Interest rates
Updated
World markets
ASX extends losses as Wall Street drops on rate concerns
The Australian sharemarket continued to decline after Wall Street weakened following the release of the minutes from the Federal Reserve’s latest meeting.
- by Millie Muroi
Latest
Opinion
Renting
Lowe is right: New York’s soaring rents shows why freezes won’t work
In his final appearance before parliament as Reserve Bank governor, Philip Lowe voiced his opposition towards rent freezes or caps. He may have a point.
- by William Bennett
Exclusive
ALP
Union push for worker representatives on RBA and Future Fund
CFMMEU national secretary Zach Smith says ordinary Australians cannot afford to see the two bodies stacked with “captains of industry with little insight into their daily struggles”.
- by Paul Sakkal and James Massola
Opinion
For subscribers
There are less painful tools to fix inflation, so why aren’t we using them?
Our politicians and their economic advisers need to find a better way to skin the cat.
- by Ross Gittins
NAB signals confidence with $1.5b buyback as profits rise
The country’s second-largest bank reported a 5.8 per cent increase in profit and announced a $1.5 billion share buyback but saw the quality of its loans fall.
- by Millie Muroi
Jobs market at ‘turning point’: RBA wary as rate rises bite
The Reserve Bank has growing evidence that its run of rate increases is eating into the labour market and the broader economy.
- by Shane Wright
Rate cuts coming to help mortgage-stressed shoppers: CBA
The nation’s biggest lender tips interest rates will fall a full percentage point in the next year to offset the hit being felt by consumers struggling to make ends meet.
- by Shane Wright
Opinion
Ask an expert
Help! What loan should we get now our fixed rate is ending?
Offset accounts can be incredibly powerful debt reduction tools, but make sure you’re also getting a good deal on your repayments.
- by Nicole Pedersen-McKinnon
Lowe warns against rent freezes as he signals rates may rise again
In his last appearance before the House of Representatives’ economics committee, the outgoing RBA governor also admitted he had made mistakes during the COVID-19 pandemic, that had contributed to today’s inflation pressures.
- by Shane Wright
Analysis
RBA
Lowe drops truth bombs as he prepares to leave the RBA stage
In his final parliamentary appearance, Reserve Bank governor Philip Lowe ended where he started – bemoaning the high cost of land in Australia.
- by Shane Wright
Exclusive
Cost of living
Six graphs show cost of living crisis is hitting those who can least afford it
People like Emma Warren are at breaking point, according to a new survey of people who are hit the hardest by rising cost of living.
- by Max Maddison