News

newcastleherald. com. au
newcastleherald. com. au > story > 9239409 > newcastle-homeowners-fix-loans-as-rba-cash-rate-hits-435

Newcastle homeowners rush to fix loans as RBA raises interest rates

1+ day, 7+ hour ago  (623+ words) A growing number of Newcastle homeowners are rushing to lock in fixed mortgages as interest rates climb back to their 2024 peak. Following the Reserve Bank of Australia's (RBA) decision to lift the cash rate for the third time this year,…...

newcastleherald. com. au
newcastleherald. com. au > story > 9131426 > jobs-market-still-tight-as-unemployment-holds-at-43pc

Mixed employment report won't make RBA's job any easier

4+ mon, 4+ week ago  (596+ words) A messy jobs report will provide the Reserve Bank with little clarity as it tries to discern just how tight the labour market is. The central bank is piecing together data to get a clearer picture of the economy for…...

newcastleherald. com. au
newcastleherald. com. au > story > 9069041 > us-fed-cuts-rates-by-quarter-of-a-percentage-point

US Fed cuts rates by quarter of a percentage point

7+ mon, 3+ week ago  (576+ words) The Federal Reserve has cut interest rates by a quarter of a percentage point and indicated it will steadily lower borrowing costs for the rest of this year as it responds to concerns about weakness in the job market. Only…...

newcastleherald. com. au
newcastleherald. com. au > story > 9010883 > rba-hold-official-cash-rate-at-385-in-july-in-shock-move

RBA reveals how its members voted on shock rate call

10+ mon, 1+ day ago  (661+ words) The Reserve Bank governor says the board must be sure it has "nailed" the fight against inflation before it makes another rate cut decision. The central bank made the surprise call to hold the cash rate at 3. 85 per cent, going…...