cash rate hike

A major bank predicts Australia’s housing market will tip into ‘correction’ territory next year, potentially helping more aspiring buyers.A major bank has once again changed its predictions for Australia’s red-hot housing market, tipping…

Australia’s unemployment rate could sink to a level where anyone who wants a job has one in just a matter of months.The Reserve Bank of Australia has tipped unemployment could sink well and truly into the definition of “full employment”,…

The Reserve Bank governor has moved to ease concerns that an interest rate hike is imminent, again citing a need for higher wage growth.The head of the Reserve Bank has moved to soothe fears that an interest rate hike is imminent, telling…

When Philip Lowe speaks, every Aussie economist listens, and even more will be tuning in to his Press Club address as he continues to quell interest rate hike speculation.The attention of every economist in Australia will be on the National…

Expected interest rate rises later this year mean more costs for mortgagees and lower borrowing capacities, so experts say now is the time to act.Homebuyers should “batten down the hatches”, experts warn, ahead of sooner than forecast…

Aussie drivers have been slugged by record high petrol prices but one city is copping it harder than others from all directions.A way bigger than expected surge in prices has fuelled already strong expectations of a Reserve Bank of…

Three cities have smashed all-time records for property auctions, while the two biggest beat previous highs, new data reveals.The lead-up to Christmas is usually quiet in the residential property market but auction volumes broke records…