on Tuesday, consumer sentiment remained unchanged at 78.5 in March…

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…

2:35 Food inflation: Rising prices make eating healthy a struggle for low-income Canadians…

A top NSW judge is bracing for courtrooms in the Supreme Court to be clogged with home repossession cases as interest rates rise and homeowners fall behind repayments. On Wednesday night, NSW Chief Justice Andrew Bell issued the sobering…

Australians will be hit with another four interest rate rises up until August to reach 4.1 per cent, a leading economist has warned. And that’s not the only bad news, with the same expert forecasting the unemployment rate will rise for the…

Stocks rallied while the dollar slumped against rival currencies on Thursday after a drop in US inflation dimmed expectations of more aggressive Federal Reserve rate hikes.The consumer price index (CPI), a key measure of inflation, rose at…