News
So far, so good: The Warsh era at the Fed gets underway
2+ hour, 29+ min ago (1083+ words) June 18, 2026 " 11: 56am Kevin Warsh faced some novel, perhaps unprecedented, challenges as he chaired his first meeting of the US Federal Reserve Board, not the least of which was to demonstrate that he wasn't Donald Trump's "sock puppet." The Fed's first statement…...
Brisbane rate rise confirmed in council budget
1+ day, 6+ hour ago (178+ words) June 17, 2026 " 7: 35am Rates in Brisbane will increase by an average of 3. 97 per cent, Lord Mayor Adrian Schrinner announced on Wednesday morning ahead of his 2026-27 budget being handed down. He said the increase would equate to about $1. 22 a week, or $60 a year....
The type of home that is getting "hit harder" as house values fall
1+ day, 9+ hour ago (867+ words) June 17, 2026 " 5: 00am House values have fallen across almost all price points in Melbourne and Sydney over recent months, with the biggest losses for sellers concentrated in the top end of the market. While Sydney had a very modest 0. 2 per cent growth…...
RBA keeps rates on hold
1+ day, 23+ hour ago (33+ words) SMH. com. au The Reserve Bank of Australia has kept interest rates on hold at 4. 35 per cent. Updated June 16, 2026 " 5: 11pm, first published 3: 03pm...
RBA Governor Michele Bullock addresses rate hold
1+ day, 21+ hour ago (37+ words) SMH. com. au RBA Governor Michele Bullock addresses rate decision after board keeps cash rate steady at 4. 35 per cent. Updated June 16, 2026 " 4: 51pm, first published 4: 48pm...
Reserve Bank keeps interest rates on hold at 4. 35 per cent
1+ day, 23+ hour ago (650+ words) June 16, 2026 " 2: 31pm The Reserve Bank has kept interest rates on hold for the first time this year after three consecutive rate rises as it aims to curb inflation, but has warned it will "do what it considers necessary" including raising rates…...
This five-minute banking switch could put $800 back in your pocket
2+ day, 1+ hour ago (876+ words) June 16, 2026 " 12: 40pm If I offered you $800, you'd probably take it. Yet countless Australians are leaving that sort of money on the table by keeping their savings in the wrong account. The big four banks alone reportedly have almost $370 billion in low…...
Mortgage holders brace for interest rates decision
2+ day, 8+ hour ago (32+ words) SMH. com. au The Reserve Bank is tipped to keep interest rates on hold today. Updated June 16, 2026 " 6: 11am, first published 6: 08am...
Two big banks have slashed their house price forecasts. The numbers are hair-raising
2+ day, 22+ hour ago (634+ words) June 15, 2026 " 3: 50pm There has been a break in the big four banks" ranks over the future of property prices. ANZ and NAB have capitulated over the past couple of days and joined the legion of economists predicting national capital house prices…...
Credit cards, loans or your mortgage: what should you pay off first?
5+ day, 5+ hour ago (771+ words) June 13, 2026 " 5: 01am The question may well speak to you too. Indeed, to many people. The answer goes like this. The mathematical winner. The various amounts of your debt don't factor into which one you should prioritise as much as the interest…...