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Saturday, May 4, 2024

Latest news: Interest rates

Reserve Bank extends pause at March cash rate call

No surprises as the Reserve Bank leaves interest rates on hold in March and keeps its focus on moderating but still-elevated inflation.

No change in interest rates as price pressures ebb

Mortgage holders have been granted another month of interest rate relief after the Reserve Bank of Australia left monetary policy unchanged, as expected.

Rates probably on hold but all eyes on RBA governor

More interest rate hikes are broadly off the table but the Reserve Bank governor is likely to keep her options open in a big week of public appearances.

Rationale behind RBA’s December rates call on show

The minutes from the December interest rate meeting will outline the Reserve Bank's thinking on inflation as households gear up for the festive season.

Reserve Bank keeps interest rates on hold at final meeting for 2023

Borrowers have been spared more cash rate pain at the final Reserve Bank of Australia policy meeting of the year.

Consumers, businesses still wary about the future

Consumer confidence has taken a hit after interest rates rose again, with businesses also cautious about the outlook despite overall economic resilience.

Rate rise to hurt mortgage holders, home buyers

Another interest rate hike will push up mortgage repayments, erode borrowing power and keep a lid on festive season spending.

RBA fires off Melbourne Cup day interest rate rise

Mortgage-holders are in for more pain after Australia's central bank pulled the trigger on a widely-expected 25 basis point interest rate hike aimed at driving down stubbornly high inflation.

Hopes inflation falling fast enough to keep interest rates on hold

Consumer price figures will be hotly anticipated as decision-makers seek to confirm whether inflation is falling fast enough to keep interest rates on hold.

Higher repayments eating deep into borrower incomes

The proportion of Australian mortgage holders sinking at least a third of their reported income into monthly repayments has grown sharply. 

No change in interest rates at Bullock’s first meeting

The Reserve Bank's new chief has spared homeowners any more financial pain with interest rates staying on hold for another month.

Australians coming off fixed mortgage to higher rate peaks

The number of Australians coming off low-interest rates locked in during the COVID-19 pandemic has peaked.

Relief as Reserve Bank hits pause on interest rates

Borrowers will welcome a break from interest rate hikes as Australia's central bank opts to keep interest rates steady at 4.1 per cent.

Op-ed: Inflation leaves ordinary Aussies with empty pockets

Australia as a nation must stop living beyond its means, and policy-makers must spend a little to save a lot, writes Professor of Economics John Hicks in the Charles Sturt University School of Business.

Recycling to keep pace with Reserve Bank

The ACT’s Container Deposit Scheme should perhaps be called a Housing Deposit Scheme because Greenway resident Ashlee Rankin is cashing in cans on a grand scale to help pay off her mortgage.

New blow for home owners as interest rates rise again

The battle against inflation is not over yet as the Reserve Bank board hikes again and takes the cash rate to its highest level since April 2012.

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