High rental growth likely to ease from 2024 as RBA reaches end of interest rate hikes
High rental growth is likely to ease from next year as the Reserve Bank of Australia signals it is near the end of its current interest…
We’re getting a new RBA boss. What that does that mean for interest rates?
The Reserve Bank of Australia (RBA) Governor Philip Lowe won't be in the role for much longer. Mr Lowe became an unpopular figure in the past…
Profits, pay and productivity. Who is to blame for inflation?
The blame game is on in earnest.As the debilitating impact of a dozen rate hikes in a little over a year has begun to hammer a large…
National property price rebound gathering pace despite interest rate rises, with Sydney leading the recovery
The house price recovery gathered pace in May, with Sydney continuing to lead a broad recovery, as the number of properties listed for sale fell…
What Erdoğan does next – POLITICO
Press play to listen to this article Voiced by artificial intelligence. After two decades in power, Recep Tayyip Erdoğan consolidated his dominance over Turkish politics…
The EU wants to build tomorrow’s technologies. Will countries pay for it? – POLITICO
Press play to listen to this article Voiced by artificial intelligence. EU officials are vowing to craft a fund that will ensure the technologies of…
What is the US debt ceiling? How does it affect the economy? Could Australia be impacted?
The United States is facing the prospect of defaulting on trillions of dollars worth of loans, unless the Republicans and Democrats strike a deal to…
Under 35s cutting back while older Australians increasing spending as cost-of-living pressure rises
There Is a "sharp divide" in how Australians are spending their money as cost-of-living pressures hit households unevenly, a report based on the financial data of…
Turkey approaches its decisive battle for democracy – POLITICO
Press play to listen to this article Voiced by artificial intelligence. It’s now easy to forget that Turkish President Recep Tayyip Erdoğan was once hailed…
RBA boss Philip Lowe defends shock interest rate rise, saying ‘there is a limit’ to inflation patience
Just a month after the Reserve Bank of Australia (RBA) kept rates on hold — to assess the economic fallout from an unprecedented string of…
Can Labor solve the housing affordability crisis while lucrative property tax breaks exist?
Norma Wannell never imagined she would be homeless.It was more than a decade ago when Ms Wannell, now 71, had been working in a hospital…
House prices rise for the second month in a row as rents keep rising due to low vacancy rates
Australian property prices have risen for the second month in a row, suggesting a downturn in the nation's housing market has come to an end…
These mortgage holders are facing a big jump in their repayments — but they feel they dodged a bullet
Jasper and Nadia are facing massive increases in their mortgage repayments later this year, but they consider themselves among the lucky ones.The couple bought a…
Greens announce plans to introduce bill to federal parliament to freeze rents and interest rates before budget announcement
The federal Greens will introduce a bill to federal parliament next month that would freeze rent prices across the country for two years and give…
The tension at the heart of the ECB – POLITICO
Press play to listen to this article Voiced by artificial intelligence. FRANKFURT ― The markets are jittery and inflation still needs taming. Coming together, those…
Premier warns of ‘challenging budget’ ahead as government feels interest rate pinch
Interest payments on Victoria's debt have ballooned past original estimates as the Andrews government grapples with rapid rate rises.Key points:The Victorian government will pay hundreds of millions of dollars more…
US banks flock to Federal Reserve highlighting ‘scale of stress in US banking system’
This time last week, news hit trading terminals in Asian trade that Silicon Valley Bank in the United States was closing its doors – a…
See when Australia’s biggest banks stopped paying proper interest on your savings – and what you can do about it
Whenever interest rates went up in the past, I used to get told it wasn't all bad news. At least it was good for some…
Banks tighten belts on agricultural investment loans as interest rates rise
Farmers wanting to expand and make their operations more sustainable are finding it increasingly difficult to borrow money due to a perfect storm of rising interest…