RBA sends clear but uncomfortable signal to households
By Stella Huangfu
The Reserve Bank of Australia (RBA) has lifted the official cash rate by another 25 basis points, the third hike this year as it struggles to keep
Queensland home ownership falls to historically low levels
By Shane Rodgers
Queensland has one of the nation’s lowest levels of home ownership in a market grappling with cost pressures, mismatched supply and low rental
Families hit again on interest rates in shaky economy
By Shane Rodgers
The Reserve Bank is continuing to use interest rates as a blunt instrument against inflation, lifting the cash rate target by another 25 basis points
Australia’s inflation struggles are continuing with the Consumer Price Index rising 4.6 percent in the year to March off the back of fuel cost blowouts.
The annual
Australia’s gas reserves ownership under the microscope
By Samantha Hepburn
Over the last decade, Australia has become one of the world’s largest exporters of liquefied natural gas.
But while the gas is extracted from
Households are cutting back on eating out, entertainment and holidays as cost-of-living pressures continue to bite.
National Australia Bank research, released today,
Retiree income scheme is little known and underused
By Katja Hanewald
For many Australians, most of their retirement wealth is tied up in their home.
A simple, well-designed program to tap into those trillions in home
The RBA will remove surcharges on debit, prepaid and credit cards on eftpos, Mastercard and Visa card networks from October 1, 2026.
The move is expected to save
Easter will financially stress nearly half of Australians, with most switching to cheaper generic brands, and the average shopper spending $254.48 this year.
That’s
Middle East war could lift prices by an extra 5 percent
By George Verikios
A drawn-out war in the Middle East could add an extra 5 percent to existing inflation in Australia, our new modelling shows.
We looked at the likely