News
Next step after forecast rates hike an unknown path
2+ hour, 6+ min ago (503+ words) Expectations are high for a Reserve Bank rate hike at its first meeting of the year, but what it does next is much less certain. As the central bank's board was ensconced in deliberation at its temporary digs around the…...
Aussie dollar breaks barrier as greenback loses shine
5+ day, 13+ hour ago (475+ words) Australia's currency hit a near three-year high against its American counterpart after sticky inflation data raised the odds the Reserve Bank will soon raise interest rates. The Aussie jumped from 69.93 US cents to 70.22 US cents in just two minutes late…...
Healthy jobs market spells rate pain for borrowers
1+ week, 4+ day ago (572+ words) Analysts are warning mortgage holders an interest rate rise could be just weeks away, after surprisingly strong jobs figures heightened the Reserve Bank of Australia's concerns about inflation. Forecasters were taken off guard by the resilience of Australia's labour market....
Jobs data could put brakes on momentum for rates rise
1+ week, 5+ day ago (417+ words) A softening jobs market "should flash a warning sign" at the Reserve Bank against hiking interest rates, as crucial unemployment and inflation data heave into view on the horizon. AMP chief economist Shane Oliver forecasts labour force data released by…...
Navigating mortgage refinancing in 2026: A guide for Canberra homeowners
2+ week, 3+ day ago (607+ words) This is branded content. As the Australian mortgage landscape enters 2026, the market is transitioning into a stabilisation phase following a period of significant monetary tightening. For many Canberra households, this period presents an opportunity to review existing debt structures and…...
Hot or not? Strong spending complicates rate picture
2+ week, 4+ day ago (445+ words) Household spending continues to build momentum, heightening expectations of a Reserve Bank rate hike. After official figures released on Monday showed stronger-than-expected spending in November, data from Commonwealth Bank revealed no let-up in consumption despite a gloomier outlook for interest…...
Rate hike 'risks hurting' fragile consumer sentiment
2+ week, 6+ day ago (551+ words) Waning consumer confidence could give the Reserve Bank pause as it mulls hiking interest rates at its next meeting. Household spending data released by the Australian Bureau of Statistics on Monday showed consumers were gathering steam late last year. Spending…...
Consumer sentiment in focus as spending gathers steam
3+ week, 31+ min ago (426+ words) Australian households are ramping up spending despite diminishing hopes of rate cuts, setting a challenge for the Reserve Bank to bring inflation under control." Consumer sentiment figures, released by Westpac and the Melbourne Institute on Tuesday, will provide an insight…...
Aussie dollar set for lift but Trump coin toss remains
4+ week, 1+ day ago (960+ words) The Australian dollar finally snapped a four-year losing streak against the greenback in 2025, and might be due for more upside in the new year. But (and there's always a but) two major risks could trump its run-up. The nation's currency…...
Self-interest widening wealth gap between old and young
1+ mon, 5+ day ago (493+ words) Is the wealth gap between old and young Australians becoming a gulf? Former federal Treasury secretary Ken Henry has declared young workers are being "robbed" by the tax system, while ex-Victorian treasurer Tim Pallas calls the intergenerational wealth gap a…...