Households are being warned all three of last year’s rate cuts will be undone by May, as oil price spikes and a stronger economy leads to higher interest rates.
Markets and economists increasingly expect an increase this month after hawkish comments from Reserve Bank deputy governor ...
SYDNEY, March 11 (Reuters) - A growing number of economists, including from Westpac, National Australia Bank and Commonwealth ...
Economist Nick Stenner has warned an energy shock from the Middle East conflict will force the central bank to act as soon as next week.
Three of Australia’s Big Four banks predict a trio of back-to-back rate rises will slug typical capital city mortgage holders up to $8,000 a year extra - but borrowers have a secret weapon.
All four of Australia’s big banks are forecasting back-to-back interest rate rises, predicting the Reserve Bank (RBA) will ...
Expectations the Reserve Bank will hike the cash rate next week are rising as leading economists shift their forecasts — and some say one increase may not be enough.
The Australian dollar, Norwegian krone and New Zealand dollar have surged ahead of other major currencies this year, as foreign exchange markets point to a change in the direction of global interest ...
MELBOURNE, Australia(AP) — Australia’s central bank lifted its benchmark interest rate Tuesday by a quarter percentage point to 3.85%, after three rate cuts last year and as inflation surges. The ...
MELBOURNE, Australia (AP) — Australia’s central bank lifted its benchmark interest rate Tuesday by a quarter percentage point to 3.85%, after three rate cuts last year and as inflation surges. The ...