News
This simple mortgage move could save us thousands – so why don’t we do it?
2+ hour, 39+ min ago (1121+ words) February 22, 2026 " 5:15am When it comes to what we value highly in other people, loyalty is easily among one of the top traits to look for. But unfortunately, that same attribute doesn't always serve us well when it comes to saving money....
Why Trump’s tariff defeat has sparked fears of an interest rate spike
13+ hour, 24+ min ago (790+ words) February 21, 2026 " 1:30pm In the seconds after the US Supreme Court ruled against Donald Trump's tariff war on his own people, financial markets did one thing " bet that American interest rates would go higher. Despite the political brouhaha around Trump and his…...
The three steps to successfully refinance (and save $428 a month)
1+ day, 2+ hour ago (833+ words) February 21, 2026 " 5:01am The rate rise has hit hard. On a pretty typical $700,000 mortgage, you're needing to find almost $110 extra a month now. So the rush is on to ditch and switch lenders for cheaper ones. Roughly 35,000 home-owning Aussies are now refinancing…...
Economy labour force figures revealed
2+ day, 13+ hour ago (50+ words) Fears of a March rate hike were further fuelled by the latest jobs figures which revealed the market remains strong. Fears of a March rate hike were further fuelled by the latest jobs figures which revealed the market remains strong....
Economist who argued RBA must better explain interest rate decisions to join board
1+ week, 2+ day ago (393+ words) February 12, 2026 " 10:30pm Respected independent economist Bruce Preston, who once argued the Reserve Bank had to improve how it explained its interest rate decisions, will go on to the board that sets monetary policy. Treasurer Jim Chalmers said Preston, a professor of…...
‘Build more houses’: RBA call to arms as mortgages hit record highs
1+ week, 3+ day ago (759+ words) February 11, 2026 " 3:55pm The average new Australian mortgage has soared to almost $750,000 as investors, first-time buyers and existing owners drive up prices, prompting the Reserve Bank to declare the best way to deal with the nation's expensive property market is to "build…...
CBA shares rocket as profit beats expectations
1+ week, 4+ day ago (907+ words) Updated February 11, 2026 " 4:45pm,first published February 11, 2026 " 7:49am Commonwealth Bank's half-year results have blitzed market expectations and sparked a euphoric share price rally, after the banking giant notched up $5.4 billion in profits and held its dominant position in domestic banking. CBA, which had…...
Labor must fix our tax system. Anything less is economic destruction
1+ week, 4+ day ago (661+ words) February 10, 2026 " 7:55pm Today, in Australia, people live in very different economic realities. One part of the community, the asset-rich "owners, have been experiencing soaring asset values and rising living standards. The other reality is that of the "earners, who rely on…...
Playing with fire: Trump’s unstable boom is a high-stakes experiment
1+ week, 5+ day ago (1205+ words) All the levers of economic stimulus in America are pushed to the maximum, setting the conditions for torrid overheating and an unstable boom by the end of the year. Bank deregulation, credit expansion, a weaker dollar, lower interest rates, stealth…...
Brisbane now more expensive than Sydney for first-home buyers
1+ week, 6+ day ago (222+ words) First-home buyers in Brisbane have been dealt another blow, with new data showing entry-level homes are now more expensive here than in Sydney. New figures from property data firm Foundit showed that while Sydney remained more expensive overall, Brisbane had…...