News
The stark reality behind Trump’s ‘greatest economy ever’ claim
1+ hour, 57+ min ago (768+ words) In an appearance on Fox Business last week as he attempts to build momentum with voters ahead of November's midterm elections, Donald Trump proudly declared, "I think we have the greatest economy actually ever in history. Trump's grand claim followed…...
The bank of mum and dad has given up hope of ever being paid back
5+ day, 11+ hour ago (810+ words) A growing number of Australian parents have stepped in to help bankroll their children's first home, but the expectation that the chunk of money handed over will ever be paid back has all but disappeared. The bank of mum and…...
Why Australia switched to decimal currency 60 years ago
1+ week, 2+ day ago (509+ words) It's been 60 years since Australia switched to decimal currency. Some of us would remember when we used pounds and pence instead of dollars and cents, but this momentous change shook off an archaic British system and modernised our economy. In…...
RBA urges more high-rise amid home-building constraints
1+ week, 4+ day ago (476+ words) Governments are making the right moves on housing affordability but builders are still finding it "very challenging" to bring on new supply, RBA governor Michele Bullock says. Speaking at a second parliamentary hearing in less than one week, Ms Bullock…...
Investors betting on gold and silver despite wildly erratic prices
1+ week, 5+ day ago (672+ words) The market for two of history's safer investments, gold and silver, has become destabilised amidst geopolitical and economic uncertainty. The cost for an ounce of either precious metal grew rapidly over the past year to their most expensive rate on…...
How to lower your grocery bill
1+ week, 6+ day ago (525+ words) For more than two decades, Cath Armstrong has been helping Australians cut costs at the supermarket. The founder of The Cheapskates Club has always had practical advice including looking for discounts, buying generic brands, don't be brand or supermarket loyal,…...
How to ease mortgage pressure after latest interest rate rise
2+ week, 1+ day ago (660+ words) For many Australian families, the latest rate rise has meant a weekend worrying about the year ahead. With budgets already stretched to the limit, many feel there's simply no room left to move. But confusing bank jargon and loan structures…...
Outrage as bank says it’s ‘pleased’ to pass on rate hike
2+ week, 4+ day ago (365+ words) ME Bank has come under fire after accidentally sending customers an email saying it was "pleased to announce" it would be passing on interest rate hikes. The Bank of Queensland-owned lender distributed the email following Tuesday's Reserve Bank cash rate…...
Rate rise pain: your step-by-step guide to finding a cheaper home loan
2+ week, 5+ day ago (673+ words) The Reserve Bank of Australia (RBA) Board unanimously decided to raise the cash rate by 25 basis points to 3.85 per cent this week, prompting mortgaged homeowners to contemplate whether they are better off switching lenders. While inflation has fallen substantially since…...
RBA rate rise: how much extra your mortgage will now cost you across regional Australia
2+ week, 6+ day ago (492+ words) Australians with a mortgage are facing a tougher 2026 after the Reserve Bank of Australia raised the official cash rate in two years. RBA Governor Michele Bullock made the move at the board's meeting in Sydney today, with the major banks…...