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One group of Australians could be hundreds of dollars out of pocket by the end of the year, as the nation’s financial crisis really starts to bite.
INFLATION
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Property prices are falling in Sydney and flatlining in Melbourne as declining affordability and interest rate hikes deter buyers from entering the market.
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There’s been a major reversal in the property market, with prices stagnant following the massive real estate boom during the pandemic.
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If the Reserve Bank lifts official interest rates for the first time in more than a decade on Tuesday, as is widely expected, property prices will almost certai…
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Wednesday's inflation data was a shock to both the government and the Reserve Bank.
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Consumer prices jumped by 2.1 per cent through the first three months of the year, taking annual inflation to its highest level in more than 20 years.
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Josh Frydenberg is pegging his government’s re-election chances on a budget cash splash fuelled by a “remarkable” economic rebound.
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Australia’s Reserve Bank will soon follow the US Federal Reserve in starting to raise interest rates, economists say.
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Property might not have the same level of excitement and pizzazz as some other asset classes but it is long-term and stable by nature.
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Home buyers could face higher mortgage repayments as early as rising inflation could force the Reserve Bank to lift official rates above 2 per cent within a yea…
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The measures of inflation the RBA use come from the Consumer Price Index, which is compiled by the Australian Bureau of Statistics but excludes house prices.
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In its latest quarterly statement on monetary policy, the Reserve Bank has laid out three possible scenarios for the economic outlook.
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