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FOUND: 15 | Mind Blowing Facts

The Loop: High Court rules on citizenship, banks pass on rates rise, and why lettuce is so pricey

Here's your TL;DR for today's news.

ABC News

ANZ introduces paid gender affirmation leave. What is it and what other types of leave are there?

ANZ has introduced a new entitlement allowing employees based in Australia and New Zealand to take paid leave while they are affirming their gender. We look at what gender affirmation leave is, which major companies already have it, and other types of leave you might not know are available to…

ABC News

6 Stocks To Buy That Are Near 52-Week Lows

Weakness in the S&P 500 has made life unpleasant for investors so far in 2022, but it has also created buying opportunities in a handful of high-quality stocks. Long-term investors looking to buy the dip can find plenty of stocks to buy that are at or near their lowest prices…

Benzinga

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Soaring energy costs driving up inflation, while Origin Energy downsizes earnings

The Australian share market closes up on Wednesday, despite ongoing global and domestic concerns about inflation, rate hikes and energy prices.

ABC News

Bumper Australian crops unlikely to provide relief at the cash register

Despite farmers planting a record 24m hectares this year, higher fuel and fertiliser costs mean produce prices will remain high

The Guardian - AU

Banks crack down on high debt-to-income home loans as regulator APRA comes knocking

Two of Australia's biggest banks are moving to curb high-risk home lending, as the regulator reveals it has been warning some institutions to cut back on risky loans.

ABC News

Market response to Australia’s new Labor government will be ‘muted’, economists say

Analysts say election of Albanese government will not ‘shift the dial’ on economic forecasts

The Guardian - AU

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Will a 5 per cent pay rise for workers lift the cost of your coffee and petrol by the same amount?

Boosting workers' wages by 5 per cent – for all workers, not just those on the minimum wage — would lead to an increase in prices across the economy of about 2 per cent, according to a new report.

ABC News

RBA contemplated larger cash rate hike

The minutes of the Reserve Bank of Australia's May board meeting show there was concern among board members about waiting to raise the cash rate.

AAP

ASX defies Wall Street downer, as crypto struggles and $A falls

The Australian share market is ending the week on a high, despite global markets still struggling with looming rate hikes, war and inflation.

ABC News

Banks eye rate boost but headwinds remain

Australia's four major banks have all reported a squeeze on margins in their latest results, but that is certain to change as interest rates rise.

AAP

Newcastle home buyers may need 15 years to save a 20 per cent deposit

Newcastle home buyers may need 15 years to save a 20 per cent deposit, the report says.

Newcastle Herald

A decade of savings isn’t enough for most first home buyers, as deposits soar out of reach

While house prices are expected to fall nationally as interest rates continue to rise, that won't necessarily improve the plight of first home buyers, according to CoreLogic's latest housing affordability report.

ABC News

Newcastle housing less affordable than Greater Sydney: new report

Newcastle home buyers may need 15 years to save a 20 per cent deposit, the report says.

Newcastle Herald

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ABC News

'Big four' banks made huge profits as Australians took out bigger mortgages for pricier housing

Australia's big four banks — ANZ, CBA, NAB and Westpac — now hold a whopping $1.87 trillion in home loans, and raked in big profits as Australians took on massive home loans.

AAP

ANZ lifts first half cash profit

The nation's third-largest bank, ANZ, has reported a lift in first-half profit after tightly managing costs and improving home loan processing times.

ABC News

ANZ half-year profit jumps; ASX loses ground after Wall Street makes modest gains

As the big four banks lift interest rates following the Reserve Bank's move, ANZ posts a rise in half year profit, the ASX loses early gains and investors await an expected rate increase from the US Federal Reserve.

ABC News

The Loop: More banks announce mortgage rate increases, Roe v Wade protests in the US, The Kid LAROI sweeps the APRAs

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The Guardian - AU

Shock interest rate rise shows Australia’s economic exceptionalism is fading

RBA’s decision is, in the words of one economist, ‘a radical revision’. Could this turn a plateauing of property prices into a rout?

The Guardian - AU

Reserve Bank interest rates: RBA lifts official cash rate to 0.35% in first rise since 2010

Central bank raises rate by 0.25 percentage points in a move that will stoke cost-of-living debate ahead of federal election

ABC News

With interest rates about to start rising, experts estimate almost 300,000 mortgage borrowers are at serious risk of default

As interest rates rise, almost 300,000 people who took large and risky home loans during the pandemic could fall into severe financial hardship or even default.

ABC News

The cost of living is surging, so why will the RBA add to it by raising interest rates?

The Reserve Bank is increasingly likely to start raising interest rates next Tuesday. But why would it add increased interest costs to household budgets at a time when Australians are struggling with a surging cost of living? Michael Janda explains the economics behind it.

The Guardian - AU

New Zealand house prices are starting to fall – but many buyers remain locked out

Some economists are predicting a 10% decrease over the year, but even that won’t return prices to those of two years ago

AAP

Women seek greater workplace flexibility

Growing demand from women for more flexible arrangements in the workplace could lead to a "Flexidus", a Linkedin survey has found.

Pedestrian.tv

8 People On The Most Spenny Things They’ve Dropped $$$ On Lately & Y’all Are Too Extra

Described as a purchase you definitely don't need, I asked a few other people what their most extra “spenemie” purchase has been in the last month. And it did not disappoint.

1 … 13 14 15 16

People

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