SHOCKING: 2 | Mind Blowing Facts

Big bank changes RBA rate call as cost pressures ease

Slowing economic activity and softer price growth could convince the Reserve Bank to keep rates on hold, with inflation pressures weaker than initially feared.

AAP · Jun 9

Personal loans booming as cost of living drives Australians to borrow record amounts

National debt helpline calls have increased alongside growth in new personal loans, which charged an average 9% interest in March

The Guardian - AU · Jun 6

India bonds slip ahead of RBI policy as war risks lift oil

The Reserve Bank of India will announce its rate decision on Friday, with markets largely pricing in a pause even ‌as Standard Chartered, ⁠Capital Economics, ⁠ANZ, MUFG and OCBC call for a 25-basis-point hike.

The Economic Times · Jun 1

Australia will avoid recession, despite global jitters

One of the big four banks has delivered encouraging news about Australia's chances of avoiding a recession, which could still emerge in the global economy.

AAP · Apr 30

Too good to be true: criminal groups target money mules

Criminal groups are recruiting university students and the unemployed as money mules to launder money and the proceeds from scams.

AAP · Apr 29

Banks to reveal how Iran conflict has affected earnings

Investors will be watching the banks' provisions for bad debts when ANZ, NAB and Westpac report their half-year earnings in the coming days.

AAP · Apr 28

Worse to come as oil crisis adds fuel to rate-pain fire

A rate hike in May is forecast by analysts after the Iran oil shock pushed the annual headline inflation level to the highest point in almost three years.

AAP · Apr 28

Australian growth forecasts slashed as global economy faces inflation spike

OECD says the Middle East war will test the world’s resilience with Australia expected to suffer from higher rates and inflation

The Guardian - AU · Mar 26

Confidence tanks as fuel spike flows to building costs

Housing Minister Clare O'Neil has brought together leaders from the construction industry as they grapple with skyrocketing materials costs.

AAP · Mar 24

‘If we have to change tack, we will’: RBA hikes rates but not aiming to put Australia into recession, Bullock says

Reserve Bank of Australia’s second consecutive increase lifts cash rate target to 4.1%, back to where it was in February last year

The Guardian - AU · Mar 17