News
Macquarie Bank lifts interest rates after Reserve Bank announces cash rate rise - ABC News
1+ hour, 12+ min ago (246+ words) Macquarie Bank has become the first Australian bank to increase interest rates after the latest RBA decision. (AAP: Joel Carrett) Macquarie Bank has become the first Australian bank to lift interest rates following the Reserve Bank of Australia's decision to…...
NT debt to hit $12. 55b as budget delivers no new cost of living relief
29+ min ago (739+ words) Bill Yan and Lia Finocchiaro reading over the 2026-27 NT budget, which includes more than $100 million in funding for flood recovery. (ABC News: Jack Hislop) The Northern Territory's debt is set to hit $12. 55 billion next financial year, with the government announcing…...
RBA risks a recession but feels there's nothing else it can do
1+ hour, 21+ min ago (844+ words) The RBA board has chosen to lift the cash rate for the third time this year. (AAP: Bianca De Marchi) Monetary policy trade-offs are getting worse. The Reserve Bank of Australia is confronting rising inflation and downgraded growth forecasts, and…...
Reserve Bank hikes interest rates to 4. 35 per cent
1+ hour, 53+ min ago (105+ words) AUDIO: Reserve Bank hikes interest rates to 4. 35 per cent'Australian Broadcasting Corporation AUDIO: Reserve Bank hikes interest rates to 4. 35 per cent The RBA is tipped to hand down another interest rate rise today. (ABC News: Daniel Irvine) The Reserve Bank has…...
Use our rate hike calculator to see how rising interest rates may affect you
2+ hour, 13+ min ago (210+ words) If you are on a variable-rate mortgage, your repayments could be going up. (ABC News: Alistair Kroie/John Gunn) The Reserve Bank of Australia (RBA) has increased the'cash'rate'by 0. 25 of a percentage point. This rise has taken the cash rate back…...
Reserve Bank lifts interest rates by another 0. 25pc, to 4. 35pc
2+ hour, 8+ min ago (768+ words) Interest rates are now back at the same level as February 2025, before the Reserve Bank began its rate-cutting cycle. (ABC News: Daniel Irvine) The Reserve Bank has lifted interest rates by 0. 25 percentage points, to 4. 35 per cent. The cash rate target…...
Reserve Bank widely expected to deliver another rate hike
7+ hour, 39+ min ago (103+ words) AUDIO: Reserve Bank widely expected to deliver another rate hike'Australian Broadcasting Corporation AUDIO: Reserve Bank widely expected to deliver another rate hike The RBA is tipped to hand down another interest rate rise today. (ABC News: Daniel Irvine) The RBA…...
Why is the Australian dollar trading at four-year highs?
22+ hour, 25+ min ago (151+ words) VIDEO: Why is the Australian dollar trading at four-year highs? Australian Broadcasting Corporation VIDEO: Why is the Australian dollar trading at four-year highs? JP Morgan chief economist and head of FX and interest rate strategy, Ben Jarman says the strength…...
Tax windfall from Iran war to be pocketed in federal budget
1+ day, 11+ hour ago (885+ words) Jim Chalmers says upward revisions to revenue driven by the Iran war will be used to pay down debt. (ABC News: Stuart Carnegie) A larger-than-expected tax take driven by the Iran war will be entirely used to pay down Commonwealth…...
The seven factors that will decide if interest rates go up tomorrow
1+ day, 12+ hour ago (987+ words) Emily Stewart explains this week's interest rate decision. (ABC News: Jarrod Fankhauser) Hi, I'm business journalist Emily Stewart. I'm here to help you understand how key moments in the economy can affect you. This week, people with mortgages around Australia…...