rate

The Australian share market soared on Wednesday with the benchmark posting its biggest daily gain in more than a year on hopes that the Reserve Bank is done raising rates. The benchmark S & P/ASX200 index vaulted 1.7 per cent, or 116.8…

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…

With inflation falling faster than expected the Reserve Bank of Australia could shift into “neutral” over the summer, experts predict, with mixed results for struggling homeowners. The Australian Bureau of Statistics revealed on Wednesday…

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…

Delaying the Melbourne Cup Day rate hike would have risked a more aggressive increase to interest rates in the months ahead, fresh meeting minutes released by the Reserve Bank have revealed.The RBA, in its November 7 board minutes released…

A prominent Australian economist has feared the Reserve Bank of Australia’s (RBA) “over egged” Tuesday’s interest rate rise, which now has the “genuine” potential to push the country into a recession. Stephen Koukoulas, who was previously…

It’s the Melbourne Cup rate rise that the big banks are betting on, but one leading economist has broken ranks to urge the Reserve Bank to hold fire.Interest rates are set to rise on Melbourne Cup Day according to most experts, with…

With another interest rate rise tipped for Tuesday, a survey from Compare the Market has revealed that 12 per cent of Aussies were behind on their mortgage repayments in August. But, according to an earlier Compare the Market survey, in…

The Australian share market rallied on Thursday to reach a two-week high following a positive lead from Wall St overnight after the US Federal Reserve kept rates on hold. The S & P/ASX200 climbed 0.9 per cent, or 61.4 points, to…

Having never grown out of my childhood fear of the dark, I’m probably not the person you want by your side if things go a bit 28 Days Later.But after learning about the potential benefits of fear exposure, I decided to try and build up my…