They are the five words Australians battling to get by didn’t want to hear, but the Reserve Bank governor has made it clear that prices won’t be coming down.
Danielle Le Messurier and Jackson Hewett
Frustrated Aussie savers have been urged to get one up on banks who have left them in the dark by doing one thing.
Cameron Micallef
A key government minister popping up at mass citizenship ceremonies is “suspicious”, political opponents say.
Blair Jackson
Reserve Bank Governor Michele Bullock has scotched suggestions that this week’s interest rate cut was a “lay-down misere” as a result of Government pressure.
Jackson Hewett
Donald Trump’s trade war will slow Australia’s economy, RBA boss Michele Bullock says, but the impact on inflation remains unclear.
Matt Mckenzie
Australia’s biggest superannuation fund has been fined $27m for charging duplicate fees to tens of thousands of customers.
RBA governor Michele Bullock will face a three-hour grilling by politicians following the central bank’s first rate cut in four years.
Jessica Wang
Parliament’s economics committee says it remains “deeply concerned” about cultural problems in the banking sector, with ANZ in the firing line.
It’s only going to get worse for Aussie savers already on their knees after the Reserve Bank’s decision to cut interest rates.
Strong employment growth and a fresh record level of Aussies participating in the labour market has backed up the Reserve Bank’s cautious approach to interest rates.
Aussie mortgage holders are at risk of losing tens of millions of dollars in interest the longer lenders withhold passing on the latest rate cut.
Aisling Brennan
The RBA will be closely following the unemployment level after the central bank cut rates for the first time in four years on Tuesday.
Jessica Wang and Cameron Micallef
Aussie wage growth slowed in the year to December as economists battled over the chances of another interest rate rise, with an analyst saying the RBA will be forced to act for one key reason.
The cost-of-living crunch has seen Australians shopping for cheaper items.
Aussie households are feeling the pinch, with a single rate cut unlikely to relieve them of their mortgage stress.
The Reserve Bank of Australia has switched things up, meaning eager homeowners will have to wait a little longer to find out if they will get another rate cut.
Less people are gambling on lotteries, and a move introduced on one of Australia’s most popular games has hurt one company’s bottom line.
Anti-crime measures and wage costs have eaten into one of Australia’s major bank’s $18m-a-day profit.
Households are tipped to have a bit more in their pockets after the RBA’s first rate cut in four years, but just how much you will save will depend on the size of your loan.
A slump in the big banks and energy stocks pushed the Aussie market into the red on Tuesday, as the RBA struck a note of caution following its long-awaited rate cut.
Duncan Evans
Millions of borrowers are set for mortgage relief after the Reserve Bank cut interest rates - a move that had the Government also sighing with relief on the eve of an election.
Katina Curtis and Matthew McKenzie
A growing problem for Australians trying to find a job has been revealed, as the number of red flags continues to soar.
The Reserve Bank has delivered the slightest of reprieves of homeowners but sent a clear warning that this is not going to be the start of a strong cutting cycle.
Financial markets reckon borrowers could get another two doses of rate relief before 2025 is over — but the RBA is still talking tough.
