interest rates

The powerful people who control the purse strings of Australia’s biggest companies are worried about what lies ahead next year, coinciding with a warning the economy has “hit a wall”.Consulting firm Deloitte released its biannual CFO…

As the cost-of-living tightens wallets around Australia, Christmas can be an especially daunting time to splash the cash.But with so many ways to spend and save out there, Tristan Dakin from Wise has unwrapped his best Christmas shopping…

Australian taxpayers will be soon paying more on interest rates than the National Disability Insurance Scheme, according to figures to be released in the latest economic update. The mid-year economic update, to be unveiled by Treasurer Jim…

Australians are flocking to Google with their mortgage woes and one in 50 homeowners are in “severe financial stress” amid back-to-back interest rate hikes over the past 18 months. The Reserve Bank of Australia (RBA) revealed on Friday that…

More and more Aussies are lying on their home loan applications, as cost-of-living pressures continue to bite, according to one financial tech company.Fortiro works with big banks and lenders to detect fraudulent documents.Co-founder Sean…

Bitcoin is now up 160 per cent over the past 12 months and shows no signs of slowing down, but not everyone is jumping back on the crypto train.The digital currency was trading at $67,229 on Wednesday, a 17 per cent increase over the past…

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…

For anyone planning a trip to the US in the coming months, the sudden and substantial increase in the Australian dollar will come as welcome news.Against the US dollar, our currency has added nearly 5 per cent over November, the biggest…

Households are almost certain to be spared another rate rise when the Reserve Bank’s board convenes for its final meeting of 2023 next week after inflation eased in October. The latest consumer price index figures, released by the…

Reserve Bank governor Michele Bullock has made a frank admission, conceding borrowers are “very unhappy” with the central bank, but are coping with higher interest rates. Speaking at a central bank conference in Hong Kong on Tuesday, Ms…